Search Results - subject:"asset ownership"

Privatization and restructuring in concentrated markets

Norbäck, Pehr-Johan; Persson, Lars - 2004

This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....

Persistent link: https://www.econbiz.de/10011606525

Management of community-owned facilities post-acquisition

Skerratt, Sarah; Hall, Clare - In: Local Economy 26 (2011) 8, pp. 663-678

The drive within (development) policy and practice in the UK is towards ownership of local facilities by local communities, with the surrounding rhetoric focusing on community empowerment, inclusion and sustainable development. Coupled with this is a normative presumption of unproblematic...

Persistent link: https://www.econbiz.de/10009654014

Privatization and Restructuring in Concentrated Markets

Norbäck, Pehr-Johan; Persson, Lars - 2003

Persistent link: https://www.econbiz.de/10010320155

Risky Asset Ownership Decisions by the Elderly in the UK: Evidence from the Retirement Survey

Georgarakos, Dimitris - Royal Economic Society - RES - 2003

the role of the fixed participation costs and inertial behaviour in risky asset ownership decisions. …-94. We employ data from the Retirement Survey and different econometric specifications in order to model the risky asset … ownership decisions over time. The unique nature of the dataset allows us to control for a variety of factors that may be …

Persistent link: https://www.econbiz.de/10005577153

Privatization and Restructuring in Concentrated Markets

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2003

Persistent link: https://www.econbiz.de/10005645287

Diversification, Diseconomies of Scope, and Vertical Contracting: Evidence from the Taxicab Industry

Rawley, Evan; Simcoe, Timothy S. - In: Management Science 56 (2010) 9, pp. 1534-1550

This paper studies how firms reorganize following diversification, proposing that firms use outsourcing, or vertical disintegration, to manage diseconomies of scope. We also consider the origins of scope diseconomies, showing how different underlying mechanisms generate contrasting predictions...

Persistent link: https://www.econbiz.de/10009197857

Team Production, Sequential Investments and Stochastic Payoffs

Lülfesmann, Christoph - 2000

incentive contract if they are complementary. These schemes can be interpreted in terms of asset ownership: for the case of …

Persistent link: https://www.econbiz.de/10010317681

Team Production, Sequential Investments and Stochastic Payoffs

Lülfesmann, Christoph - University of Bonn, Germany - 2000

incentive contract if they are complementary. These schemes can be interpreted in terms of asset ownership: for the case of …

Persistent link: https://www.econbiz.de/10005032210

Team production, sequential investments and stochastic payoffs

Lülfesmann, Christoph - 2000

incentive contract if they are complementary. These schemes can be interpreted in terms of asset ownership: for the case of …

Persistent link: https://www.econbiz.de/10011539907

The property-rights theory of the firm with endogenous timing of asset purchase

de Meza, David; Lockwood, Ben - London School of Economics (LSE) - 1998

negotiate asset ownership. This paper endogenizes the event sequence in a matching model of market equilibrium. Equilibria exist …

Persistent link: https://www.econbiz.de/10010884491