Narrow search
Showing 1 - 10 of 1,884
Cover Image
Attention-Driven Demand for Bonus Contracts
Dertwinkel-Kalt, Markus - 2019
, competition does not eliminate but rather exacerbates inefficiencies arising from contracting with focused agents. Common contract …
Persistent link: https://www.econbiz.de/10012890631
Cover Image
Bank Bonus Pay as a Risk Sharing Contract
Efing, Matthias - 2019
make external financing costly, the optimal contract between shareholders and employees involves some degree of risk …
Persistent link: https://www.econbiz.de/10012892088
Cover Image
Utilities Included : Split Incentives in Commercial Electricity Contracts
Jessoe, Katrina - 2019
This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use exogenous variation in weather shocks to show that the...
Persistent link: https://www.econbiz.de/10012866313
Cover Image
Tenant Riskiness, Contract Length, and the Term Structure of Commercial Leases
Brueckner, Jan K.; Rosenthal, Stuart S. - 2023
contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The …
Persistent link: https://www.econbiz.de/10014263217
Cover Image
Technology, Market Structure and the Gains from Trade
Impullitti, Giammario; Licandro, Omar; Rendahl, Pontus - 2021
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and provide a formula to decompose the mechanism. The new insight we provide is that market concentration can be a welfare-relevant feature of market power above and beyond markup...
Persistent link: https://www.econbiz.de/10013231972
Cover Image
Negative Intra-Group Externalities in Two-Sided Markets
Belleflamme, Paul; Toulemonde, Eric - 2021
Two types of agents interact on a pre-existing free platform. Agents value positively the presence of agents of the other type but may value negatively the presence of agents of their own type. We ask whether a new platform can find fees and subsidies so as to divert agents from the existing...
Persistent link: https://www.econbiz.de/10013317024
Cover Image
Market structure, technological gap and vertical linkage effects from foreign direct investment
Kadochnikov, Sergey M.; Drapkin, Igor M. - 2008
This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...
Persistent link: https://www.econbiz.de/10010264311
Cover Image
International trade and retailing
Eckel, Carsten - 2009
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …
Persistent link: https://www.econbiz.de/10010264598
Cover Image
Fixed-Term and Permanent Employment Contracts : Theory and Evidence
Cao, Shutao - 2014
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment … to discriminate by offering some workers a fixed-term contract while offering other workers a permanent contract. Match …-specific quality between a worker and a firm determines the type of contract offered. We analytically characterize the firm's hiring …
Persistent link: https://www.econbiz.de/10013069444
Cover Image
Under/Over-Investment and Early Renegotiation in Public-Private Partnerships
Danau, Daniel - 2019
-invest in early construction, seeking a renegotiation thereafter. We show that, in a renegotiation-proof contract, the marginal …
Persistent link: https://www.econbiz.de/10012860529