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The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power …
Persistent link: https://www.econbiz.de/10005260247
maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …
Persistent link: https://www.econbiz.de/10009148015
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party's ex-post bargaining power …
Persistent link: https://www.econbiz.de/10011113898
The aim of this paper is twofold. First, we offer a methodological reflection on how the explanatory virtues of economic theories can be assessed in a systematic way. Second, we use that theoretical apparatus to study the explanatory virtues of Transaction Cost Economics (TCE, henceforth)....
Persistent link: https://www.econbiz.de/10011259431
The EU is striving for an ‘Innovative Union’. Various case studies already hinted that the involvement of various types of employees is crucial for the organisational innovativeness. Using data from a large scale Belgian employee level survey in five industries, this article focuses on the...
Persistent link: https://www.econbiz.de/10011259483
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Persistent link: https://www.econbiz.de/10011259650
The reflection of the employees behaviour towards assigned task and lack of interest in routine activates generates the negative results for organizational sustainable growth. Generally, stress at workplace brings the negativity in whole environment, thus, individual feel uncomfortable to...
Persistent link: https://www.econbiz.de/10011259708
This study was an attempt to explore the relationship between organizational justice, encompassed by three components: (distributive justice, procedural justice and interactional justice) job satisfaction, that is employees’ perceptions of workplace justice. This study, indeed, investigated...
Persistent link: https://www.econbiz.de/10011259755
The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...
Persistent link: https://www.econbiz.de/10011259891
Greif, Milgrom and Weingast (1994) argued that the ability of the merchant guilds to encourage trade expansion required an internal mechanism to enforce compliance to trade embargoes, otherwise credible incentives for "embargo breaking" would have rendered them ine¤ectual. We show that...
Persistent link: https://www.econbiz.de/10011260041