Fanti, Luciano; Buccella, Domenico - Volkswirtschaftliche Fakultät, … - 2015
delegation, without and with network effects in consumption. First, we show that, in contrast with the received literature …, 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 …