Showing 1 - 10 of 15
Le but de cette communication est de proposer deux facteurs expliquant la pérennité de l’Église catholique en tant qu’organisation. Du côté de la demande, nous défendons l’idée selon laquelle le catholicisme occupe un positionnement central dans l’espace des attentes des croyants....
Persistent link: https://www.econbiz.de/10009294032
This paper explores the idea to regulate retailing industry through a tax on the store parking size. In Western economies, retailers use common resources (land use, road networks) contributing to the store accessibility that they do not pay for. This kind of free riding gives gross merchandisers...
Persistent link: https://www.econbiz.de/10009294280
This paper deals with corporate governance issues and competition policy. The impact of private benefits extraction on the values of oligopolistic firms is analyzed. Private benefits are assumed to generate costs which create price distortion on the product market. For a wide range of industry...
Persistent link: https://www.econbiz.de/10008694044
We develop a game-theoretic model of doping which focuses on the economic aspects of competitive sports. According to the model, incentives for athletes to use doping increase when (i) the efficiency of the drug test system is low, (ii) the number of competitions during one season is high, (iii)...
Persistent link: https://www.econbiz.de/10009493535
Cet article étudie l'impact de bénéfices privés sur la stratégie d'investissement et de financement d'une entreprise en situation de monopole. A l'origine actionnaire à 100%, son dirigeant doit décider la part du capital qu'il cède à un investisseur extérieur et/ou l'emprunt qu'il...
Persistent link: https://www.econbiz.de/10010607156
Persistent link: https://www.econbiz.de/10008804379
Persistent link: https://www.econbiz.de/10008541280
Managerial opportunism is commonly considered as destructive for the parties involved in an agency relationship. Using a close formulation to Jensen and Meckling’s equity model, we consider an agency relationship between a manager and an investor. The latter is assumed to benefit from a market...
Persistent link: https://www.econbiz.de/10008458413
Most companies prefer to use absorption costing rule rather than marginal cost pricing. This article is aimed at defining the absorption costing rule as deriving from a principal-agent formulation of two tier organizations : (i) the upstream unit fixes the production capacity and uses it as a...
Persistent link: https://www.econbiz.de/10005509727
Competitive aggressiveness is analyzed in a simple spatial oligopolistic competition model, where each one of two firms supplies two connected market segments, one captive the other contested. To begin with, firms are simply assumed to maximize profit subject to two constraints, one related to...
Persistent link: https://www.econbiz.de/10005727886