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Under-connected and Over-connected Networks

Hellmann, Tim; Buechel, Berno - Fondazione ENI Enrico Mattei (FEEM) - 2009

general results that relate situations of positive externalities with stable networks that cannot be “too dense” in a well …-defined sense, while situations with negative externalities tend to induce “too dense” networks. …Since the seminal contribution of Jackson & Wolinsky 1996 [A Strategic Model of Social and Economic Networks, JET 71 …

Persistent link: https://www.econbiz.de/10005008043

The Formation of Networks with Transfers among Players

Jackson, Matthew O.; Bloch, Francis - Fondazione ENI Enrico Mattei (FEEM) - 2004

We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We … links. We characterize the networks that are supported under these variations and show how each of the above aspects is …

Persistent link: https://www.econbiz.de/10005392531

Strategic Resource Dependence

Gerlagh, Reyer; Liski, Matti - Fondazione ENI Enrico Mattei (FEEM) - 2008

We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock...

Persistent link: https://www.econbiz.de/10004965198

A Stage Model of Developing an Inclusive Community

Vaughn, Billy E.; Mlekov, Katarina - Fondazione ENI Enrico Mattei (FEEM) - 2003

The Community Inclusion model described in this paper characterizes the stages through which a diverse group of people living within the same community develops into an inclusive community. The model is described in terms of its usefulness in the assessment of a community’s current stage of...

Persistent link: https://www.econbiz.de/10005385413

Size, Age and the Growth of Firms: New Evidence from Quantile Regressions

Distante, Roberta; Petrella, Ivan; Santoro, Emiliano - Fondazione ENI Enrico Mattei (FEEM) - 2014

The nexus between firm growth, size and age in U.S. manufacturing is examined through the lens of quantile regression models. A number of interesting features are unveiled that linear frameworks could not detect. Size pushes both low and high performing firms towards the median rate of growth,...

Persistent link: https://www.econbiz.de/10010813783

Abuse of Competitive Fringe

Capuano, Carlo - Fondazione ENI Enrico Mattei (FEEM) - 2005

The purpose of this article is to analyze how the presence of a competitive fringe, composed by price taker firms, can affect the sustainability of collusive equilibria. Our starting point is that there exists a diffused misunderstanding about its strategical role as collusive minus factor. We...

Persistent link: https://www.econbiz.de/10005423128

From the Theory of the Firm to FDI and Internalisation: A Survey

Gattai, Valeria - Fondazione ENI Enrico Mattei (FEEM) - 2005

This paper surveys recent contributions on the Internalisation issue, based on different theories of the firm, to show how the make-or-buy decision, at an international level, has been assessed through the opening up of the “black box” - traditionally explored by the theorists of the firm...

Persistent link: https://www.econbiz.de/10005230886

Nonparametric Identification and Estimation of Multi-Unit, Sequential, Oral, Ascending-Price Auctions With Asymmetric Bidders

Paarsch, Harry J.; Brendstrup, Bjarne - Fondazione ENI Enrico Mattei (FEEM) - 2004

Within the independent private-values paradigm, we derive the data-generating process of the winning bid for the last unit sold at multi-unit sequential English auctions when bidder valuations are draws from different distributions; i.e., in the presence of asymmetries. When the identity of the...

Persistent link: https://www.econbiz.de/10005230940

Privatization and Restructuring in Concentrated Markets

Norback, Pehr-Johan; Persson, Lars - Fondazione ENI Enrico Mattei (FEEM) - 2004

This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....

Persistent link: https://www.econbiz.de/10005570361

The Cost of Segregation in Social Networks

Allouch, Nizar - Fondazione ENI Enrico Mattei (FEEM) - 2013

This paper investigates the private provision of public goods in segregated societies. While most research agrees that segregation undermines public provision, the findings are mixed for private provision: social interactions, being strong within groups and limited across groups, may either...

Persistent link: https://www.econbiz.de/10010904919