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~isPartOf:"Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems"
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Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
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110th Seminar, February 18-22, 2008, Innsbruck-Igls, Austria
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Exit Options and the Allocation of Authority
Bester, Helmut
;
Krähmer, Daniel
-
Volkswirtschaftliche Fakultät, …
-
2013
novel element in the literature on
decision
rights
, we consider exit option contracts: the party without
decision
rights
is …
Persistent link: https://www.econbiz.de/10010660824
Saved in:
2
Externalities, Communication and the Allocation of
Decision
Rights
Bester, Helmut
-
Volkswirtschaftliche Fakultät, …
-
2005
organization. When only
decision
rights
can be contractually assigned to one of the organization’s stakeholders, the optimal …
Persistent link: https://www.econbiz.de/10005785804
Saved in:
3
Externalities and the Allocation of
Decision
Rights
in the Theory of the Firm
Bester, Helmut
-
Volkswirtschaftliche Fakultät, …
-
2004
decision maker’s objective. The optimal assignment of
decision
rights
minimizes the resulting inefficiencies. We illustrate …
Persistent link: https://www.econbiz.de/10005785919
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