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文章基本信息

  • 标题:Strategic Delegation and Semipublic Firms
  • 本地全文:下载
  • 作者:Juan Carlos Barcena-Ruiz
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2010
  • 卷号:30
  • 期号:1
  • 页码:744-750
  • 出版社:Economics Bulletin
  • 摘要:By considering a mixed oligopoly and considering that public firms are less efficient than private firms, White (2001) shows that if private firms hire managers then the public firm does not do so. We show in this paper that if we consider that a private firm competes with a firm that is owned jointly by both the private and public sectors (a semipublic firm) and that all the firms are equally efficient, then in equilibrium both firms hire managers
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