Firms' ownership, employees' altruism, and competition

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 pu...

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Detalles Bibliográficos
Autores: De Chiara, Alessandro, Manna, Ester
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2022
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/185075
Acceso en línea:https://hdl.handle.net/2445/185075
Access Level:acceso abierto
Palabra clave:Motivació del personal
Presa de decisions
Competència econòmica
Employee motivation
Decision making
Competition
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spelling Firms' ownership, employees' altruism, and competitionDe Chiara, AlessandroManna, EsterMotivació del personalPresa de decisionsCompetència econòmicaEmployee motivationDecision makingCompetitionThe 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.Elsevier B.V.2022202220222022info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersion16 p.application/pdfhttps://hdl.handle.net/2445/185075Articles publicats en revistes (Economia)reponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)InglésReproducció del document publicat a: https://doi.org/10.1016/j.econmod.2022.105774Economic Modelling, 2022, vol. 109, num. 105774, p. 1-16https://doi.org/10.1016/j.econmod.2022.105774cc-by-nc-nd (c) Elsevier B.V., 2022http://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:recercat.cat:2445/1850752026-05-29T05:05:01Z
dc.title.none.fl_str_mv Firms' ownership, employees' altruism, and competition
title Firms' ownership, employees' altruism, and competition
spellingShingle Firms' ownership, employees' altruism, and competition
De Chiara, Alessandro
Motivació del personal
Presa de decisions
Competència econòmica
Employee motivation
Decision making
Competition
title_short Firms' ownership, employees' altruism, and competition
title_full Firms' ownership, employees' altruism, and competition
title_fullStr Firms' ownership, employees' altruism, and competition
title_full_unstemmed Firms' ownership, employees' altruism, and competition
title_sort Firms' ownership, employees' altruism, and competition
dc.creator.none.fl_str_mv De Chiara, Alessandro
Manna, Ester
author De Chiara, Alessandro
author_facet De Chiara, Alessandro
Manna, Ester
author_role author
author2 Manna, Ester
author2_role author
dc.subject.none.fl_str_mv Motivació del personal
Presa de decisions
Competència econòmica
Employee motivation
Decision making
Competition
topic Motivació del personal
Presa de decisions
Competència econòmica
Employee motivation
Decision making
Competition
description 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.
publishDate 2022
dc.date.none.fl_str_mv 2022
2022
2022
2022
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/185075
url https://hdl.handle.net/2445/185075
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a: https://doi.org/10.1016/j.econmod.2022.105774
Economic Modelling, 2022, vol. 109, num. 105774, p. 1-16
https://doi.org/10.1016/j.econmod.2022.105774
dc.rights.none.fl_str_mv cc-by-nc-nd (c) Elsevier B.V., 2022
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv cc-by-nc-nd (c) Elsevier B.V., 2022
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 16 p.
application/pdf
dc.publisher.none.fl_str_mv Elsevier B.V.
publisher.none.fl_str_mv Elsevier B.V.
dc.source.none.fl_str_mv Articles publicats en revistes (Economia)
reponame:Recercat. Dipósit de la Recerca de Catalunya
instname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
instname_str Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
reponame_str Recercat. Dipósit de la Recerca de Catalunya
collection Recercat. Dipósit de la Recerca de Catalunya
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15.811543

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