Information sharing in a Cournot–Bertrand duopoly
نویسندگان
چکیده
Studies on information sharing in oligopolies focus either Cournot or Bertrand markets. We consider a Cournot–Bertrand market where owners provide strategic managerial incentives and can share the details of their compensation contracts. find that firm punishes its manager for sales, whereas rewards sales. Both firms contract if firms' products are sufficiently differentiated. However, product differentiation is low, then keeps private. Mandating lead to an increase consumer social welfare but harms profits.
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ژورنال
عنوان ژورنال: Managerial and Decision Economics
سال: 2021
ISSN: ['0143-6570', '1099-1468']
DOI: https://doi.org/10.1002/mde.3348