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The Role of Managerial Work in Market Performance: A Monopoly Model with Team Production
A monopolist is treated as a nexus of contracts with team production. It has one ownermanager. The owner-manager is the employer of two employees. A team production problem is present if the employer is a “managerial lemon”. If the team production problem is solved, the employer is a “managerial hot...
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| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 53-2013) |
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| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2013
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| Subjects: | |
| Online Access: | PDF Full Text |
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