WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS
This paper investigates a Cournot game model with a nonlinear demand function where a profit-maximizing firm competes against a socially concerned firm. The timing of the game is as follows. In stage one, each firm non-cooperatively decides whether to offer a wage-rise contract policy (WRCP) as a st...
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| Format: | Article |
| Language: | English |
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World Scientific Publishing Co. Pte Ltd.
2022-04-01
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| Series: | Journal of Business & Economic Analysis |
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| Online Access: | https://www.worldscientific.com/doi/10.1142/S2737566822500025 |
| _version_ | 1797352794398654464 |
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| author | KAZUHIRO OHNISHI |
| author_facet | KAZUHIRO OHNISHI |
| author_sort | KAZUHIRO OHNISHI |
| collection | DOAJ |
| description | This paper investigates a Cournot game model with a nonlinear demand function where a profit-maximizing firm competes against a socially concerned firm. The timing of the game is as follows. In stage one, each firm non-cooperatively decides whether to offer a wage-rise contract policy (WRCP) as a strategic commitment device. In stage two, after observing the rival’s decision in stage one, each firm non-cooperatively chooses its actual output. This paper presents the equilibrium solutions of the model. |
| first_indexed | 2024-03-08T13:21:56Z |
| format | Article |
| id | doaj.art-afcd1bec0cba4d4a8ecb3c4e654ec844 |
| institution | Directory Open Access Journal |
| issn | 2737-5668 2618-0324 |
| language | English |
| last_indexed | 2024-03-08T13:21:56Z |
| publishDate | 2022-04-01 |
| publisher | World Scientific Publishing Co. Pte Ltd. |
| record_format | Article |
| series | Journal of Business & Economic Analysis |
| spelling | doaj.art-afcd1bec0cba4d4a8ecb3c4e654ec8442024-01-18T01:44:36ZengWorld Scientific Publishing Co. Pte Ltd.Journal of Business & Economic Analysis2737-56682618-03242022-04-01050113914810.1142/S2737566822500025WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMSKAZUHIRO OHNISHI0Institute for Economic Sciences, 5-1-1 Onoharahigashi, Minoo, Osaka 562-0031, JapanThis paper investigates a Cournot game model with a nonlinear demand function where a profit-maximizing firm competes against a socially concerned firm. The timing of the game is as follows. In stage one, each firm non-cooperatively decides whether to offer a wage-rise contract policy (WRCP) as a strategic commitment device. In stage two, after observing the rival’s decision in stage one, each firm non-cooperatively chooses its actual output. This paper presents the equilibrium solutions of the model.https://www.worldscientific.com/doi/10.1142/S2737566822500025Corporate social responsibilityCournot modelprofit-maximizing firmsocially concerned firmwage-rise contract |
| spellingShingle | KAZUHIRO OHNISHI WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS Journal of Business & Economic Analysis Corporate social responsibility Cournot model profit-maximizing firm socially concerned firm wage-rise contract |
| title | WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS |
| title_full | WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS |
| title_fullStr | WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS |
| title_full_unstemmed | WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS |
| title_short | WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS |
| title_sort | wage rise contract and mixed cournot duopoly competition with profit maximizing and socially concerned firms |
| topic | Corporate social responsibility Cournot model profit-maximizing firm socially concerned firm wage-rise contract |
| url | https://www.worldscientific.com/doi/10.1142/S2737566822500025 |
| work_keys_str_mv | AT kazuhiroohnishi wagerisecontractandmixedcournotduopolycompetitionwithprofitmaximizingandsociallyconcernedfirms |