The Role of Managerial Work in Market Performance: A Monopoly Model with Team Production

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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Udgivet i:MAGKS - Joint Discussion Paper Series in Economics (Band 53-2013)
Autoren: Hildenbrand, Andreas, Duran, Mihael
Format: Artikel
Sprog:engelsk
Udgivet: Philipps-Universität Marburg 2013
Fag:
property rights
market structure
Wirtschaft
firm organization
Economics
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Klassifikationsnummer: urn:nbn:de:hebis:04-es2024-02157
Publikationsdatum: 2024-01-03
Downloads: 14 (2024)
Lizenz: https://creativecommons.org/publicdomain/mark/1.0
Zugangs-URL: https://archiv.ub.uni-marburg.de/es/2024/0215
https://doi.org/10.17192/es2024.0215

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