Showing 1 - 10 of 1,281
This paper studies the effect of trade facilitation on vertical firm structure using plant-level data from Switzerland. Based on the Business Census and the Input-Output table, we first calculate a binary measure of vertical integration for all plants registered in Switzerland. We then estimate...
Persistent link: https://www.econbiz.de/10010483310
assume exogenous outside options--might be reversed. First, according to the degree of ex-post market competition induced by …'s post-contractual opportunism. The resulting complex institutional context, coined as cross competition, provides an …' rigidity so as to transform multilateral market cross competition into a network of bilateral cross competition relationships …
Persistent link: https://www.econbiz.de/10014164052
In the economic literature on market competition, firms are often modelled as individual decision makers and the … competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …
Persistent link: https://www.econbiz.de/10014029080
In the economic literature on market competition, firms are often modeled as single decision makers and the internal … can not generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition … theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in …
Persistent link: https://www.econbiz.de/10010263110
We model a managerial decision environment in which a manager both determines the skill heterogeneity of her workers and determines whether to retain or delegate the ability to allocate tasks. The manager prefers delegating when uncertainty is sufficiently high relative to the incentive conflict...
Persistent link: https://www.econbiz.de/10012924939
This paper investigates a new dataset of franchise networks in nine countries in order to assess whether and to what extent do institutions influence the practice of franchising. Our regressions relate the structure of franchise networks (the rate of franchised units as opposed to corporate...
Persistent link: https://www.econbiz.de/10014061757
We report the results of experiments designed to test recent theories of vertical foreclosure. Consistent with the theory, the upstream firm has more difficulty commiting to supply the monopoly quantity in treatments with non-integration and secret contracts than in either treatments with...
Persistent link: https://www.econbiz.de/10014146973
We report the results of experiments designed to test recent theories of vertical foreclosure. Consistent with the theory, vertical integration improves the upstream firm's ability to commit to restricting output to the monopoly level, as does the use of public contracts. Public contracts are...
Persistent link: https://www.econbiz.de/10014126754
-pay duopolies, but places private-pay teams at a competitive disadvantage in mixed duopolies. Competition is softened by …
Persistent link: https://www.econbiz.de/10011580502
-pay duopolies, but places private-pay teams at a competitive disadvantage in mixed duopolies. Competition is softened by …
Persistent link: https://www.econbiz.de/10011569085