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Dynamic incentives in organizations: Success and inertia

Ruckes, Martin; Rønde, Thomas - 2010

We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...

Persistent link: https://www.econbiz.de/10010302621

Replicator dynamics in value chains: Explaining some puzzles of market selection

Cantner, Uwe; Savin, Ivan; Vannuccini, Simone - 2016

The pure model of replicator dynamics though providing important insights in the evolution of markets has not found much of empirical support. This paper extends the model to the case of firms vertically integrated in value chains. We show that i) by taking value chains into account, the...

Persistent link: https://www.econbiz.de/10011431880

The hold-up problem, innovations, and limited liability

Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2012

An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is …

Persistent link: https://www.econbiz.de/10011084016

Job Reallocation and Productivity Growth Under Alternative Economic Systems and Policies: Evidence from the Soviet Transition

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2003

How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This Paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...

Persistent link: https://www.econbiz.de/10005123720

The Reallocation of Workers and Jobs in Russian Industry: New Evidence on Measures and Determinants

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2002

Gross job and worker flows in Russian industry are studied using panel data from a recent survey of 530 firms selected through national probability sampling. The data permit an examination of several important measurement issues – including the timing and definition of employment, the roles of...

Persistent link: https://www.econbiz.de/10005504437

Competition Enhancing Policies and Infrastructure: Evidence from Russia

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001

This Paper investigates whether the efficiency effect of product market dispersion is a function of the infrastructural and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower government regulation may reduce transaction costs,...

Persistent link: https://www.econbiz.de/10005504465

Privatization, Competition and Reform Strategies: Theory and Evidence from Russian Enterprise Panel Data

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001

A critical, but largely unexamined assumption in the debate over reform policy design, concerns the complementarity or substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that distinguishes two aspects of privatization...

Persistent link: https://www.econbiz.de/10005114270

Gross Job Flows in Russian Industry Before and After Reforms: Has Destruction Become More Creative?

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001

This Paper uses 1985-99 manufacturing census data for old Russian enterprises to calculate the magnitude and productivity effects of gross job flow rates before and after reforms. Job creation was low throughout the period in this sector, but increased slightly during the transition, while job...

Persistent link: https://www.econbiz.de/10005666804

Competition And Firm Performance: Lessons From Russia

Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2000

The 'big-bang' liberalization of the inefficient Russian economy in 1992 provides a fruitful setting for analysing the impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel data on 14,961 enterprises covering 75 percent of...

Persistent link: https://www.econbiz.de/10005661595

Foundations of Economic Change : A Schumpeterian View on Behaviour, Interaction and Aggregate Outcomes

Pyka, Andreas (ed.); Cantner, Uwe (ed.) - 2017

approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations … economics of self-organization of dynamic markets by ignorant actors -- Firms Navigating Through Innovation Spaces: A … Conceptualization -- A Proposal for a ‘National Innovation System plus Subjective Well Being’ Approach and an Evolutionary Systemic …

Persistent link: https://www.econbiz.de/10012397694