Organizational Governance, Leadership, and the Influence of Competition
AbstractThis paper studies the emergence of firm asymmetry as an equilibrium outcome. We consider differentiated Cournot and Bertrand duopolies where firms endogenously select their organizational governance and their timing strategy. For Cournot competition asymmetric and symmetric equilibria may occur. In an asymmetric equilibrium, firms always select different organizational structures. In Bertrand competition, firms always select different timing strategies at the market stage, but may select the same organizational structure. For Bertrand competition we observe that firm profits are nonmonotonic in the intensity of competition, so that firms might be better off if the intensity of competition between firms increases.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.
Volume (Year): 168 (2012)
Issue (Month): 3 (September)
Contact details of provider:
Web page: http://www.mohr.de/jite
Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany
Find related papers by JEL classification:
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Michael Kopel & Marco Marini, 2012.
"Optimal Compensation Structure In Consumer Cooperatives Under Mixed Oligopoly,"
0512, CREI Università degli Studi Roma Tre, revised 2012.
- Michael Kopel & Marco A. Marini, 2012. "Optimal Compensation Structure in Consumer Cooperatives under Mixed Oligopoly," DIS Technical Reports 2012-06, Department of Computer, Control and Management Engineering, Università degli Studi di Roma "La Sapienza".
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert).
If references are entirely missing, you can add them using this form.