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The German potable water supply industry is regarded as being highly fragmented, thus inhibiting high potentials for efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data Envelopment Analysis (DEA) to analyze the potential...
Persistent link: https://www.econbiz.de/10011083827
We generalize Krugman's (1979) 'new trade' model by allowing for an explicit production chain in which a range of tasks is performed sequentially by a number of specialized teams. We demonstrate that an increase in market size induces a deeper division of labor among these teams which leads to...
Persistent link: https://www.econbiz.de/10011083864
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative … relatively narrow definitions of increasing competition. The paper also shows that competition is more likely to increase the … investments of leaders than those of laggards. When R&D-spillovers are strong, competition is less likely to increase investments …
Persistent link: https://www.econbiz.de/10008468679
We develop a model of competition between retailer chains with a structural estimation of the demand and supply in the … can serve as a differentiation tool for the retailers in order to soften price competition. They may affect the marginal … simultaneous competition game in brand offer and price between retailers to identify marginal costs. After estimation by simulated …
Persistent link: https://www.econbiz.de/10008530346
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
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
We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher...
Persistent link: https://www.econbiz.de/10008854478
transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the …
Persistent link: https://www.econbiz.de/10011168896
tighter in booms, slack increases in booms, because the power of in-house competition is reduced, while the opposite is true …
Persistent link: https://www.econbiz.de/10005114255
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team’s performance and therefore on their colleagues’ productivity. We study...
Persistent link: https://www.econbiz.de/10011084476