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Production, Information and Property Regimes: Efficiency Implications in the Case of Economies of Scope
Steele, S.R. - Department of Economics, National University of Ireland - 1998
production of information. The paper considers a case of idiosyncratic risk in a dynamic grazing context where the marginality of …
Persistent link: https://www.econbiz.de/10005479092
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Changes in Information and Optimal Debt Contracts. The Sea Loan.
Gonzalez de Lara, Y - Department of Economics, European University Institute - 1997
In this paper the relevance of public and symmetric information on the enforceability of contracts will be analyze. In …
Persistent link: https://www.econbiz.de/10005557709
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Uncertainty in Partnerships.
Kelsey, D.; Spanjeres, W. - Department of Economics, University of Birmingham - 1997
In this paper we analyse the consequences of Knightian uncertainty for partnerships with symmetric linear production functions are analysed in a CEU framework. We propose an extension of Nash equilibrium in pure strategies for CEU-games with strategic uncertainty. We find that the presence of...
Persistent link: https://www.econbiz.de/10005357594
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Information, Incentives and Organizations; some Intertemporal Aspects.
Olsen, T.E.; Torsvik, G. - Institutt for Økonomi, Universitetet i Bergen - 1999
organizational design and incentives in the presence of asymmetric information and limited commitments. …
Persistent link: https://www.econbiz.de/10005783560
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Non-Monetary Collusion and Optimal Use of Information.
Leppamaki, M. - Politiikan ja Talouden Tutkimuksen Laitos, … - 1998
information in a simple hierarchy. It is shown that when only the supervisor's information about agent is used, collusion does not …
Persistent link: https://www.econbiz.de/10005775858
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Job Design and Incentives in Hierarchies with Team Production.
Itoh, H. - Institute of Social and Economic Research (ISER), Osaka … - 1996
The purpose of this paper is to examine how tasks should be allocated in a simple hierarchy consisting of an organizational designer and subordinates, in the framework of a principal-agent relationship with moral hazard.
Persistent link: https://www.econbiz.de/10005780311
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Termination and Coordination in Partnerships.
Minehart, D.; Neeman, Z. - Industry Studies Program (ISP), Department of Economics - 1997
It is common practice for firms to pool their expertise by forming parterships such as joint ventures and strategic alliances. A Central organizational problem in such parterships is that managers may behave noncooperatively in order to advance the interests of their parent firms. We ask whether...
Persistent link: https://www.econbiz.de/10005486722
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Job Design and Incentives in Hierarchies with Team Production.
Itoh, H. - Institute of Social and Economic Research (ISER), Osaka … - 1996
The purpose of this paper is to examine how tasks should be allocated in a simple hierarchy consisting of an organizational designer and subordinates, in the framework of a principal-agent relationship with moral hazard.
Persistent link: https://www.econbiz.de/10008602948
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Property Rights and Incomplete Contracts: Dealing with Nuisance.
Pitchford, R.; Snyder, C.M. - Research School of Pacific and Asian Studies, College … - 1996
information, allocates property rights over the externality based on the limiting of location. Sufficient conditions are presented …
Persistent link: https://www.econbiz.de/10005663676
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Specialization, Information, and Growth: A Sequential Equilibrium Analysis.
Ng, Y.K.; Yang, X. - Booth School of Business, University of Chicago - 1999
Pricing costs and information problems are introduced into a framework with consumer-producers, economies of … specialization, and transaction costs to predict the endogenous and concurrent evolution in division of labor and in the information … gains from information about the efficient pattern of division of labor, which can be acquired via experiments with various …
Persistent link: https://www.econbiz.de/10005780928