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Working time and employment under uncertainty

Chen, Yu-Fu; Funke, Michael - 2002

The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the impact of uncertainty and real options on the decision of...

Persistent link: https://www.econbiz.de/10001682997

The firm as a pool of factor complementarities

Lindbeck, Assar; Snower, Dennis J. - 2003

Persistent link: https://www.econbiz.de/10009763532

Community Enterprises : an institutional innovation

Frey, Bruno S.; Luethi, Roger; Osterloh, Margit - 2011

enterprise has emerged that we call Community Enterprises. They are barrier free and extend beyond the reach of strong, personal … the most successful example of such a Community Enterprise. Assumptions and principles underneath related fields such as … firm ; organization theory ; for-profit firms ; community enterprise ; Wikipedia …

Persistent link: https://www.econbiz.de/10009124215

Global sourcing of complex production processes

Schwarz, Christian; Südekum, Jens - 2011

We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...

Persistent link: https://www.econbiz.de/10009273125

Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates

Chen, Yu-Fu; Funke, Michael - 2002

The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the...

Persistent link: https://www.econbiz.de/10011541121

Mergers, investment decisions and internal organisation

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003

We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...

Persistent link: https://www.econbiz.de/10011507904

E-exchange and the boundary between households and organizations

Lindbeck, Assar; Wikström, Solveig - 2002

The new information and communication technology, ICT, induces households to take over tasks from firms and government agencies, using tools and systems provided by these very same organizations. The result is often joint production activities. We argue that the importance of ICT for the...

Persistent link: https://www.econbiz.de/10011514007

Profitable horizontal mergers without cost advantages : the role of internal organization, information, and market structure

Huck, Steffen - 2001

Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...

Persistent link: https://www.econbiz.de/10014460971

Inflation and trading

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2024

We study how investors respond to inflation combining a customized survey experiment with trading data at a time of historically high inflation. Investors’ beliefs about the stock return-inflation relation are very heterogeneous in the cross section and on average too optimistic. Moreover,...

Persistent link: https://www.econbiz.de/10015178423

Testing the theory of multitasking : evidence from a natural field experiment in Chinese factories

Hong, Fuhai; Hossain, Tanjim; List, John A.; Tanaka, Migiwa - 2013

A well-recognized problem in the multitasking literature is that workers might substantially reduce their effort on tasks that produce unobservable outputs as they seek the salient rewards to observable outputs. Since the theory related to multitasking is decades ahead of the empirical evidence,...

Persistent link: https://www.econbiz.de/10010223046