Nakamura, Yasuhiko; Inoue, Tomohiro - In: Managerial and Decision Economics 30 (2009) 5, pp. 325-333
We introduce a managerial delegation contract into the mixed duopoly model and examine its influence on price setting in a mixed duopoly in the context of the endogenous-timing problem. We obtain the result that owners of a public and a private firm prefer to delay the setting of the prices of...