研討日期

20221024 中午12:30~ 13:50

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

Prisoner dilemma in a vertical duopoly with managerial delegation

作者

Authors of the paper

Stefano Colombo

文獻出處

Journal, vol.(issue), pp

Managerial and Decision Economics

Volume 43, Issue 5 p. 1476-1481

主講人

林燕淑

參加人員

林燕淑、張瑞雲、彭正浩、郭文忠、鍾嘒陵、蘇家睿、許至乙、Suttiwan SuwannajoiBui Dang LongNoya Yukari SiregarLatasha Barshilia Manuel-Milan Ramsler

摘要

Abstract of the paper

We consider managerial delegation with two firms producing goods of different qualities. We show that both firms choose to delegate in equilibrium, but a prisoner dilemma is not inevitable in the case of Cournot competition. Indeed, when the quality asymmetry is sufficiently large, the profits of the high-quality firm are greater than in the case of no delegation.