Showing 1 - 10 of 351
Recently, patients, insurers, and regulators have increasingly focused on hospital quality (the inverse of patient mortality) in the U.S. Using California hospital data from 2006 through 2020, we find evidence that the effects of compensation and competition on hospital quality differ by...
Persistent link: https://www.econbiz.de/10014344075
Teamwork and cooperation between workers can be of substantial value to a firm, yet the level of worker cooperation often varies between individual firms. We show that these differences can be the result of labor market competition if workers have heterogeneous preferences and preferences are...
Persistent link: https://www.econbiz.de/10005627941
Trade credit is a widely adopted industry practice. Prior research has focused on how trade credit benefits firms by improving vertical supply chain relationships. This paper offers a novel perspective by examining whether trade credit benefits suppliers through a horizontal channel. Under the...
Persistent link: https://www.econbiz.de/10013005181
In an asymmetric tournament model with endogenous risk choice by the agents it is shown that equilibrium efforts decrease (increase) with risk if abilities are sufficiently similar (different). Risk also affects winning probabilities. The interaction of both effects is analyzed.
Persistent link: https://www.econbiz.de/10011540069
Synergies in production are ubiquitous in shared production processes such as those involving individuals within a team, departments within a firm, or industries within a country. Using a weakest link game with ex post bargaining to redistribute the joint surplus, we study a situation in which...
Persistent link: https://www.econbiz.de/10012955103
Persistent link: https://www.econbiz.de/10001642015
We develop a structural industry equilibrium model to show how competitive CEO-firm matching and product markets jointly determine firm value and CEO pay. We analytically derive testable implications for the effects of product market characteristics on firm size, CEO pay, and CEO impact on firm...
Persistent link: https://www.econbiz.de/10012986527
We present a mechanism based on managerial incentives through which common ownershipaffects product market outcomes. Firm-level variation in common ownership causes varia-tion in managerial incentives and productivity across firms, which leads to intra-industryand intra-firm cross-market...
Persistent link: https://www.econbiz.de/10011747733
We present a mechanism based on managerial incentives through which common ownership affects product market outcomes. Firm-level variation in common ownership causes variation in managerial incentives and productivity across firms, which leads to intra-industry and intra-firm cross-market...
Persistent link: https://www.econbiz.de/10013477278
This paper suggests a holistic framework for assessing farm competitiveness, and analyses competitiveness of different type of Bulgarian farms. First, it present a new approach for assessing farm competitiveness defining farm competitiveness and its three criteria (efficiency, adaptability and...
Persistent link: https://www.econbiz.de/10013137539