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The Demand for Tailored Goods and the Theory of the Firm
Thiele, Veikko - Volkswirtschaftliche Fakultät, … - 2007
The transaction cost theory predicts that firms are inclined to vertically integrate transactions in response to the … specificity of their required inputs. Yet, reality proves that some firms engage in repeated transactions with external suppliers … specificity. This paper demonstrates that a high degree of input specificity can lead to repeated market transactions being …
Persistent link: https://www.econbiz.de/10005835408
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‘Make-or-Buy’ in International Oligopoly and the Role of Competitive Pressure
Dermot, Leahy; Catia, Montagna - Volkswirtschaftliche Fakultät, … - 2007
We study how competitive pressure influences the make-or-buy decision that oligopolistic firms face between producing an intermediate component in-house or purchasing it from a domestic supplier. We model outsourcing as a bilateral relationship in which the supplier undertakes relationship...
Persistent link: https://www.econbiz.de/10005836743
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Causality and interdependence in Pasinetti's works and in the modern classical approach
Bellino, Enrico; Nerozzi, Sebastiano - Volkswirtschaftliche Fakultät, … - 2013
The formal representation of economic theories normally takes the form of a model, that is, a system of equations which connect the endogenous variables with the values of the parameters which are taken as given. Sometimes, it is possible to identify one or more equations which are able to...
Persistent link: https://www.econbiz.de/10011258136
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Structural Change and Decisions on Investment Allocation
Araujo, Ricardo Azevedo; Teixeira, Joanílio Rodolpho - Volkswirtschaftliche Fakultät, … - 2002
In this article the growth models of Feldman (1928) and Mahalanobis (1953) are extended to analyse the implications of the process of structural change on the decisions of investment allocation. By using the device of vertical integration, their constructions are shown to be a particular case of...
Persistent link: https://www.econbiz.de/10011258497
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Vertical Integration and Fuel Diversity in Electricity Generation – a theoretical study in imperfect competition
Fristrup, Peter; Klinge Jacobsen, Henrik - Volkswirtschaftliche Fakultät, … - 2005
This paper contains an analysis of stylised natural gas and electricity supply sectors. Power plants operate either on natural gas or on a competing fuel – e.g. oil. The competing fuel is assumed to be traded at world market price whereas natural gas is sold by a national monopoly. The paper...
Persistent link: https://www.econbiz.de/10011258577
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Bye to Vertical Integration and Welcome to the Horizontal Integration in the Textile Business
Subhani, Muhammad Imtiaz; Hasan, Syed Akif; Osman, Ms. Amber - Volkswirtschaftliche Fakultät, … - 2012
When it’s about production then association between the machinery and efficiency is gauged. This investigation seeks the matter whether vertical integration (balanced integration) in an organization provides better results and profits. The focused industry was textile with a sample size of 30...
Persistent link: https://www.econbiz.de/10011259257
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Vertical integration in the Czech agriculture – focus on dairy and meat sectors
Janda, Karel - Volkswirtschaftliche Fakultät, … - 2010
industrial organization theory and policy, we also pay attention to major cases of alleged fair competition violations in the …
Persistent link: https://www.econbiz.de/10008765069
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Optimal quality choice under uncertainty on market development
Tamini, Lota D. - Volkswirtschaftliche Fakultät, … - 2012
This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choice of optimal quality and timing of market entry. Irreversibility of the investment in product development is introduced in a continuous-time stochastic model applying the real option literature....
Persistent link: https://www.econbiz.de/10011108902
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Plusvalore e sfruttamento dopo Sraffa. Lo stato del problema.
Cavalieri, Duccio - Volkswirtschaftliche Fakultät, … - 1995
Sraffian theory of prices. The problem is examined in a historico-critical perspective. The discussion is centred on the idea …
Persistent link: https://www.econbiz.de/10011109992
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Die Liberalisierung des russischen Gassektors: 3 Szenarios?
Tsatsos, Aristidis - Volkswirtschaftliche Fakultät, … - 2012
Ziel des Projekts ist die Untersuchung verschiedener, realisierbarer (Re)organisationsformen des russischen Gassektors und insbesondere des (a) ungehinderten Zugangs Dritter zum Pipelinenetzwerk im Exportbereich (b) sowie des ungehinderten Zugangs Dritter im innerrussischen Pipelinenetzwerk (c)...
Persistent link: https://www.econbiz.de/10011112939