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Identifier 000340179
Title The business economics and new TeChnology laboratory
Author Μητροκώστας, Ευάγγελος
Thesis advisor Πετράκης, Εμμανουήλ
Abstract This Master Thesis investigates the effects of the strategic use of managerial delegation, to the firms’ R&D investments and market competition in a Cournot duopoly model. In the first section there is an introduction. In section 2 there is an extended literature review on the subject. In the next section the model for a three stage duopolistic competition with R&D is being described, where it is assumed full delegation, short-run delegation or no delegation respectively. Section 4 sets out the results for Cournot quantity competition. In the following section the conditions under which delegation emerges endogenously (thus it is strictly dominant strategy for the competing firms) are investigated. The final section summarizes the results.
Language English
Issue date 2004
Collection   School/Department--School of Social Sciences--Department of Economics--Post-graduate theses
  Type of Work--Post-graduate theses
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