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Certification as a Viable Quality Assurance Mechanism: Theory and Suggestive Evidence
Svitkova, Katarina; Ortmann, Andreas - Center for Economic Research and Graduate Education and … - 2006
particular solution of this problem, certification, where an independent agency provides a costly signal, a certificate, to … nonprofit. The assumptions of our model are derived from stylized facts that we distilled from certification systems currently … literature on certification and provides results that are different from those reported up to now. …
Persistent link: https://www.econbiz.de/10005357507
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Prompted to Be Good: The Impact of Certification on the Quality of Charities
Svitkova, Katarina - Center for Economic Research and Graduate Education and … - 2007
In this study we model how certification affects managers’ choice of the quality of the nonprofit organizations they … charitable good, one donor, and a certification agency. We assume that the nature of the charitable good does not allow for …
Persistent link: https://www.econbiz.de/10005086643
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Prompted to Be Good : The Impact of Certification on the Quality of Charities
Svitkova, Katarina - 2008
In this study we model how certification affects managers' choice of the quality of the nonprofit organizations they … charitable good, one donor, and a certification agency. We assume that the nature of the charitable good does not allow for …
Persistent link: https://www.econbiz.de/10014219236
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Exit dynamics of start-up firms. Does profit matter?
Golombek, Rolf; Raknerud, Arvid - Statistisk Sentralbyrå, Government of Norway - 2012
While little attention has been paid to the role of profitability in the empirical literature on firm exit, we employ a detailed recently established database of Norwegian manufacturing firms to identify the extent to which profitability explains a firm's exit behavior. Some key characteristics...
Persistent link: https://www.econbiz.de/10010678284
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The Effect of Salvage Market on Strategic Technology Choice and Capacity Investment Decision of Firm under Demand Uncertainty
Kashefi, Mohammad Ali - Volkswirtschaftliche Fakultät, … - 2012
This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two firms that compete on the amount of output they produce under demand uncertainty. A game theoretic model applies such that in the first stage firms choose their production...
Persistent link: https://www.econbiz.de/10011257966
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Solving payoff sets of perfect public equilibria: an example
Du, Chuang - Volkswirtschaftliche Fakultät, … - 2012
We study an example of infinitely repeated games in which symmetric duopolistic firms produce experience goods. After consuming the products, short-run consumers only observe imperfect public information about product quality. We characterize perfect public equilibrium payoff set E(δ) of firms...
Persistent link: https://www.econbiz.de/10011260559
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Differentiable game complete analysis for tourism firm decisions
Carfì, David - Volkswirtschaftliche Fakultät, … - 2009
In this paper we apply the complete analysis of a differentiable game (recently introduced by the author) to determine possible suitable behaviors (actions) of tourism firms during strategic interactions with other tourism firms, from both non-cooperative and cooperative point of view. To...
Persistent link: https://www.econbiz.de/10008855235
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R&D Behavior and the Emergence of Fat Tailed Firm Size Distributions
Babutsidze, Zakaria - United Nations University, Maastricht Economic and … - 2009
This paper presents a simple boundedly rational model of a firm and consumer behaviour. We formulate an entry game, where every firm decides on investing in R&D for inventing a new product that will appeal to certain group of consumers. The success depends on the amount of funds available for...
Persistent link: https://www.econbiz.de/10008629997
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The impact of the termination rule on cooperation in a prisoner's dilemma experiment
Normann, Hans-Theo; Wallace, Brian - Düsseldorf Institute for Competition Economics (DICE), … - 2011
Cooperation in prisoner's dilemma games can usually be sustained only if the game has an infinite horizon. We analyze to what extent the theoretically crucial distinction of finite vs. infinite-horizon games is reflected in the outcomes of a prisoner's dilemma experiment. We compare three...
Persistent link: https://www.econbiz.de/10009021927
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Capacity Investment and Mixed Duopoly with State-Owned and Labor-Managed Firms
Ohnishi, Kazuhiro - In: Annals of Economics and Finance 10 (2009) 1, pp. 49-64
We examine the behaviors of one state-owned welfare-maximizing firm and one labor-managed income-per-worker-maximizing firm in a two-stage mixed market model with capacity investment as a strategic instrument. In the first stage, each firm independently decides whether or not to install...
Persistent link: https://www.econbiz.de/10009207395