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misalignment between managers and the firm, these two purposes are in conflict. This is because the worker with the largest private …: employees that create lower expected profits as managers have yet better promotion prospects. That finding still holds when the … firm owner optimally chooses the promotion rule, the degree of delegation, and wage payments to both employees and managers …
Persistent link: https://www.econbiz.de/10012138859
Grundlagen -- Einführung und Überblick -- Spieltheorie -- Kostenführerschaft und Wettbewerb im homogenen Oligopol … unter Risiko -- Innovationswettbewerb bei Spillover -- Produktdifferenzierung und Wettbewerb im heterogenen Oligopol …
Persistent link: https://www.econbiz.de/10013516935
Persistent link: https://www.econbiz.de/10013518435
Herausforderungen für die Gewährleistung von Versorgungssicherheit -- Überblick über ergänzende Mechanismen zur Sicherstellung von Versorgungssicherheit -- Modellierung von Kapazitätszubau im Rahmen eines mengenbasierten Kapazitätsmarktes -- Analyse und Interpretation unterschiedlicher...
Persistent link: https://www.econbiz.de/10014019096
This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the …This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the … theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are …
Persistent link: https://www.econbiz.de/10013520714
This paper derives a three stage Cournotoligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...
Persistent link: https://www.econbiz.de/10013428414
Persistent link: https://www.econbiz.de/10013428551
Grundlagen -- Einführung und Überblick -- Spieltheorie -- Kostenführerschaft und Wettbewerb im homogenen Oligopol … unter Risiko -- Innovationswettbewerb bei Spillover -- Produktdifferenzierung und Wettbewerb im heterogenen Oligopol …
Persistent link: https://www.econbiz.de/10014014106
The book deals with collusion between firms on both sides of a market that is immune to deviations by coalitions. We study this issue using an infinitely countably repeated game with discounting of future single period payoffs. A strict strong perfect equilibrium is the main solution concept...
Persistent link: https://www.econbiz.de/10014015371
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502