Marjit, Sugata; Mukherjee, Arijit - 2005
competition. So, outsourcing creates prisoner's dilemma. We show that whether outsourcing is likely to reduce profit under more …Recent empirical evidences show negative relationship between outsourcing and profitability. This paper provides a … theoretical explanation for this phenomenon. In an oligopoly model, we show that firms earn lower profits in the outsourcing …