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학술저널

Incentive Delegation and Collusion

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In an infinitely repeated duopoly we show the implications of strategic incentive delegation. Whether incentive delegation makes consumers or producers better-off depends on the nature of competition. We explain that the presence or absence of incentive delegation may affect the interests of the consumers and the producers in a similar way.

Abstract

Ⅰ. Introduction

Ⅱ. Model

Ⅲ. Technology Choice

Ⅳ. Conclusion

References

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