A note on bargaining power and managerial delegation in multimarket oligopolies

A. Ciarreta thanks the Spanish Ministry of Economy and Competitiveness (ECO2012-35820) and the Basque Government (DEUI, IT-313-07) for their financial support. J. Garcia acknowledges funding from project ECO2010-15332 of the Spanish Ministry of Science and Innovation and from the ERDF. Carlos Gutierrez-Hita acknowledges support from the Spanish Ministry of Science and Technology (through research project MTM2011-23205), and the Basque Government (through research project IT-313-07).