Pierce, Andrea; Sen, Debapriya - In: Journal of Economics 111 (2014) 3, pp. 263-287
="TEX">$$B$$</EquationSource> </InlineEquation> having a lower cost due to a superior technology. We compare two contracts: outsourcing (<InlineEquation ID="IEq4 …"> <EquationSource Format="TEX">$$A$$</EquationSource> </InlineEquation>). An outsourcing order is equivalent to building an endogenous … Pareto improving outsourcing contracts (making both firms better off and all consumers at least weakly better off), but no …