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Risk and the CEO Market : Why Do Some Large Firms Hire Highly-Paid, Low-Talent CEOS?
Edmans, Alex - 2010
This paper presents a market equilibrium model of CEO assignment, pay and incentives under risk aversion and heterogeneous moral hazard. Each of the three outcomes can be summarized by a single closed-form equation. In assignment models without moral hazard, allocation depends only on firm size...
Persistent link: https://www.econbiz.de/10013143463
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Taxation and welfare in an oligopoly with strategic commitment
Besley, Timothy - In: International economic review 33 (1992) 2, pp. 413-431
Persistent link: https://www.econbiz.de/10001123916
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Social welfare in a common property oligopoly
Karp, Larry S. - In: International economic review 33 (1992) 2, pp. 353-372
Persistent link: https://www.econbiz.de/10001123919
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Endogenous coalition formation in cooperative oligopolies
Rajan, Roby - In: International economic review 30 (1989) 4, pp. 863-876
Persistent link: https://www.econbiz.de/10001080139
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The determination of price and output quotas in a heterogeneous cartel
Harrington, Joseph Emmett - In: International economic review 32 (1991) 4, pp. 767-792
Persistent link: https://www.econbiz.de/10001114752
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Does economic integration cause foreign direct investment?
Motta, Massimo - In: International economic review 37 (1996) 4, pp. 757-783
Persistent link: https://www.econbiz.de/10001209899
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Strategic trade policy under uncertainty : sufficient conditions for the optimality of ad valorem, specific and quadratic trade taxes
Grant, Simon - In: International economic review 38 (1997) 1, pp. 187-203
Persistent link: https://www.econbiz.de/10001215673
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Tournament incentives and IPO failure risk
Colak, Gonul; Gounopoulos, Dimitrios; Loukopoulos, … - In: Journal of banking & finance 130 (2021), pp. 1-21
Persistent link: https://www.econbiz.de/10013164862
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Capacity investment, preemption and commitment in an infinite horizon model
Reynolds, Stanley S. - In: International economic review 28 (1987) 1, pp. 69-88
Persistent link: https://www.econbiz.de/10001018889
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Collusion in multiproduct oligopoly games under a finite horizon
Harrington, Joseph Emmett - In: International economic review 28 (1987) 1, pp. 1-14
Persistent link: https://www.econbiz.de/10001018924