dc.contributor.author
De Chiara, Alessandro
dc.contributor.author
Manna, Ester
dc.date.issued
2022-04-21T11:04:52Z
dc.date.issued
2022-04-21T11:04:52Z
dc.date.issued
2022-04-21T11:04:52Z
dc.identifier
https://hdl.handle.net/2445/185075
dc.description.abstract
The paper considers profit-maximizing (or private) firms and socially-concerned (or public) firms that compete against each other on both prices and quality. In this setting, we study how product market competition affects firms' decision to hire altruistic or selfish employees. We show that public firms will always hire altruistic employees, whereas private firms will hire selfish employees only if (i) products are sufficiently differentiated and (ii) they compete against public firms. Lastly, we determine which market configuration is associated with the highest quality and the overall customers' utility. We find that mixed duopoly is more likely to be preferred when product market competition is tougher.
dc.format
application/pdf
dc.publisher
Elsevier B.V.
dc.relation
Reproducció del document publicat a: https://doi.org/10.1016/j.econmod.2022.105774
dc.relation
Economic Modelling, 2022, vol. 109, num. 105774, p. 1-16
dc.relation
https://doi.org/10.1016/j.econmod.2022.105774
dc.rights
cc-by-nc-nd (c) Elsevier B.V., 2022
dc.rights
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights
info:eu-repo/semantics/openAccess
dc.source
Articles publicats en revistes (Economia)
dc.subject
Motivació del personal
dc.subject
Presa de decisions
dc.subject
Competència econòmica
dc.subject
Employee motivation
dc.subject
Decision making
dc.title
Firms' ownership, employees' altruism, and competition
dc.type
info:eu-repo/semantics/article
dc.type
info:eu-repo/semantics/acceptedVersion
