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A Comparison of Tournaments and Contracts
Green, Jerry R. - 1982
Tournaments, reward structures based on rank order, are compared with individual contracts in a model with one risk-neutral principal and many risk-averse agents. Each agents' output is a stochastic function of his effort level plus an additive shock term that is common to all the agents. The...
Persistent link: https://www.econbiz.de/10012478271
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How Does State-Level Carbon Pricing in the United States Affect Industrial Competitiveness?
Casey, Brendan J. - 2020
in the United States, we specify a flexible model to capture competition between a plant in a state with carbon pricing …
Persistent link: https://www.econbiz.de/10012479153
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Is the U.S. Losing Its Preeminence in Higher Education?
Adams, James D. - 2009
The expansion of U.S. universities after World War II gained from the arrival of immigrant scientists and graduate students, the broadening of access to universities, and the development of military research and high technology industry. Since the 1980s, however, growth of scientific research in...
Persistent link: https://www.econbiz.de/10012463416
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Government Sponsored versus Private Venture Capital : Canadian Evidence
Brander, James A. - 2008
public policy objectives, including value-creation, innovation, and competition. A number of novel data-collection methods …
Persistent link: https://www.econbiz.de/10012464618
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Product Variety and Demand Uncertainty
Carlton, Dennis W. - 2004
We show that demand uncertainty leads to vertical product differentiation even when consumers are homogeneous. When a firm anticipates that its inventory or capacity may not be fully utilized, product variety can reduce its expected costs of excess capacity. When the firm offers a continuum of...
Persistent link: https://www.econbiz.de/10012468099
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The Effects of Government-Sponsored Venture Capital : International Evidence
Brander, James A. - 2010
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10012462136
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Are Chinese Markets for Manufactured Products More Competitive than in the US? : A Comparison of China -US Industrial Concentration Ratios
Wang, Jun - 2014
We present estimates of 4 and 8 firm concentration ratios by industry and in weighted aggregate form for the manufacturing sector for Chinese enterprises for 2002 and 2007. These are then compared to available estimates for the same years and industrial classification for the US. These...
Persistent link: https://www.econbiz.de/10012458765
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Political Determinants of Competition in the Mobile Telecommunication Industry
Faccio, Mara - 2017
We study how political factors shape competition in the mobile telecommunication sector. We show that the way a … government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation … competition. Government intervention has large redistributive effects: U.S. consumers would gain $65bn a year if U.S. mobile …
Persistent link: https://www.econbiz.de/10012455639
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Work Environment and Individual Background : Explaining Regional Shirking Differentials in a Large Italian Firm
Ichino, Andrea - 1999
The prevalence of shirking within a large Italian bank appears to be characterized by significant regional …
Persistent link: https://www.econbiz.de/10012471366
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A Comparison of the Stability and Efficiency of the Canadian and American Banking Systems 1870-1925
Bordo, Michael D. - 1996
incomplete regional diversification, and hence subject to a significant risk of an occasional failure by a large bank, to one …
Persistent link: https://www.econbiz.de/10012473021