ENDOGENOUS FIRM EFFICIENCY IN A COURNOT PRINCIPAL-AGENT MODEL

被引:91
作者
MARTIN, S
机构
[1] European University Institute, Florence
关键词
D O I
10.1006/jeth.1993.1028
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a market of Cournot firms managed by agents, the degree of firm efficiency is inversely related o the number of firms in the market. Journal of Economic Literature Classification Numbers: L22, D23, D43. © 1993 Academic Press, Inc.
引用
收藏
页码:445 / 450
页数:6
相关论文
共 7 条
[1]   REGULATING A MONOPOLIST WITH UNKNOWN COSTS [J].
BARON, DP ;
MYERSON, RB .
ECONOMETRICA, 1982, 50 (04) :911-930
[2]   IMPLEMENTATION OF SOCIAL CHOICE RULES - SOME GENERAL RESULTS ON INCENTIVE COMPATIBILITY [J].
DASGUPTA, P ;
HAMMOND, P ;
MASKIN, E .
REVIEW OF ECONOMIC STUDIES, 1979, 46 (02) :185-216
[3]   THE MARKET MECHANISM AS AN INCENTIVE SCHEME [J].
HART, OD .
BELL JOURNAL OF ECONOMICS, 1983, 14 (02) :366-382
[4]  
LEIBENSTEIN H, 1966, AM ECON REV, V56, P392
[5]   PRODUCT-MARKET COMPETITION AND MANAGERIAL SLACK [J].
SCHARFSTEIN, D .
RAND JOURNAL OF ECONOMICS, 1988, 19 (01) :147-155
[6]   HIERARCHICAL CONTROL AND OPTIMUM FIRM SIZE [J].
WILLIAMSON, OE .
JOURNAL OF POLITICAL ECONOMY, 1967, 75 (02) :123-138
[7]  
WILLIG RD, 1987, EC POLICY THEORY PRA, P481