The aim of this paper is to reconsider the link between integration and disintegration. We argue that the conception of … disintegration must be differentiated by the tools they give to the firm to effectively govern productive assets. …

The aim of this paper is to reconsider the link between vertical integration and disintegration which are traditionally … opposed in the literature. The conception of integration and disintegration closely depends on the way we define the firm and … of the firm involves a redefinition of the link between integration and disintegration. We advance that it can not be …

We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

also show that the equivalence between Bayesian and dominant strategy implementation generally breaks down when the main … assumptions underlying the social choice model are relaxed, or when the equivalence concept is strengthened to apply to interim …

This article studies the equivalence between labor and consumption taxes in a stochastic context, where the government …

obtain a general equivalence result for settings with only two social alternatives. Our negative result does not … mathematically contradict the Manelli and Vincent (2010) equivalence obtained in a one-object auction setting, but it shows that BIC …-DIC equivalence is only valid in restrictive environments. Our insights are based on mathematical results about the existence of …