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Property rights and managerial incentives within a rural Chinese shareholding cooperative enterprise

Zhang, Jian - In: Issues & studies : a social science quarterly on China, … 37 (2001) 6, pp. 29-58

Persistent link: https://www.econbiz.de/10001700964

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2002

In many situations the individuals who can generate some output must enter a contest for appropriating this output. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...

Persistent link: https://www.econbiz.de/10011409735

Investment in the absence of property rights; the role of incumbency advantages

Konrad, Kai A. - In: European economic review : EER 46 (2002) 8, pp. 1521-1537

Persistent link: https://www.econbiz.de/10001705089

Investment in the absence of property rights : the role of incumbency advantages

Konrad, Kai A. - 2002

In many situations the indivaduals who can generate some output must enter a contest for appropriating this output. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...