Showing 1 - 10 of 155
Promotions serve two purposes. They ought to provide incentives for employees and to select the best employee for a management position. However, if non-contractible managerial decision rights give rise to private benefits and preference misalignment between managers and the firm, these two...
Persistent link: https://www.econbiz.de/10012138859
I study a case of market sharing agreements to provide evidence of coordination between colluding firms on the degree …
Persistent link: https://www.econbiz.de/10012129347
We show that team formation can serve as an implicit commitment device to overcome problems of self-control. If individuals have present-biased preferences, effort that is costly today but rewarded at some later point in time is too low from the perspective of an individual's long-run self. If...
Persistent link: https://www.econbiz.de/10011705481
German VC market. The results are also discussed in the context of the growth of the Berlin-based VC and start-up ecosystem. …
Persistent link: https://www.econbiz.de/10011800402
This paper shows the strategic aspects of international outsourcing in a duopolistic market. Due to different costs of …. Therefore, the resulting market constellation depends on the fixed costs and the difference between marginal costs. We show that … the three market constellations, both firms produce integrated, both use outsourcing and the firms operate with different …
Persistent link: https://www.econbiz.de/10008796592
This paper shows the strategic aspects of international outsourcing in an oligopolistic market, if outsourcing is …
Persistent link: https://www.econbiz.de/10008796598
This paper analyses the impact of financial frictions on markup adjustments at the firm level. We use a rich panel data set that matches information on banking relationships with firm-level data. By relying on insights from recent contributions in the literature, we obtain exogenous credit...
Persistent link: https://www.econbiz.de/10012792812
The following paper assesses whether current policy environments are appropriate for the emergence of cloud computing technology. In particular, this research uses firm-level data for Germany and the UK to examine the impact of capital incentive programmes (a common policy present in most OECD...
Persistent link: https://www.econbiz.de/10012267109
Based on survey responses from more than 1,700 managers in Germany, this study elicits employers’ perceptions of working from home during COVID-19 and their long-term expectations for the time after the pandemic. Based on employers’ forecasts of the share of employees working from home...
Persistent link: https://www.econbiz.de/10012549019
A number of recent papers have proposed that a pattern of isolated winning bids may be associated with collusion. In contrast, others have suggested that bid clustering, especially of the two lowest bids, is indicative of collusion. In this paper, we present evidence from an actual procurement...
Persistent link: https://www.econbiz.de/10012299673