Managers often use tournament incentive schemes which motivate workers to compete for the top, compete to avoid the … levels for three tournament incentive schemes: reward tournaments, punishment tournaments, and tournaments combining reward …

This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders …

paper proposes a theory of incentive design allowing for such distorted behavior. At the heart of the theory is a trade …-off between getting the agent to exert effort and ensuring that this effort is used well. The theory covers various moral …

The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group … particular if the managers payoff does not depend on the members behavior. Different incentives schemes induce the managers to … lead the groups into different directions but incentivized managers are less capable of inducing very high or low contest …

an n to an n-1 player oligopoly after a merger in the industry. Competitors are identified via the European Commission s … the merger effect. We obtain results consistent with the predictions of standard oligopoly models: non-merging rivals …

We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency …