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Persistent link: https://www.econbiz.de/10005780369
This paper discusses how ICT and emerging electronic commerce in consumer products influence the relative efficiency in production of households and firms, resulting in changes in the division of tasks between these two types of agents. Increased information and competence of households, in...
Persistent link: https://www.econbiz.de/10005082491
the population; they are less risk and ambiguity averse, more aware of opportunity costs, exhibit greater tolerance of … greed and are less behaviorally inhibited. With the notable exception of risk aversion the self-employed do not differ …
Persistent link: https://www.econbiz.de/10010729197
This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm's boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of...
Persistent link: https://www.econbiz.de/10005190627
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