Showing 1 - 10 of 53
We analyze a model of lobbying by oligopolists who allocate resources between lobbying and internal cost-reducing activities. We ask the following questions: (i) if firms differ with respect to comparative advantage in lobbying, what is the equilibrium allocation of resources between lobbying...
Persistent link: https://www.econbiz.de/10005101083
outsourcing. We demonstrate that the hold-up friction under generic outsourcing increases with a firm's productivity. This implies … that: (i) high productivity firms choose ideal outsourcing to the South, (ii) medium productivity firms choose generic … outsourcing to the South, (iii) low productivity firms choose generic outsourcing to the North. Cet article étudie le rôle de la …
Persistent link: https://www.econbiz.de/10005100658
We show that the growth of the service sector facilitates outsourcing, or fragmentation of production. Services link …
Persistent link: https://www.econbiz.de/10005100860
We study the interactions between the capital structure and the technological flexibility choices of firms in a duopoly. When there are bankruptcy costs, a leveraged firm may modify its strategic choices in order to decrease its probability of bankruptcy. We show that, when the capacity level of...
Persistent link: https://www.econbiz.de/10005100547
A model of location choice by Cournot oligopolists is presented, under the assumption that R&D spillovers depend on the distance between firms. We show that a variety of patterns emerge. Agglomeration is optimal under certain assumptions. Geographical dispersion in a two-dimensional plane is...
Persistent link: https://www.econbiz.de/10005100573
applications of the model are analyzed. We show that often the optimal allocation of resources within a Cournot oligopoly can be …
Persistent link: https://www.econbiz.de/10005100697
transboundary pollution, (iii) correction for restrictive oligopoly output, and (iv) correction for domestic coordination of outputs …
Persistent link: https://www.econbiz.de/10005100900
This paper reports on an experimental study of the influence of asymmetric information and information spillovers on bargaining outcomes. It develops and tests Kuhn and Gu (1999) s model of learning in sequential wage negotiations, by means of two Ultimatum Bargaining Games with uncertainty on...
Persistent link: https://www.econbiz.de/10005169010
This paper examines the role of contracting institutions on a multinational firm's optimal ownership strategy. We develop a model in which both a multinational firm and its local joint venture partner can ex post engage in costly rent-seeking actions to increase their ex ante agreed upon revenue...
Persistent link: https://www.econbiz.de/10011183742
Corporate reputation is more and more the most valuable asset for a firm. In this day and age, corporate reputation, although an intangible asset, is and will grow as the most essential asset to publicize and also protect. Social media are a formidable tool to publicize a firm's brand and...
Persistent link: https://www.econbiz.de/10011183745