• Successive duopoly under moral hazard: Will incentive contracts persist? 

      Fernández Olmos, Marta; Rosell Martínez, Jorge; Espitia Escuer, Manuel Antonio; Marín Vinuesa, Luz María (School of Industrial and Aeronautic Engineering of Terrassa (ETSEIAT). Universitat Politècnica de Catalunya (UPC), 2009-06)
      Article
      Accés obert
      The central purpose of this paper is to examine the incentive contract as an equilibrium phenomenon. We analyse a model of vertical differentiation in which we deal with the strategic role of the competitor’s decisions ...