@article{oai:kitakyu.repo.nii.ac.jp:00000679, author = {魏, 芳}, issue = {1・2・3・4合併号}, journal = {北九州市立大学商経論集}, month = {Mar}, note = {This note examines the implications of the separation of ownership and management based on a reciprocal markets model. We consider horizontal product differentiation in an international duopoly with symmetric cost functions. We find that in the presence of managerial delegation, both countries’ governments have a weaker incentive to tax foreign imports and the price dumping margins become smaller.}, pages = {19--28}, title = {Strategic Managerial Delegation in a Reciprocal Trade Industry}, volume = {54}, year = {2019} }