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Strategic delegation in price competition

Güth, Werner; Pull, Kerstin; Stadler, Manfred - 2012

We study price competition in heterogeneous markets where price decisions are delegated to agents. Principals implement a revenue sharing scheme to which agents react by commonly charging a sales price. The results of our model exemplify the importance of both intrafirm- and interfirm...

Persistent link: https://www.econbiz.de/10009581224

Hierarchies and bureaucracies

Tirole, Jean - 1985

Persistent link: https://www.econbiz.de/10000816453

Games that doctors play two-layered agency problems in a medical system

Behrens, Johann; Güth, Werner; Kliemt, Hartmut; … - 2005

Persistent link: https://www.econbiz.de/10003282831

Fair wages and multiple fairness standards : a lab study of co-employment of hired and rented hands

Alewell, Dorothea; Friedrich, Colette; Güth, Werner; … - In: Schmalenbach business review : sbr 59 (2007) 1, pp. 2-28

Persistent link: https://www.econbiz.de/10003407127

Who volunteers? : a theory of firms allowing for intrinsically motivated agents

Güth, Werner; Maug, Ernst - In: Der ehrbare Kaufmann: modernes Leitbild für Unternehmer?, (pp. 49-74). 2007

Persistent link: https://www.econbiz.de/10003470341

Agency and communication in IMF conditional lending : theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...