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Intellectual property rights, product complexity, and the organization of multinational firms
Naghavi, Alireza; Spies, Julia; Toubal, Farid - 2013
tasks of different complexities across countries with different levels of IPR protection. The analysis studies the decision … down outsourcing into two types by distinguishing whether or not they involve technology sharing between the two parties … technology-sharing-outsourcing IPRs promote outsourcing of more complex goods to a destination country by guaranteeing the …
Persistent link: https://www.econbiz.de/10010199759
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Outsourcing without cost advantages
Milliou, Chrysovalantou - 2023
both crucial for the emergence of outsourcing. The supplier purposefully avoids industry pro.t maximization to enlarge its …
Persistent link: https://www.econbiz.de/10014340231
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Global sourcing decisions and firm productivity : evidence from Spain
Kohler, Wilhelm; Smolka, Marcel - 2009
distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is … model. -- productivity ; outsourcing ; intra-firm trade ; foreign direct investment ; incomplete contracts ; firm-level data …
Persistent link: https://www.econbiz.de/10003923683
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Cultural distance, firm boundaries, and global sourcing
Gorodnichenko, Yuriy; Kukharskyy, Bohdan; Roland, Gérard - 2023
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms' decisions to integrate their...
Persistent link: https://www.econbiz.de/10014313474
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Bequests, control rights, and cost-benefit analysis
Glazer, Amihai; Kanniainen, Vesa; Niskanen, Esko - 2001
Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benefits than projects it would dis-place in the private sector. Voters may nevertheless oppose the public project: the...
Persistent link: https://www.econbiz.de/10011400766
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Language rights : a welfare-economics approach
Wickström, Bengt-Arne - 2015
Distributions of language rights in multilingual settings are analyzed from a normative viewpoint in this chapter. If the cost structure of providing rights is concave in the number of beneficiaries, then a critical-mass criterion for the determination of an optimal rights structure results. It...
Persistent link: https://www.econbiz.de/10011309548
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Discounting in an uncertain world : disentangling the debate on the Weitzman-Gollier puzzle
Buchholz, Wolfgang - 2014
Under conditions of risk it makes a difference whether the discount rate is determined as an expected present or as an expected future value. This difference which is dubbed as the Weitzman-Gollier puzzle has stimulated an intensive discussion which, however, is somewhat confusing. In this paper...
Persistent link: https://www.econbiz.de/10010412052
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Risk aversion and the value of risk to life
Bommier, Antoine; Villeneuve, Bertrand - 2004
This paper argues for an alternative methodology to estimate the value of risk to life. By relaxing the assumption of additive separability, we introduce risk aversion with respect to the length of life and show that the extended model better fits available data. This is crucial for the...
Persistent link: https://www.econbiz.de/10011450654
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Valuing public goods : the life satisfaction approach
Frey, Bruno S.; Lüchinger, Simon; Stutzer, Alois - 2004
This paper discusses a novel approach to elicit people s preferences for public goods, namely the life satisfaction approach. Reported subjective well-being data are used to directly evaluate utility consequences of public goods. The strengths of this approach are compared to traditional...
Persistent link: https://www.econbiz.de/10011402544
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Relative price changes of ecosystem services : evidence from Germany
Heckenhahn, Jonas; Drupp, Moritz A. - 2022
Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily substitutable with manufactured goods and often exhibit...
Persistent link: https://www.econbiz.de/10013168021