Showing 1 - 10 of 116
restructuring, ownership, competition, budget constraints and, particularly, institutions in Russian industry, covering the period … relatively positive assessment of formal and informal institutions respectively, and largely the same ruling networks as before …) reform has been accomplished. That is: stronger competition and better institutions go with more restructuring, while …
Persistent link: https://www.econbiz.de/10005137157
restructuring, ownership,competition, budget constraints and, particularly, institutions in Russian industry, covering theperiod … assessment of formal andinformal institutions respectively, and largely the same ruling networks as before the start of … budget constraints do not.The substitution, to some extent, of informal for formal institutions may have prevented even …
Persistent link: https://www.econbiz.de/10011256633
Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and … (2) to terminate employment of employees on probation. Generally, organizations benefit from committing to strict rules …
Persistent link: https://www.econbiz.de/10011255571
Using simple game-theoretical models, this paper studies the role of pre-determined rules for HRM policies. We consider … of written rules, managers are too reluctant (1) to differentiate between employees on the basis of their abilities, and … (2) to terminate employment of employees on probation. Generally, organizations benefit from committing to strict rules …
Persistent link: https://www.econbiz.de/10008838653
In criminal cases the task of the judge is to transform the uncertainty about the facts into the certainty of the verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective probability of guilt and verdict for abstract cases. We look at...
Persistent link: https://www.econbiz.de/10011255690
In criminal cases the task of the judge is to transform the uncertainty about the facts into the certainty of the verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective probability of guilt and verdict for abstract cases. We look at...
Persistent link: https://www.econbiz.de/10005209452
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....
Persistent link: https://www.econbiz.de/10011256628
In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a systematic comparison of a penalty based on the cartel overcharge with...
Persistent link: https://www.econbiz.de/10011261929
Consider a government tendering the right to operate, for example, an airport, telecommunication network, or utility. There is an 'incumbent bidder' who owns a complement or substitute facility, and one entering 'new bidder'. With a 'standard auction' on the payment to the government, the...
Persistent link: https://www.econbiz.de/10011271950
This paper analyzes empirically whether and if so to what extent later entrants in the European mobile telephony industry have a disadvantage vis-à-vis incumbents and early mover entrants. To analyze this question a dynamic model of market share development and a series of static models are...
Persistent link: https://www.econbiz.de/10011255477