Showing 1 - 10 of 1,241
A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...
Persistent link: https://www.econbiz.de/10015227719
We provide a simple necessary and sufficient condition for when a multiproduct demand system can be generated from a discrete choice model with unit demands.
Persistent link: https://www.econbiz.de/10015247102
Berle and Means's analysis of the corporation - in particular, their view that those in control are not the owners of the corporation - raises questions about actions that corporations take to counter concerns regarding management's influence. What mechanisms, if any, do corporations implement...
Persistent link: https://www.econbiz.de/10010290449
This paper estimates the degree and nature of imperfections in the timber markets for the South Pacific Region of Colombia. These markets are described under the structure/conduct/performance paradigm. An econometric analysis was undertaken to estimate the degree of imperfection. Market...
Persistent link: https://www.econbiz.de/10005464609
This paper investigates the optimal partial privatization of a Stackelberg leader in a mixed oligopoly. It builds from Matsumura's duopoly Cournot model (1998) by comparing Cournot and Stackelberg models. In Cournot, partial ownership is optimal in a duopoly. In Stackelberg, partial...
Persistent link: https://www.econbiz.de/10008556126
E-business offers buyers and sellers a new form of communication and provides an opportunity to create new marketplaces. Theoretical studies suggest in general that the development of e-business results in higher firm performance as a result of lower search and head-to-head comparison costs....
Persistent link: https://www.econbiz.de/10005698112
This paper considers a spatial discrimination Cournot model with asymmetric demand. We use the geographical interpretation of the linear market and introduce differentiated products. We analyze a location-quantity game and show that agglomeration or dispersed locations may arise, depending on...
Persistent link: https://www.econbiz.de/10009643086
We develop a model of vertical mergers with open auctions upstream. This setting may be appropriate for industries where inputs are procured via auction-like “requests for proposal.” For example, Drennan et al (2020) reports that a model of this type was used during the CVS-Aetna merger...
Persistent link: https://www.econbiz.de/10014082925
This chapter addresses the history, use and significance of the term transaction costs. Few words in the economic language have been more abused or fought over and this is shown to result from the emergence of two distinct definitions and uses. The ‘Neoclassical’ definition rests on the...
Persistent link: https://www.econbiz.de/10013225192
Based on measurements among 332 owner-managers (hog farmers), we investigate how the global shape of the utility function (i.e., S-shaped versus concave or convex over the total range of outcomes) relates to choice behavior. We find that the global shape of the utility function differs across...
Persistent link: https://www.econbiz.de/10014029908