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Boswijk, H.P.; Fok, D.; Franses, P.-H. - Tinbergen Instituut - 2006

To examine cross-country diffusion of new products, marketing researchers have to rely on a multivariate product growth model. We put forward such a model, and show that it is a natural extension of the original Bass (1969) model. We contrast our model with currently in use multivariate models...

Persistent link: https://www.econbiz.de/10011257286

Transaction Management: Value Creation by Reducing Transaction Costs

Butter, Frank A.G. den - Tinbergen Instituut - 2010

This discussion paper led to a publication in (W.D. Nelson (Ed.)), <I>Advances in Business and Management</I> (pp. 1-32), New York: Nova Publishers, 2011. In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of...</i>

Persistent link: https://www.econbiz.de/10011255533

Labour Market Effects of International Fragmentation of Production; Evidence from a Survey and Case Studies in the Dutch Industry

Berghuis, Ebel; Butter, Frank A.G. den - Tinbergen Instituut - 2013

of this outsourcing of tasks is a major concern, both for the country that outsources tasks and for the country to which … tasks are outsourced. This paper discusses the labour market effects of outsourcing in the Netherlands using a survey … interviews and survey make clear that a major motive for outsourcing is to organise production in such a way that total …

Persistent link: https://www.econbiz.de/10011256612

Procurement: The Transaction Costs Perspective in a Globalising World

Butter, Frank A.G. den - Tinbergen Instituut - 2007

Fragmentation of production into more and more complex supply chains is a prominent feature of globalisation. It implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis of the various types of transaction costs is also...

Persistent link: https://www.econbiz.de/10011257331

Managing Transaction Costs in International Production; Evidence on Entrepreneurship from Case Studies in The Netherlands

Berghuis, Ebel; Butter, Frank A.G. den - Tinbergen Instituut - 2013

This era of globalisation is characterized by an ongoing international fragmentation of production where the supply chain is split up in more and more parts. The traditional Ricardian theory of trade in products governed by comparative advantages is replaced by a modern theory of trade in tasks....

Persistent link: https://www.econbiz.de/10011257525

The Effect of Noise in a Performance Measure on Work Motivation

Sloof, Randolph; Praag, C. Mirjam van - Tinbergen Instituut - 2008

This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...

Persistent link: https://www.econbiz.de/10011255986

The Degradation of Distorted Performance Measures

Sloof, Randolph; Praag, Mirjam van - Tinbergen Instituut - 2008

Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...

Persistent link: https://www.econbiz.de/10011256322

The Benefits of Being Economics Professor A (and not Z)

Praag, C. Mirjam van; Praag, Bernard M.S. van - Tinbergen Instituut - 2007

Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...

Persistent link: https://www.econbiz.de/10011256691

The Effects of Prize Spread and Noise in Elimination Tournaments: A Natural Field Experiment

Delfgaauw, Josse; Dur, Robert; Non, Arjan; Verbeke, Willem - Tinbergen Instituut - 2011

We conduct a field experiment in a large retail chain to test basic predictions of tournament theory regarding prize spread and noise. A random subset of the 208 stores participates in two-stage elimination tournaments. Tournaments differ in the distribution of prize money across winners of the...

Persistent link: https://www.econbiz.de/10011256723

Explaining Hedge Fund Investment Styles by Loss Aversion

Siegmann, Arjen; Lucas, André - Tinbergen Instituut - 2002

Recent research reveals that hedge fund returns exhibit a range of different,possibly non-linear pay-off patterns. It is difficult to qualify all these patternssimultaneously as being rational in a traditional framework for optimal financial decisionmaking. In this paper we present a simple...

Persistent link: https://www.econbiz.de/10011257172