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We consider a mixed oligopoly with a public firm that maximizes the sum of its own profits and consumers' surplus. We characterize the unique pure strategy equilibrium and show that as long as the cost function is not ``too concave'', privatization reduces welfare. We find that while the first...
Persistent link: https://www.econbiz.de/10005621482
This paper examines coalition-proof Nash equilibria (CPNE) of a mixed duopoly with price competition where the public firm meets all the demand coming to it. If the private firm is free to supply less than demand, then the unique CPNE involves the competitive price. If however the private firm...
Persistent link: https://www.econbiz.de/10005103381
In managing their value network, firms have to balance current and future value concerns and own and network partners' concerns. Firms generate immediate value through manufacturing and selling the current generation of products together with other firms in their production network. Firms...
Persistent link: https://www.econbiz.de/10011110033
E-commerce systems became a standard interface between sellers (or suppliers) and customers. One of basic condition of an e-commerce system to be efficient is correct definitions and describes of the all internal and external processes. All is targeted the customers´ needs and requirements. The...
Persistent link: https://www.econbiz.de/10008587469
A central factor which characterizes design-related innovative activities is that a major source of knowledge – that is designers – is very often located outside the firm. This raises a central management issue for the firm and unavoidably generates a tension between designer consultants and...
Persistent link: https://www.econbiz.de/10008552811
Purpose – The purpose of this paper is to examine the historical trajectory of African management research and managerial thinking. Design/methodology/approach – This paper draws from a review and synthesis of the literature from 1960–2012. Findings – The analysis led to the...
Persistent link: https://www.econbiz.de/10011253058
The current world affairs, competitive strength of the firm result from creation or identification of a management system suitable for carrying out raised performance. By design, formation and manifestation, performance management is constitute like an essential set and completely theoretic, put...
Persistent link: https://www.econbiz.de/10008549628
Companies and capitals may face different variants of European markets, being necessary to classify these markets by establishing their importance within the whole strategy of the company. Another goal is the wish to cover as many of these markets as possible under maximum efficiency conditions...
Persistent link: https://www.econbiz.de/10005619480
Contingency theory points out the adaptive management is crucial point to sustainable firm performance. This research aims to determine the relative importance of a set of variables comprising the four entrepreneurial management variables, i.e. strategic orientation, organization culture,...
Persistent link: https://www.econbiz.de/10011206886
Purpose: Human resource management practices are essential for managers to be followed that need to be implemented and new processes that continuously be practised by different level of employees. The objective of this study is to examine the association between the employee retention, and...
Persistent link: https://www.econbiz.de/10011108976