Detail Workers' Enterprises in Price Competition (Managerial and Decision Economics, Vol. 14, No. 5, September - October 1993) Bibliografi Author: Sertel, Murat R. Bahasa: (EN )     Penerbit: John Wiley & Sons     Tempat Terbit: New York, 10158-0012    Tahun Terbit: 1993     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: independent study 16.pdf (170.39KB; 0 download) Abstract Extending earlier equivalence results for perfect competition and for (imperfect) quantity competition, here it is shown that in price competition, too, the behavior of a workers' enterprise (defined by the coincidence of its workers with its partners) is tamed by the worker-partnership market so as to be identical with that of a twin entrepreneurial firm. Thus, not only is Bertrand-Nash equilibrium unaltered when an entrepreneurial firm is replaced by its workers' enterprise twin, but such a replacement also leaves Bertrand-von Stackelberg equilibrium intact whether we switch the leader or a follower from one form of ownership/management to the other. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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