Open Access BASE1993

Delegation and Product Differentiation

Lambertini, Luca

Order using Access(Open Access)

Abstract

The effects of the delegation of control to managers are investigated in a duopolistic market for differentiated goods. It appears that delegation is profitable to shareholders under Cournot competiton, provided that the rival firm maximizes profit.

Subjects

SECS-P/01 Economia politica

Languages

English

Publisher

Dipartimento di Scienze economiche DSE

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