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On the Nature of the Corrupt Firm: Where to Situate Liability?

Seubert, Raphaela - EconWPA - 2005

Applying the modern Property Rights Approach to depict employment and firm-internal delegation relationships, this paper addresses the question how to prevent corporate bribery. The analysis and the answers that follow take into account interaction effects between firm-internal delegation...

Persistent link: https://www.econbiz.de/10005561039

Innovation, Market Structure and Economic Growth

Palma, Nuno Pedro Gonçalves - EconWPA - 2004

This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market structure in different markets emerges as a consequence of...

Persistent link: https://www.econbiz.de/10005134434

Information & communication technologies - panacea for traffic congestion?

Heng, Stefan - EconWPA - 2004

As road pricing, telematics and logistics evolve, information and communication technologies (ICT) aim directly at … reasons, a much less pronounced effect on traffic than widely presumed. ICT helps in organising traffic flows more efficiently …

Persistent link: https://www.econbiz.de/10005412520

The Firms Speak: What the World Business Environment Survey Tells Us about Constraints on Private Sector Development

Batra, Geeta; Kaufmann, Daniel; Stone, Andrew H. W. - EconWPA - 2004

This paper, a synthesis of salient findings of the authors’ book entitled “Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey”, and based on a chapter in “Pathways Out of Poverty: Private Firms and Economic Mobility in Developing...

Persistent link: https://www.econbiz.de/10005077053

Spinoffs, Privatization and Corporate Performance in Emerging Markets

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - EconWPA - 2004

control for accompanying ownership changes and the fact that spinoffs and ownership are endogenous variables. We find that …-cut than suggested in earlier studies. Methodologically, our study provides evidence that it is important to control for … changes in ownership when analyzing spinoffs and generally to control for endogeneity, selection and data attrition when …

Persistent link: https://www.econbiz.de/10005077066

Optimal Monitoring with External Incentives: The Case of Tipping

Azar, Ofer H. - EconWPA - 2003

The article examines the optimal choice of monitoring intensity when workers face external incentives (incentives that are not provided by the firm), such as tips, satisfaction from working well, or the desire to build reputation in order to be more attractive to other employers. Increase in...

Persistent link: https://www.econbiz.de/10005125035

Economia sintetica

Vildosola, Luis - EconWPA - 1998

unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control …

Persistent link: https://www.econbiz.de/10005125628

Private Label Price Rigidity during Holiday Periods

Müller, Georg; Bergen, Mark; Dutta, Shantanu; Levy, Daniel - EconWPA - 2005

Using weekly retail transaction scanner price data from a large U.S supermarket chain, we find significantly higher retail price rigidity for private label products than for nationally branded products during the Christmas and Thanksgiving holiday periods relative to the rest of the year. The...

Persistent link: https://www.econbiz.de/10005126252

Optimal Divisionalization of Cable Television Networks

Leitão, João - EconWPA - 2003

In this article, a condition for the optimal division’s number is presented, for a market with two cable operators who offer a network service. First, a reason is presented to justify a partial covering of the national market from the cable operators. Second, a problem of moral hazard is...

Persistent link: https://www.econbiz.de/10005134552

Ownership, Control and Corporate Performance after Large-Scale Privatization

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - EconWPA - 2004

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large-scale privatization economy. Using specifications based on first-differences and unique instrumental variables, we find that few types of private ownership improve dynamic...

Persistent link: https://www.econbiz.de/10005135012