Goering, Gregory E.; Sarangi, Sudipta - In: Economic Modelling 29 (2012) 3, pp. 893-899
A two-period durable-goods monopoly model is analyzed where the durable good is provided by a state owned enterprise (SOE). First, we suppose that the SOE is under pressure to provide employment, and therefore has an employment goal, as well as the traditional profit and consumer surplus...