Showing 1 - 10 of 34
We study cartel stability in a differentiated price-setting duopoly with returns to scale. We show that a cartel may be equally stable in the presence of lower differentiation, provided that the decreasing returns parameter is high. In addition we demonstrate that for a given factor of discount,...
Persistent link: https://www.econbiz.de/10009959088
This article discusses theoretically why companies cooperate in carrying out their R&D, and doing so with several external agents. From a sample of original equipment manufacturers suppliers (OEMS) located in Catalonia, we checked if they incorporated products innovation, research, design,...
Persistent link: https://www.econbiz.de/10010009033
Persistent link: https://www.econbiz.de/10010159729
Persistent link: https://www.econbiz.de/10010160212
Persistent link: https://www.econbiz.de/10010160855
This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...
Persistent link: https://www.econbiz.de/10009959108
Management meted out punishment to enforce rules and encourage adherence. However, the effectiveness depended on how the employees perceive and interpret the policy. This study tested the effect of reducing individual lateness in a plastic factory. Field experiment was conducted to test the...
Persistent link: https://www.econbiz.de/10010009056
(EMU) entry, as well as R&D intensity and industry concentration on job creation and job destruction in the Greek … investment, profitability and industry concentration ratios are examined. The study reveals that EMU has a substantial negative … investmentsin tangible assets and R&D expenditures on the creation of new work positions. -- industry study ; dynamic growth …
Persistent link: https://www.econbiz.de/10009958052
The article introduces the theoretical foundations of the author’s original concept of accounting engineering. We assume a theoretical premise whereby accounting engineering is understood as a system of accounting practice utilising differences in economic events resultant from the use of...
Persistent link: https://www.econbiz.de/10010078129
The impact of strong emotions or mood on decision making and risk taking is well recognized in behavioral economics and finance. Yet, and in spite of the immense interest, no study, so far, has provided any comprehensive evidence on the impact of weather conditions. This paper provides the...
Persistent link: https://www.econbiz.de/10010009134