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post. We show that this is achieved by bilateral negotiations but not by auctions. Negotiations strictly outperforms … if the buyer’s bargaining position is sufficiently strong. Moreover, we show that negotiations provide stronger … use of negotiations as a procurement mechanism in private industry. …
Persistent link: https://www.econbiz.de/10011210403
and in actual policymaking, is to link negotiations on climate change control with decisions concerning international R …
Persistent link: https://www.econbiz.de/10005406394
According to the Framework Convention on Climate Change, global collective action is needed to stabilize “greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system.” The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010734324
Previous research shows that collective action to avoid a catastrophic threshold, such as a climate “tipping point,” is unaffected by uncertainty about the impact of crossing the threshold but that collective action collapses if the location of the threshold is uncertain. Theory suggests...
Persistent link: https://www.econbiz.de/10010743452
We compare two commonly used mechanisms in procurement: auctions and negotiations. The execution of the procurement …
Persistent link: https://www.econbiz.de/10010599726
firms in China. Using a unique and detailed dataset on manufacturing firms in China, we are able to follow the changes in … location patterns of firms between 2002 and 2008. Our analysis shows that firms in China are more localized than in the UK or … state-owned firms. Our findings are consistent with the notion that China is increasingly liberalizing its economy, enabling …
Persistent link: https://www.econbiz.de/10010877721
This paper investigates the time-varying impact of oil price uncertainty on stock prices in China using weekly data on …
Persistent link: https://www.econbiz.de/10010877768
euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the …
Persistent link: https://www.econbiz.de/10010877786
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … China, furthermore, appears to be close to the level associated with optimal speed of transition. …
Persistent link: https://www.econbiz.de/10010877790
China has been provoked into speeding renmnibi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People’s Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China’s international competitiveness. …
Persistent link: https://www.econbiz.de/10010877868