Using an aggregative games approach, we analyze horizontal mergers in a model of multiproduct-firm price competition with nested CES or nested logit demands. We show that the Herfindahl index provides an adequate measure of the welfare distortions introduced by market power, and that the induced...

This paper analyzes compensation schemes which pay according to an individual's ordinal rank in an organization rather than his output level. When workers are risk neutral, it is shown that wages based upon rank induce the same efficient allocation of resources as an incentive reward scheme...

We elaborate a model of the incentives of scientists to perform activities of control and criticism when these activities, just like the production of novel findings, are costly, and we study the strategic interaction between these incentives. We then use the model to assess policies meant to...

Organisation und Motivation : Eine ökonomisch-psychologische Einführung / von Peter J Jost - Der Mitarbeiter als Grundbaustein ökonomischer Organisationen - Individuelle Unterschiede zwischen Mitarbeitern - Ökonomisch-psychologisches Verhalten - Das Verhalten in Organisationen - Individuelle...