A THREE-STAGE INTERNATIONAL MIXED DUOPOLY WITH A WAGE-RISE CONTRACT AS A STRATEGIC COMMITMENT

被引：3
|
作者：
Ohnishi, Kazuhiro [1 ]
机构：
[1] Osaka Univ, Suita, Osaka 565, Japan
来源：
MANCHESTER SCHOOL | 2010年 / 78卷 / 04期
关键词：
OLIGOPOLY; PRIVATIZATION; ENTERPRISE; INSTRUMENT; FIRMS;
D O I：
10.1111/j.1467-9957.2009.02143.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines international mixed competition, where one domestic social-surplus-maximizing public firm and one foreign profit-maximizing private firm can adopt a wage-rise contract as a strategic commitment. The paper considers the following three stages. In the first stage, the domestic public firm can offer the wage-rise contract. In the second stage, the foreign private firm can offer the wage-rise contract. In the third stage, both firms simultaneously and independently choose and sell their actual outputs. The equilibrium of the international mixed duopoly model is discussed.
引用
收藏
页码：279 / 289
页数：11
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