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Strategic delegation in consumer cooperatives under mixed oligopoly
Kopel, Michael; Marini, Marco - In: Journal of Economics 113 (2014) 3, pp. 275-296
than PMFs to pay variable bonuses to their managers. We show that this occurs under price competition when in equilibrium …
Persistent link: https://www.econbiz.de/10011154639
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STRATEGIC DELEGATION IN CONSUMER COOPERATIVES UNDER MIXED OLIGOPOLY.
Kopel, Michael; Marini, Marco - Facoltà di Economia, Università degli Studi di Urbino - 2013
PMFs to pay variable bonuses to their managers. We show that this occurs under price competition when in equilibrium the …
Persistent link: https://www.econbiz.de/10011183213
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OPTIMAL COMPENSATION STRUCTURE IN CONSUMER COOPERATIVES UNDER MIXED OLIGOPOLY
Kopel, Michael; Marini, Marco - Centro di Ricerca sull'Economia delle Istituzioni … - 2012
less prone than PMFs to pay variable bonuses to their managers. We show that this occurs under price competition when in … output and, therefore, does not need to provide strong strategic incentives to their managers to expand output aggressively …
Persistent link: https://www.econbiz.de/10010897817
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The Core of Games with Stackelberg Leaders
Currarini, Sergio; Marini, Marco - Volkswirtschaftliche Fakultät, … - 1998
This paper considers cooperative game theoretic settings in which forming coalitions can act as Stackelberg leaders. We de�fine a value function which modi�fies the gamma-value function (Hart & Kurz, 1983, Chander & Tulkens, 1997) by letting members of deviating coalitions move �first in...
Persistent link: https://www.econbiz.de/10008565960