Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device
This paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each firm chooses either stage two or stage three...
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2020-07-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_114333_c2a9e8917150a51dd7b275029dc8263c.pdf |
| _version_ | 1827822521777389568 |
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| author | Kazuhiro Ohnishi |
| author_facet | Kazuhiro Ohnishi |
| author_sort | Kazuhiro Ohnishi |
| collection | DOAJ |
| description | This paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each firm chooses either stage two or stage three simultaneously and independently. In stage two, the firm choosing stage two offers a wage-rise contract in this stage. In stage three, the firm choosing stage three offers a wage-rise contract in this stage. At the end of the game, each firm chooses its actual output simultaneously and independently. The paper studies the behavior of the public firm and the private firm in the mixed duopoly model. The aim of this paper is to present the equilibrium outcome of the mixed duopoly model. |
| first_indexed | 2024-03-12T01:58:52Z |
| format | Article |
| id | doaj.art-03ee785fffe94b439206e4dd2c86aee2 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:58:52Z |
| publishDate | 2020-07-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-03ee785fffe94b439206e4dd2c86aee22023-09-07T21:44:42ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262020-07-0177391399114333Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic DeviceKazuhiro Ohnishi0Institute for Basic Economic Science, Osaka, JapanThis paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each firm chooses either stage two or stage three simultaneously and independently. In stage two, the firm choosing stage two offers a wage-rise contract in this stage. In stage three, the firm choosing stage three offers a wage-rise contract in this stage. At the end of the game, each firm chooses its actual output simultaneously and independently. The paper studies the behavior of the public firm and the private firm in the mixed duopoly model. The aim of this paper is to present the equilibrium outcome of the mixed duopoly model.https://www.ijmae.com/article_114333_c2a9e8917150a51dd7b275029dc8263c.pdfendogenous timingprivate firmpublic firmwage-rise contract |
| spellingShingle | Kazuhiro Ohnishi Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device International Journal of Management, Accounting and Economics endogenous timing private firm public firm wage-rise contract |
| title | Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device |
| title_full | Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device |
| title_fullStr | Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device |
| title_full_unstemmed | Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device |
| title_short | Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device |
| title_sort | endogenous timing in mixed duopoly with wage rise contracts as strategic device |
| topic | endogenous timing private firm public firm wage-rise contract |
| url | https://www.ijmae.com/article_114333_c2a9e8917150a51dd7b275029dc8263c.pdf |
| work_keys_str_mv | AT kazuhiroohnishi endogenoustiminginmixedduopolywithwagerisecontractsasstrategicdevice |