coordination within the organization and the structure of organizationand bundling of HRMPs (Human Resource Management Practices …

In this paper we consider a regulated monopoly that can pad its costs to increaseits cost reimbursement. Even while … padding is ineácient the optimal incentivescheme tolerates some padding of costs to reduce the information rents paid tolow … cost types. It is shown that high cost ßrms pad costs more than low costßrms. We also show that cost padding moves pricing …

harmonics as a function of firm unit costs and locations. The sumof oligopoly profits is larger when costs and/or locations are …

When adjustment costs are present, cyclical preference and technology heterogeneities in aproduct’s markets induce ….Our approach allows us to identify periods when prices may fall below unit costs, net ofadjustment costs. Social welfare … is linear andadjustment costs are quadratic. The analysis is developed for when external trade is impossibleand when it …

ausgerichteten - Anpassungsmechanismen aus Kosten- und Nutzenerwägungen heraus überlegen ist.(...) …