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When public research laboratories and industry meet to produce and exchange knowledge and technologies, they face decisions about how to frame these collaborations to make the best use of each partner’s resources, ensure a productive and fair outcome, and defuse any tensions and conflicts. In...
Persistent link: https://www.econbiz.de/10010708751
In the early 1980’s, Bernard Lassudrie-Duchêne was one of the first authors to analyse theorically and empirically the international production process decomposition (or fragmentation). This phenomenon, which explains a large part of the intermediate goods international trade, has become one...
Persistent link: https://www.econbiz.de/10011072994
The recent transformations in the Defense sector point towards a central question, that of its dynamics of innovation. The increasing participation of innovative SMEs side by side to the prime contractors leads us to investigate the relations of subcontracting implemented in that sector and...
Persistent link: https://www.econbiz.de/10011073546
competition. The best collusion-proof contract entails distortions both for inefficient and efficient regulated firms (distortion … ‘at the top’). But a contract inducing active collusion may do better by allowing the regulator to ‘team up’ with the …
Persistent link: https://www.econbiz.de/10010795034
may collude. We show that, although regulation is partial, collusion-proofness can still be obtained, but is more costly …. When offering collusion-proof contracts, the regulator cannot benefit from the asymmetric information between firms …
Persistent link: https://www.econbiz.de/10010706822
In a commonvalueauction in which the information partitions of the bidders are connected, all rings are core-stable. More precisely, the ex ante expected utilities of rings, at the (noncooperative) sophisticated equilibrium proposed by Einy et al. [Einy, E., Haimanko, O., Orzach, R., Sela, A.,...
Persistent link: https://www.econbiz.de/10010708636
characteristic function, derived from the partition form game, is not empty. As an application, we study collusion in auctions in …
Persistent link: https://www.econbiz.de/10010708853
We study a first price auction preceded by a negotiation stage, during which bidders may form a bidding ring. We prove that in the absence of external effects the all-inclusive ring forms in equilibrium, allowing ring members to gain the auctioned object for a minimal price. However, identity...
Persistent link: https://www.econbiz.de/10011072525
Persistent link: https://www.econbiz.de/10010861635
This paper presents a new methodology aimed at building institutional indicators. Up to now, all the available indicators have relied on an analysis of the supply of legal protection. Conversely we propose here a methodology based on the analysis of the demand for legal protection, as it is...
Persistent link: https://www.econbiz.de/10010726833