Showing 1 - 10 of 202
discretionary efforts are more likely to arise when competition within a sector is high. Competition mitigates incentives for free … non-monotonic relationship between competition and job security, and predicts patterns for a number of other variables …
Persistent link: https://www.econbiz.de/10004973968
Contractual execution generates hard information, available to the contracting parties, even when contracts are secretly executed. Building on this simple observation, the paper shows that incomplete contracts can be preferred to complete contracts. This is because (i) execution of incomplete...
Persistent link: https://www.econbiz.de/10004976792
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital...
Persistent link: https://www.econbiz.de/10005123532
A methodology is presented allowing manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market to be introduced. This contribution allows price-cost margins to be recovered from estimates of demand parameters both under linear pricing models...
Persistent link: https://www.econbiz.de/10005123651
the quasi-rent - a firm-level variable - and seniority - a person-level variable directly affected by import competition …
Persistent link: https://www.econbiz.de/10005123663
This paper experimentally studies the effects of competition in an environment where people's actions can not be … contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency … nor does it yield any gains in earnings for the short side of the exchange relation. Moreover, competition has a clearly …
Persistent link: https://www.econbiz.de/10005123778
collusive behaviours in favour of Stackelberg competition with the incumbent as the leader. A preliminary comparison with the UK … results, we argue that the difference can be explained by more competition between firms in the French case. …
Persistent link: https://www.econbiz.de/10005123972
and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated …
Persistent link: https://www.econbiz.de/10005124135
We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...
Persistent link: https://www.econbiz.de/10005124258
In this paper we re-examine empirically the Structure-Conduct-Performance relationship between concentration and profitability using new data on Russia that allow us to overcome the endogeneity problem of market structure and expand on the traditional analysis in several ways. The analysis...
Persistent link: https://www.econbiz.de/10005124424