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Institution-Driven Comparative Advantage, Complex Goods and Organizational Choice
Ferguson, Shon; Formai, Sara - Institutet för Näringslivsforskning (IFN) - 2011
The theory of the firm suggests that firms can respond to poor contract enforcement by vertically integrating their production process. The purpose of this paper is to examine whether firms' integration opportunities affect the way institutions determine international trade patterns. We find...
Persistent link: https://www.econbiz.de/10009251249
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Institution-Driven Comparative Advantage and Organizational Choice
Ferguson, Shon; Formai, Sara - Institutet för Näringslivsforskning (IFN) - 2012
The theory of the firm suggests that firms can respond to poor contract enforcement by vertically integrating their production process. The purpose of this paper is to examine whether firms’ integration opportunities affect the way contract enforcement institutions determine international...
Persistent link: https://www.econbiz.de/10010571366
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Outsourcing Public Services: Ownership, Competition, Quality and Contracting
Andersson, Fredrik; Jordahl, Henrik - Institutet för Näringslivsforskning (IFN) - 2011
ownership and competition appear to be about equally important for the consequences of public sector outsourcing. …
Persistent link: https://www.econbiz.de/10009147384
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Risking Other People’s Money: Experimental Evidence on Bonus Schemes, Competition, and Altruism
Andersson, Ola; Holm, Håkan J.; Tyran, Jean-Robert; … - Institutet för Näringslivsforskning (IFN) - 2013
We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or with tournament incentives. Compared to a baseline...
Persistent link: https://www.econbiz.de/10010818495
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Horizontal Mergers Without Synergies May Increase Consumer Welfare.
Stennek, J. - Institutet för Näringslivsforskning (IFN) - 2001
Markets with imperfect competition do not induce a cost-minimizing allocation of production between firms. The market …
Persistent link: https://www.econbiz.de/10005670124
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Entrepreneurial Innovations, Competition and Competition Policy
Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2006
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …
Persistent link: https://www.econbiz.de/10005419538
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Why Event Studies Do Not Detect Anti-Competitive Mergers.
Fridolfsson, S.-O.; Stennek, J. - Institutet för Näringslivsforskning (IFN) - 2000
Anticompetitive mergers increase competitors' profits, since they reduce competition. Using a model of endogenous …
Persistent link: https://www.econbiz.de/10005639320
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Private Enterprise vs. Government Control: An Organizationally Dynamic Comparison
Pelikan, Pavel - Institutet för Näringslivsforskning (IFN) - 1985
It is noted that modern economics cannot decide which economic system is the best way of organizing production. In particular, support is given to Nelson (1981) who claims that modern economics does not provide any substantial argument in favor of private enterprise being the best. However,...
Persistent link: https://www.econbiz.de/10011019059
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A Reexamination of Renewable Electricity Policy in Sweden
Fridolfsson, Sven-Olof; Tangerås, Thomas - Institutet för Näringslivsforskning (IFN) - 2012
. Municipalities veto socially desirable projects because of asymmetrically distributed investment costs and benefits. We propose …
Persistent link: https://www.econbiz.de/10010555253
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Political Preferences and Public Sector Outsourcing
Elinder, Mikael; Jordahl, Henrik - Institutet för Näringslivsforskning (IFN) - 2011
There are several theoretical accounts of public sector outsourcing. We note that leading theories give different predictions of the influence of political variables and test the predictions on a Swedish data set in which outsourcing varies between municipalities and over time as well as between...
Persistent link: https://www.econbiz.de/10009251245