Shen, Yue; Xu, Youjun; Hao, Jingming - In: Frontiers of Economics in China 6 (2011) 2, pp. 311-326
This paper develops a two stage game model with two competing firms in a mixed oligopolistic market, a public firm and a private firm, and only the public firm giving its manager an incentive contract. The paper presents three types of public firm owner¡¯s objective function and each objective...