研討日期 |
2023年10月30日12:10~ 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 |
Firms’ strategic delegation with heterogeneous consumers |
作者 Authors of the paper |
Cong Pan, Dong Joon Lee, Kangsik Choi |
文獻出處 Journal, vol.(issue), pp |
Journal of Economics (2020) 131:199–221 https://doi.org/10.1007/s00712-020-00707-7 |
主講人 |
王羿傑副教授 |
參加人員 |
黃鴻、林燕淑、郭文忠、許至乙、施姵全、高國峯、彭正浩、周冰瑤、Suttiwan Suwannajoi、Ayu Sasni Munte、Chisomo Mkwandah、朱宣宥、葉定豊、Artah、楊雅棠 |
We revisit firms’ strategic delegation in a Cournot game. We consider a market comprising two consumer groups, with either a high or low willingness to pay. In this market, we first consider firms’ identical marginal costs and show that either/ both firms’ owners may strategically abandon the delegation option to avoid price collapse. We find three types of delegation decisions with either/both/no firm delegating in equilibrium. We further consider firms’ asymmetric marginal costs and show that the asymmetric equilibrium wherein only the less efficient firm delegates will exist in a wider parameter range, compared to that wherein only the more efficient firm delegates. Moreover, delegation may enable the less efficient firm to achieve a higher profit than her rival. |