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Governing of Agro-Ecosystem Services
Bachev, Hrabrin - Volkswirtschaftliche Fakultät, … - 2009
In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analysis of mechanisms of governance of agro-ecosystem services. Firstly, we...
Persistent link: https://www.econbiz.de/10005025716
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Information, Authority, and Corporate Hierarchies
Choe, Chongwoo; In-Uck, Park - Volkswirtschaftliche Fakultät, … - 2010
complete contracts cannot be written, and delegation of authority should necessarily be to the information gatherer. The benets …In a typical corporate hierarchy, the manager is delegated the authority to make strategic decisions, and to contract … principal can benefit from such delegation relative to centralization. We show that beneficial delegation is possible when …
Persistent link: https://www.econbiz.de/10008543778
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Job design with conflicting tasks reconsidered
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2012
A principal wants two sequential tasks to be performed by wealth-constrained agents. When the tasks are conflicting (i.e., when a first-stage success makes second-stage effort less effective), the principal's profit-maximizing way to induce high efforts is to hire one agent to perform both...
Persistent link: https://www.econbiz.de/10009650662
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From Cronies to Professionals: The Evolution of Family Firms
Bhattacharya, Utpal; Ravikumar, B - Volkswirtschaftliche Fakultät, … - 1997
We develop a dynamic model where each generation in a family firm can continue operating its inherited production technology or it could hire a professional to do the same. Though the professional is more qualified, his interests are not aligned with the interests of the family. In the context...
Persistent link: https://www.econbiz.de/10008498469
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Needs, Modes and Efficiency of Economic Organizations and Public Interventions in Agriculture
Bachev, Hrabrin - Volkswirtschaftliche Fakultät, … - 2010
There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...
Persistent link: https://www.econbiz.de/10008680295
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Investments in physical capital, relationship-specificity, and the property rights approach
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2013
We reconsider the property rights approach to the theory of the firm based on incomplete contracts. We explore the …
Persistent link: https://www.econbiz.de/10011112525
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Schemat arbitrażowy Nasha, a podział zysków w bilateralnym monopolu kopalni węgla brunatnego i elektrowni. Cześć druga – zastosowania w negocjacjach strategicznych i taktycznych...
Jurdziak, Leszek - Volkswirtschaftliche Fakultät, … - 2006
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...
Persistent link: https://www.econbiz.de/10005260247
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Research Perspectives on Renewable Energy Cooperatives in Germany: Empirical Insights and Theoretical Lenses
Yildiz, Özgür; Rommel, Jens; Debor, Sarah; … - Volkswirtschaftliche Fakultät, … - 2014
Transformation of energy systems is influencing economic policy agendas all over the world, particularly so in industrialized countries. In this process, Germany has taken a pioneering role. Technical innovations, institutional frameworks, and business models established there are of interest...
Persistent link: https://www.econbiz.de/10011110772
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Agro-Ecosystem Services – Governance Needs and Efficiency
Bachev, Hrabrin - Volkswirtschaftliche Fakultät, … - 2010
This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics and suggests a holistic framework for analysis of management agro-ecosystem services. That new approach for analyses and assessment of management of agro-ecosystem services includes: definition of the...
Persistent link: https://www.econbiz.de/10008684891
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Trafficking in drugs and economic theory
Pandey, S.S.D. - Volkswirtschaftliche Fakultät, … - 1991
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026