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), Raith (2003), and Piccolo, D'Amato, and Martina (2008)). Our model differs from these papers in the type of contract that we …
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power I nevertheless review the changes in contract terms that LE describes as evidence of abuse of market power between … producers’ incomes have fallen; and2) Scope widening: or claims the rights transferred to buyers by contract has widened to … cover worldwide distribution and sequels; and3) Duration Increases: or claims the rights transferred to buyers by contract …
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Based on data from a comprehensive benchmarking study on buyer-supplier relationships in the German automotive industry, we show that more trust in a relationship is associated with higher idiosyncratic investment by suppliers and better part quality - but also with more competition among...
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There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003935667
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003951883