Stadler, Manfred; Unsorg, Maximiliane - In: Jahrbücher für Nationalökonomie und Statistik 245 (2025) 3, pp. 251-267
This paper studies how the separation of ownership and management affects firms' location decisions in a model of price competition with concentrated consumer demand. Strategic location decisions are made by the owners themselves, whereas operational price decisions are delegated to managers. It...