WAGE-RISE CONTRACT AND QUANTITY COMPETITION WITH PROFIT-MAXIMIZING AND LABOUR-MANAGED FIRMS

被引：1

作者：

Ohnishi, Kazuhiro

机构：

来源：

BULLETIN OF ECONOMIC RESEARCH | 2012年 / 64卷 / 02期

关键词：

labour-managed firm; profit-maximizing firm; quantity competition; wage-rise contract; C72; D21; L20; STRATEGIC INVESTMENT; ENTREPRENEURIAL; CAPITALIST; RIVALRY;

D O I：

10.1111/j.1467-8586.2010.00391.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines the behaviours of a profit-maximizing firm and a labour-managed profit-per-worker-maximizing firm in a two-stage quantity-setting model with a wage-rise contract as a strategic commitment. The paper then shows that there exists a unique equilibrium that coincides with the Stackelberg solution where the profit-maximizing firm is the leader and the labour-managed firm is the follower.

引用

页码：286 / 292

页数：7

共 21 条

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