Strategic Commitment and International Mixed Competition with Domestic State-owned and Foreign Labor-managed Firms
Bibliographic Data
| ID | 24051985 |
|---|---|
| Authors | Kazuhiro Ohnishi (0000-0002-2225-7777, corresponding author) |
| Year | 2008 |
| Volume | 64 |
| Issue | 4 |
| Pages | 458-472 |
| Publication date | 2008-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | FinanzArchiv (JOURNAL) |
| Journal identifiers | ISSN: 0015-2218 • E-ISSN: 1614-0974 |
| Publisher | Mohr Siebeck (PUBLISHER) |
| DOI | 10.1628/001522108x397679 |
| OpenAlex | W1981766131 |
| Language | EN |
| References cited | 6 |
This paper examines an international mixed model in which a domestic state-owned welfare-maximizing public firm competes against a foreign labor-managed income-per-worker-maximizing private firm. In the first stage, each firm independently decides whether or not to make a commitment to capacity. This capacity may subsequently be increased, but cannot be reduced. Hence, the firm's capacity cost is sunk and changes from a variable cost to a fixed cost. In the second stage, each firm independently chooses its actual output. The paper shows the equilibrium of the international mixed model.
Business · Competition (biology) · Economics · Industrial organization · International economics · International trade · Labour economics · Market economy · State (computer science) · Corporate Finance and Governance · Corporate Taxation and Avoidance · Merger and Competition Analysis
| Highly cited | No |
|---|