{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,21]],"date-time":"2025-10-21T03:22:38Z","timestamp":1761016958477},"reference-count":18,"publisher":"World Scientific Pub Co Pte Ltd","issue":"03","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Int. Game Theory Rev."],"published-print":{"date-parts":[[2011,9]]},"abstract":"<jats:p>We analyze strategic delegation in a Stackelberg model with an arbitrary number, n, of firms. We show that n-1 firms delegate their production decisions and only one firm (the one whose manager is the first mover) does not. The later a manager commits to a quantity, the higher his incentive rate. Letting [Formula: see text] denote the equilibrium payoff of the firm whose manager commits in the ith stage, we show that [Formula: see text]. We also compare the delegation outcome of our game with that of a corresponding Cournot oligopoly and show that managers who commit late (early) are given higher (lower) incentive rates than managers in the Cournot market.<\/jats:p>","DOI":"10.1142\/s0219198911003039","type":"journal-article","created":{"date-parts":[[2012,6,13]],"date-time":"2012-06-13T05:07:14Z","timestamp":1339564034000},"page":"341-352","source":"Crossref","is-referenced-by-count":3,"title":["STRATEGIC DELEGATION IN A STACKELBERG GAME WITH MULTIPLE STAGES"],"prefix":"10.1142","volume":"13","author":[{"given":"PARASKEVAS V.","family":"LEKEAS","sequence":"first","affiliation":[{"name":"Department of Applied Mathematics, University of Crete, Heraklion, Crete 71409, Greece"}]},{"given":"GIORGOS","family":"STAMATOPOULOS","sequence":"additional","affiliation":[{"name":"Department of Economics, University of Crete, 74100 Rethymno, Crete, Greece"}]}],"member":"219","published-online":{"date-parts":[[2012,6,12]]},"reference":[{"key":"rf1","doi-asserted-by":"publisher","DOI":"10.1016\/0167-7187(92)90052-Z"},{"key":"rf2","doi-asserted-by":"publisher","DOI":"10.1016\/S0899-8256(05)80001-6"},{"key":"rf3","doi-asserted-by":"publisher","DOI":"10.1016\/0165-1765(86)90215-6"},{"key":"rf4","first-page":"927","volume":"77","author":"Fershtman C.","journal-title":"Am. Econ. Rev."},{"key":"rf5","doi-asserted-by":"publisher","DOI":"10.2307\/2527214"},{"key":"rf6","doi-asserted-by":"publisher","DOI":"10.2307\/2526710"},{"key":"rf7","doi-asserted-by":"publisher","DOI":"10.2307\/2297517"},{"key":"rf8","doi-asserted-by":"publisher","DOI":"10.1006\/game.1997.0602"},{"key":"rf9","doi-asserted-by":"publisher","DOI":"10.2307\/2601049"},{"key":"rf10","doi-asserted-by":"publisher","DOI":"10.1007\/s00712-008-0004-4"},{"key":"rf11","doi-asserted-by":"publisher","DOI":"10.1002\/mde.1226"},{"key":"rf12","doi-asserted-by":"publisher","DOI":"10.2307\/2556065"},{"key":"rf13","doi-asserted-by":"publisher","DOI":"10.1111\/1467-8586.00123"},{"key":"rf14","doi-asserted-by":"crossref","first-page":"27","DOI":"10.1111\/j.1467-999X.2007.00287.x","volume":"59","author":"Scalera D.","journal-title":"Metroeconomica"},{"key":"rf15","doi-asserted-by":"publisher","DOI":"10.2307\/2555609"},{"key":"rf16","doi-asserted-by":"publisher","DOI":"10.1006\/game.1997.0524"},{"key":"rf17","doi-asserted-by":"publisher","DOI":"10.1016\/j.geb.2003.07.003"},{"key":"rf18","doi-asserted-by":"publisher","DOI":"10.2307\/2232877"}],"container-title":["International Game Theory Review"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.worldscientific.com\/doi\/pdf\/10.1142\/S0219198911003039","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2024,4,25]],"date-time":"2024-04-25T09:16:56Z","timestamp":1714036616000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.worldscientific.com\/doi\/abs\/10.1142\/S0219198911003039"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2011,9]]},"references-count":18,"journal-issue":{"issue":"03","published-online":{"date-parts":[[2012,6,12]]},"published-print":{"date-parts":[[2011,9]]}},"alternative-id":["10.1142\/S0219198911003039"],"URL":"https:\/\/doi.org\/10.1142\/s0219198911003039","relation":{},"ISSN":["0219-1989","1793-6675"],"issn-type":[{"value":"0219-1989","type":"print"},{"value":"1793-6675","type":"electronic"}],"subject":[],"published":{"date-parts":[[2011,9]]}}}