Intra-firm Conflicts and Interfirm Competition
AbstractWe study interaction effects between intra-firm conflicts and interfirm competition on a duopolistic market with seller firms employing one or more agents and implementing tournament incentives. We show that inter-firm competition leads to higher incentive intensity, higher efforts and output levels but lower profits.
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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2009-007.
Date of creation: 30 Jan 2009
Date of revision:
Tournament; Worker compensation; Strategic competition;
Other versions of this item:
- Güth, Werner & Pull, Kerstin & Stadler, Manfred, 2011. "Intrafirm conflicts and interfirm competition," University of Tuebingen Working Papers in Economics and Finance 14, University of Tuebingen, Faculty of Economics and Social Sciences.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- M52 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-14 (All new papers)
- NEP-BEC-2009-02-14 (Business Economics)
- NEP-COM-2009-02-14 (Industrial Competition)
- NEP-CSE-2009-02-14 (Economics of Strategic Management)
- NEP-CTA-2009-02-14 (Contract Theory & Applications)
- NEP-MIC-2009-02-14 (Microeconomics)
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