, in contrast to standard oligopoly results, managerial delegation benefits the monopolist, while harms consumers, workers … and society. Moreover, in contrast to the conventional wisdom, monopoly profits with managerial delegation are higher with …. Consumption externalities change the picture: managerial delegation benefits consumers, workers and society, provided that the …

is export rivalry between two countries. We show that, under price competition without managerial delegation, it is … competition with relative performance based managerial delegation in firms. In contrast, under quantity competition, the optimal … managerial delegation, trade policy interventions in the presence of sufficiently strong (weak or very strong) network …

managerial delegation than in case of no delegation, unlike as in the case of usual oligopoly without network effect. …

The present study analyses the dynamics of a nonlinear Cournot duopoly with managerial delegation and bounded rational …