The literature on normal form games generally depicts the payoff matrices of two or three players. However, many such games discuss n-players. Therefore, this note studies the payoff representations of n-player normal form games.

This paper examines the behaviors of a profit-maximizing private firm and a socialwelfare- maximizing public firm in a mixed market model with a lifetime employment contract as a strategic commitment. The paper then shows that there exists an equilibrium in which the private firm enters into a...

This paper examines an international mixed model in which a domestic state-owned welfare-maximizing public firm competes against a foreign labor-managed income-per-worker-maximizing private firm. In the first stage, each firm independently decides whether or not to make a commitment to capacity....

This paper examines the effectiveness of the wage-rise-contract policy as a strategic commitment in a two-stage quantity-settingmodel with two labor-managed income-per-worker-maximizing firms. The policy is a promise by the firm that it will announce acertain output level and a wage premium...

This paper examines an endogenous-timing mixed model, where a public firm competes against a foreign private firm. Each firm first chooses the timing for adopting a wage-rise contract as a strategic instrument. The following situation is considered. In the first stage, each firm simultaneously...