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use efficiency which is not satisfied by the Banzhaf value. On the other hand, the Banzhaf value satisfies collusion …, collusion neutrality and the null player property. Finally, we show that a solution satisfies efficiency, collusion neutrality …
Persistent link: https://www.econbiz.de/10014206096
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10010325390
In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decisionmakers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...
Persistent link: https://www.econbiz.de/10010325070
extension of the cooperative agreement towards collusion in the product market is not necessarily welfare reducing: if firms … potential for product market collusion. For that we utilize a dynamic model of R&D whereby we consider all possible initial …
Persistent link: https://www.econbiz.de/10010326462
the corresponding increased potential for product market collusion. We consider all trajectories that are candidates for …. Product market collusion could thus yield higher total surplus. …
Persistent link: https://www.econbiz.de/10011662518
increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …
Persistent link: https://www.econbiz.de/10011526125
increased potential for product market collusion. We consider all trajectories that are candidates for an optimal solution as … initial technologies, pursue innovations more quickly, and are less likely to abandon a technology. Product market collusion …
Persistent link: https://www.econbiz.de/10014126598
Taking technological differences between firms as given, we show that the technologically advanced firm has a stronger incentive for technology licensing under a decentralized unionization structure than with centralized wage setting. Furthermore, We show that, in presence of licensing, the...
Persistent link: https://www.econbiz.de/10010325285
This paper investigates an implication of the self-serving bias for reciprocalresponses. It is hypothesized that negative intentionality matters more thanpositive intentionality for reciprocating individuals with a self-servingattributional style. Experimental evidence obtained in the hot...
Persistent link: https://www.econbiz.de/10010324551
This paper is an effort to convince the reader that using a stochastic stage game in a repeated setting - rather than a deterministic one - comes with many advantages. The first is that as a game it is more realistic to assume that payoffs in future games are uncertain. The second is that it...
Persistent link: https://www.econbiz.de/10010324928