Showing 1 - 10 of 49
We investigate the determinants of decentralization and performance measurement choices in multidivisional firms.We extend the research on the economics of organizational design choices by examining the impact of two important determinants of those choices, namely, subunit interdependencies and...
Persistent link: https://www.econbiz.de/10011092876
Auctions are an important link in supply chains.This paper presents an empirical investigation of a single-shot simultaneous or sealed-bid auction.This case study concerns the mussel trade in Yerseke, the Netherlands.It surprisingly demonstrates that companies buying large quantities of mussels...
Persistent link: https://www.econbiz.de/10011092927
We show that the improved effort of employees associated with incentive contracts depends on the properties of the performance measures used in the contract.We also find that the power of incentives in the contract is only indirectly related to any improved employee effort.High powered incentive...
Persistent link: https://www.econbiz.de/10011091091
This paper provides a survey of simulation in supply chain management.It reviews four types of simulation, namely spreadsheet simulation, system dynamics, discreteevent simulation, and business games.Which simulation type should be applied, depends on the type of managerial question to be...
Persistent link: https://www.econbiz.de/10011091311
Hedge funds databases are typicall subject to high attrition rates because of fund termination and self-selection.Even when all funds are included up to their last available return, one cannot prevent that ex post conditioning biases affect standard estimates of performance persistence.In this...
Persistent link: https://www.econbiz.de/10011092451
exhibit different prescribing behavior (volume and value of prescriptions) when confronted with more competition. As there is … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients … the level of competition. The level of competition is measured by GP density, after controlling for the number of GPs and …
Persistent link: https://www.econbiz.de/10011144447
We examine the firm-level and country-level determinants of the currency denomination of small business loans. We introduce an information asymmetry between banks and firms in a model that also features the trade-off between the cost of debt and firm-level distress costs. Banks in our model...
Persistent link: https://www.econbiz.de/10011092691
Persistent link: https://www.econbiz.de/10011092787
We analyze a dynamic model of strategic interaction between a professional sport league that organizes a tournament, the teams competing to win it, and the broadcasters paying for the rights to televise it.Teams and broadcasters maximize expected profits, while the league's objective may be...
Persistent link: https://www.econbiz.de/10011092806
We analyze the distribution of broadcasting revenues by sports leagues.In the context of an isolated league, we show that when the teams engage in competitive bidding to attract talent, the league's optimal choice is full revenue sharing (resulting in full competitive balance) even if the...
Persistent link: https://www.econbiz.de/10011092815