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Bernard, Andrew B.; Fort, Teresa C. - National Bureau of Economic Research (NBER) - 2013

This paper documents the extent and characteristics of plants and firms in the US that are outside the manufacturing sector according to official government statistics but nonetheless are heavily involved in activities related to the production of manufactured goods. Using new data on...

Persistent link: https://www.econbiz.de/10010951289

Structuring Incentives Within Organizations: The Case of Accountable Care Organizations

Rebitzer, James B.; Frandsen, Brigham - National Bureau of Economic Research (NBER) - 2014

Accountable Care Organizations (ACOs) are new organizations created by the Affordable Care Act to encourage more efficient, integrated care delivery. To promote efficiency, ACOs sign contracts under which they keep a fraction of the savings from keeping costs below target provided they also...

Persistent link: https://www.econbiz.de/10010759906

Diasporas and Outsourcing: Evidence from oDesk and India

Ghani, Ejaz; Kerr, William R.; Stanton, Christopher T. - National Bureau of Economic Research (NBER) - 2012

, the world's largest online platform for outsourced contracts, where India is the largest country in terms of contract …

Persistent link: https://www.econbiz.de/10010950885

Contractibility and the Design of Research Agreements

Lerner, Josh; Malmendier, Ulrike - National Bureau of Economic Research (NBER) - 2005

other projects or substitute one project for another. We develop a model based on the property-rights theory of the firm … deviate from the proposed research activities. The contract prevents opportunistic exercise of the termination right by …

Persistent link: https://www.econbiz.de/10005580417

Contracts between Legal Persons

Kornhauser, Lewis A.; MacLeod, W. Bentley - National Bureau of Economic Research (NBER) - 2010

Contract law and the economics of contract have, for the most part, developed independently of each other. In this … essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize … the economics literature on contract. The review thus provides an overview of the literature for economists who are …

Persistent link: https://www.econbiz.de/10008624624

Competition in Large Markets

Campbell, Jeffrey - National Bureau of Economic Research (NBER) - 2005

This paper develops a simple and robust implication of free entry followed by competition without substantial strategic interactions: Increasing the number of consumers leaves the distributions of producers' prices and other choices unchanged. In many models featuring non-trivial strategic...

Persistent link: https://www.econbiz.de/10005575204

The Diffusion of Wal-Mart and Economies of Density

Holmes, Thomas - National Bureau of Economic Research (NBER) - 2008

The roll-out of Wal-Mart store openings followed a pattern that radiated from the center out with Wal-Mart maintaining high store density and a contiguous store network all along the way. This paper estimates the benefits of such a strategy to Wal-Mart, focusing on the savings in distribution...

Persistent link: https://www.econbiz.de/10005830112

Equilibrium Price Dynamics in Perishable Goods Markets: The Case of Secondary Markets for Major League Baseball Tickets

Sweeting, Andrew - National Bureau of Economic Research (NBER) - 2008

This paper analyzes the dynamics of prices in two online secondary markets for Major League Baseball tickets. Controlling for ticket quality, prices tend to decline significantly as a game approaches. The paper describes and tests alternative theoretical explanations for why this happens in...

Persistent link: https://www.econbiz.de/10005718773

Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices

Courtemanche, Charles J.; Carden, Art - National Bureau of Economic Research (NBER) - 2011

Prior research shows grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers - Costco and Walmart-owned Sam's Club - are quite different. Using city-level panel grocery price data matched with a...

Persistent link: https://www.econbiz.de/10009226933

Specialization, Firms, and Markets: The Division of Labor Within and Between Law Firms

Garicano, Luis; Hubbard, Thomas N. - National Bureau of Economic Research (NBER) - 2003

What is the role of firms and markets in mediating the division of labor? This paper uses confidential microdata from the Census of Services to examine law firms' boundaries. We find that firms' field scope narrows as market size increases and individuals specialize, indicating that firms'...

Persistent link: https://www.econbiz.de/10005778880