We study the effects over the coordination between firms of the choice of another objectivefunction for the firm: the profit rate maximization which seems to be closer to business practice than the classical pure profit maximization. After recalling the effect of the new objective function over the optimum (the optimal production is lower), two cases are considered : perfect competition (the price signal disappear), and duopoly-oligopoly (the functions of reactions may vanish). (FR) Nous étudions les effets sur la coordination inter-firmes du choix d'une autre fonction objectif pour la firme: la maximisation du taux de profit qui semble être plus proche de la pratique des affaires que la classique maximisation du profit pur. Après avoir rap...
On the traditional microeconomic theory, firms are supposed to maximise theaggregate pure profit. We...
Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives ...
Neoclassical economics has two theories of competition between profit-maximizing firms—Marshallian a...
We study the effects over the coordination between firms of the choice of another objectivefunction ...
We study the effects over the coordination between firms of the choice of another objectivefunction ...
(EN) We study the effects over the coordination between firms of the choice of another objective fun...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
This paper presents an n-firm Cournot oligopoly model in which each firm’s objective is to maximize ...
This paper examines optimal incentive schemes for managers, in a Cournot duopoly framework. Under sy...
This paper examines optimal incentive schemes for managers, in a Cournot duopoly framework. Under sy...
On the traditional microeconomic theory, firms are supposed to maximise theaggregate pure profit. We...
On the traditional microeconomic theory, firms are supposed to maximise theaggregate pure profit. We...
Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives ...
Neoclassical economics has two theories of competition between profit-maximizing firms—Marshallian a...
We study the effects over the coordination between firms of the choice of another objectivefunction ...
We study the effects over the coordination between firms of the choice of another objectivefunction ...
(EN) We study the effects over the coordination between firms of the choice of another objective fun...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
We study the impact on industrial organization of the switching of objective function, from pure pro...
This paper presents an n-firm Cournot oligopoly model in which each firm’s objective is to maximize ...
This paper examines optimal incentive schemes for managers, in a Cournot duopoly framework. Under sy...
This paper examines optimal incentive schemes for managers, in a Cournot duopoly framework. Under sy...
On the traditional microeconomic theory, firms are supposed to maximise theaggregate pure profit. We...
On the traditional microeconomic theory, firms are supposed to maximise theaggregate pure profit. We...
Competition among profit-seeking firms in an oligopolistic industry inherently generates incentives ...
Neoclassical economics has two theories of competition between profit-maximizing firms—Marshallian a...