We examine that each manufacturer decides on whether or not to delegate to its retailer in the presence of network externalities. In this paper, we show a trade-off between competition and network size. Vertical separation has the advantage of softening a retailing competition, but has the...

We investigate the differentiated duopoly and triopoly markets in which firms can choose to strategically delegate when the biased managers hold about the market demand incorrectly under Bertrand competition. Contrast to previous studies under duopoly, one firm chooses delegate, while the other...

By introducing the excess burden of taxation, we analyze endogenous choice of organizational form between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form (U-form) for the public and private firms is a...

By allowing exporters to produce under asymmetric increasing marginal costs, we investigate the impact of tariff discrimination when considering exporters' endogenous choice of competition mode. Discriminatory tariffs lead to Cournot competition, whereas uniform tariffs lead to diverse modes of...

Incorporating the extension of exclusive dealing into Cournot competition, we analyze the multiproduct downstream firms' choice of organizational form between U-form and M-form. With managerial delegation in downstream firms, we find that choosing U-form for the downstream firms is a dominant...

We analyze endogenous choice of organizational forms between U-form and M-form in the multiproduct mixed duopoly. With managerial delegation in public and private firms, we find that choosing M-form for the public and private firms is a dominant strategy under mixed duopoly in either Bertrand or...

This paper analyzes the endogenous choice of delegation with two firms producing goods of different qualities. We find that an asymmetric delegation structure emerges as the high-quality firm chooses to delegate and low-quality firm chooses non delegation contract under Cournot competition. Even...

We investigate a differentiated mixed duopoly in which private and public firms can choose to strategically set prices or quantities by facing a union bargaining process. For the case of a unionized mixed duopoly, only the public firm is able to choose a type of contract irrespective of whether...