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Lifetime Employment and Mixed Cournot Duopoly with State-Owned and Joint-Stock Firms

Year: 2025

Type: article

Abstract: This paper examines a mixed duopoly model in which a state-owned firm competes with a joint-stock firm. The following two stages are considered. In the first stage, each firm can simultaneously and independently decide whether or not to offer lifetime employment as a strategic commitment. In the second stage, each firm simultaneously and independently chooses its actual output. The paper shows that there are two equilibrium solutions in the model.

Source: International Journal of Management, Accounting and Economics

DOI: 10.5281/zenodo.17540617

Author: Ohnishi, Kazuhiro

Language: English

Topic: Merger and Competition Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W7104283729

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