Similar Search Results

Supplier Encroachment with Mutual Outsourcing

Milliou, Chrysovalantou; Serfes, Konstantinos - 2023

We examine the incentives and implications of supplier encroachment, when final good produc-tion requires the use of multiple complementary inputs and the entry of a supplier into the final good market gives rise to mutual outsourcing of inputs between the encroaching supplier and the incumbent....

Persistent link: https://www.econbiz.de/10014347224

Market competition and lower tier incentives

Theilen, Bernd - 2008

The relationship between competition and performance-related pay has been analyzed in single … competition when aggregated firm data is used. …

Persistent link: https://www.econbiz.de/10010264481

Competitive Procurement with Ex Post Moral Hazard

Chakraborty, Indranil; Khalil, Fahad; Lawarree, Jacques - 2021

Unlike standard auctions, we show that competitive procurement may optimally limit competition or use inefficient … auction to guard against firms bidding low to win the contract and then cutting back on effort. While competition helps reduce …

Persistent link: https://www.econbiz.de/10013249652

Merger without cost advantages

Huck, Steffen; Konrad, Kai A.; Mueller, Wieland - 2005

strategic aspects matter for firm competition such as the internal organization of the firm, the time structure of decision … making, information aspects of competition, or the imbeddedness of firm competition in a strategic trade competition game …

Persistent link: https://www.econbiz.de/10010261187

Business groups in emerging markets: financial control and sequential investment

Hainz, Christa - 2006

Business groups in emerging markets perform better than unaffiliated firms. One explanation is that business groups substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model where firms within the business group are connected...

Persistent link: https://www.econbiz.de/10010263949

A simple model of health insurance competition

Kemnitz, Alexander - 2010

This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …

Persistent link: https://www.econbiz.de/10010274910

Natural Disasters, Moral Hazard, and Special Interests in Congress

Kaplan, Carol - 2019

We exploit the precise timing of natural disasters to provide empirical evidence on the connection between electoral accountability and politicians’ support for special interests. We show that, in the immediate aftermath of a disaster, the evening news substantially reduce their coverage of...

Persistent link: https://www.econbiz.de/10012892175

Deposit Insurance, Moral Hazard and Bank Risk

Karas, Alexei; Pyle, William; Schoors, Koen J. L. - 2021

Using evidence from Russia, we explore the effect of the introduction of deposit insurance on bank risk. Drawing on variation in the ratio of firm deposits to total household and firm deposits before the announcement of deposit insurance, so as to capture the magnitude of the decrease in market...

Persistent link: https://www.econbiz.de/10013249648

When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story

Biancini, Sara; Venet, Baptiste; Ettinger, David - 2021

We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to lend money to wealthier borrowers rather than to the very poor. We focus on the relationship between MFIs and external funding institutions. We assume that both the MFIs and...

Persistent link: https://www.econbiz.de/10013245624

Moral Hazard in Electoral Teams

Cox, Gary W. - 2020

How do parties motivate candidates to exert effort in closed-list elections? If each candidate's primary goal is winning a seat, then those in safe and hopeless list positions have weak incentives to campaign. We present a model in which (i) candidates care about both legislative seats and the...

Persistent link: https://www.econbiz.de/10012830995

1
2
3
4
5
6
7
8
9
10
Next
Last