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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Veröffentlicht in:	MAGKS - Joint Discussion Paper Series in Economics (Band 53-2013)
Autoren:	Hildenbrand, Andreas, Duran, Mihael
Format:	Artikel
Sprache:	Englisch
Veröffentlicht:	2013
Schlagworte:	property rights firm organization Wirtschaft market structure Economics
Online-Zugang:	PDF-Volltext
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