Strategic delegation is a widespread phenomenon in economic and
social systems. In many situations the main interested party
benefits from appointing a delegate to take action that the
principal - were he playing - could not credibly take. This book
contributes to the literature studying such a phenomenon, by
extending the analysis of its implications for firms' strategy in
product markets, by investigating how it may affect the trade
union's activity, by studying its dynamic influence on the
evolution of strategic interactions that the delegating party is
involved in. The welfare effects of strategic delegation turn out
to be uncertain and crucially depend on the features of the
situation considered, both in static and in dynamic frameworks.
General
Imprint: |
Physica-Verlag
|
Country of origin: |
Germany |
Series: |
Contributions to Economics |
Release date: |
March 2003 |
First published: |
2003 |
Authors: |
Guido S. Merzoni
|
Dimensions: |
235 x 155 x 8mm (L x W x T) |
Format: |
Paperback
|
Pages: |
142 |
Edition: |
Softcover reprint of the original 1st ed. 2003 |
ISBN-13: |
978-3-7908-1432-3 |
Categories: |
Books >
Business & Economics >
Economics >
Microeconomics >
General
|
LSN: |
3-7908-1432-6 |
Barcode: |
9783790814323 |
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