Showing 1 - 10 of 235
generate dead weight loss whenmaximizing producer surpluses as expected under prevailing microeconomic theory. Theuse of …
Persistent link: https://www.econbiz.de/10009443786
This paper incorporates hierarchical structure into the neoclassical theory of the firm. Firms are hierarchical in two …
Persistent link: https://www.econbiz.de/10009448301
Grossman-Hart-Moore Property Rights Theory and the Transaction Cost Theory of the firm, and emphasizes the impact of … control arrangements o?ers strong support to our Property-Rights-Theory motivated model with self investment but rejects that … with cooperative investment. The Transaction-Cost-Theory motivated model leaves some important empirical findings …
Persistent link: https://www.econbiz.de/10009476694
We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect...
Persistent link: https://www.econbiz.de/10009476932
This dissertation views firms as systems of interdependent activities and investigates the role of coordination costs in setting limits to firms’ growth strategies and organization structure. It contains three interrelated studies. Study I examines the impact of coordination costs on firms’...
Persistent link: https://www.econbiz.de/10009477098
This paper incorporates hierarchical structure into the neoclassical theory of the firm. Firms are hierarchical in two …
Persistent link: https://www.econbiz.de/10009448598
University of Minnesota Ph.D. dissertation. December 2009. Major: Economics. Advisor: Patrick L. Bajari. 1 computer file (PDF); vii, 98 pages, appendices A-B.
Persistent link: https://www.econbiz.de/10009462783
Economics
Persistent link: https://www.econbiz.de/10009432015
"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...
Persistent link: https://www.econbiz.de/10009468330
"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...
Persistent link: https://www.econbiz.de/10009468335