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Bargaining position, bargaining power, and the property rights approach
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2013
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party's ex-post bargaining power …
Persistent link: https://www.econbiz.de/10011113898
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Nash bargaining solution and the split of profit in bilateral monopoly of lignite opencast mine and power plant. Part two – applications in strategic and tactical negotiations
Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power …
Persistent link: https://www.econbiz.de/10005260247
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Property Rights and Market: Employee Privatization as a Cooperative Bargaining Process
Marco, Marini - Volkswirtschaftliche Fakultät, … - 1996
maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …
Persistent link: https://www.econbiz.de/10009148015
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Power in the Multinational Corporation in Industry Equilibrium
Marin, Dalia; Verdier, Thierry - Volkswirtschaftliche Fakultät, … - 2007
Recent theories of the multinational corporation introduce the property rights model of the firm and examine whether to integrate our outsource firm activities locally or to a foreign country. This paper focus instead on the internal organization of the multinational corporation by examining the...
Persistent link: https://www.econbiz.de/10005518252
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Use and Abuse of Authority
Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - Volkswirtschaftliche Fakultät, … - 2012
Employment contracts give a principal the authority to decide flexibly which task his agent should execute. However, there is a tradeoff, first pointed out by Simon (1951), between flexibility and employer moral hazard. An employment contract allows the principal to adjust the task quickly to...
Persistent link: https://www.econbiz.de/10011140971
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Do Multinationals Transplant their Business Model?
Marin, Dalia; Rousova, Linda; Verdier, Thierry - Volkswirtschaftliche Fakultät, … - 2013
What determines whether or not multinational firms transplant their mode of organisation to other countries? We embed the theory of knowledge hierarchies in an industry equilibrium model of monopolistic competition to examine how the economic environment may affect the decision of a...
Persistent link: https://www.econbiz.de/10011140981
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On the fundamentals of winning virtuous strategies creation toward leveraged buyout transactions implementation during private equity investment in conditions of resonant absorption of discrete information in diffusion - type financial system with induced nonlinearities
Ledenyov, Dimitri O.; Ledenyov, Viktor O. - Volkswirtschaftliche Fakultät, … - 2014
The authors perform an original research on the fundamentals of winning virtuous strategies creation toward the leveraged buyout transactions implementation during the private equity investment in the conditions of the resonant absorption of discrete information in the diffusion - type financial...
Persistent link: https://www.econbiz.de/10011107335
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Трансформация логистического и маркетингового подходов
Hairov, Bari - Volkswirtschaftliche Fakultät, … - 2013
In modern conditions standard models of market coordination and price control at which each enterprise is a separate and independent production unit, are economically inexpedient. The author considers the objective necessity of the establishment of the parity relations between business and the...
Persistent link: https://www.econbiz.de/10011107747
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Management-Employee Relations, Firm Size and Job Satisfaction
Tansel, Aysit; Gazioglu, Saziye - Volkswirtschaftliche Fakultät, … - 2013
This paper investigates the job satisfaction in relation to managerial attitudes towards employees and firm size using the linked employer-employee survey results in Britain.We first investigate the management-employee relationships and the firm size using maximum likelihood probit estimation ....
Persistent link: https://www.econbiz.de/10011107830
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Transaction Costs can Encourage Coasean Bargaining
Robson, Alex - Volkswirtschaftliche Fakultät, … - 2012
standard Coasean bargaining game involving three parties is strategically equivalent to an asymmetric three player majority … costs which, when introduced into a frictionless bargaining situation, will cause an empty core to become non-empty. In …, transaction costs can encourage Coasean bargaining. …
Persistent link: https://www.econbiz.de/10011107924