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I study the effect of increasing competition on financial performance through labour leverage. To capture competition …
Persistent link: https://www.econbiz.de/10012308288
innovation intensity to escape competition. The U-shaped relation is more pronounced in industries where firms compete in …
Persistent link: https://www.econbiz.de/10012890304
the fundamental question: What is competition? Only in understanding competition can one understand what competition can … or cannot achieve under certain circumstances. This Article reexamines one premise of competition, namely the extent to … Article maps four scenarios of competition. Competition authorities should revisit their conception of competition, including …
Persistent link: https://www.econbiz.de/10014193228
countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and … to enact laws that restrain competition. Further, individual groups are largely free to lobby for laws designed to erect … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
Persistent link: https://www.econbiz.de/10014039873
Persistent link: https://www.econbiz.de/10012289937
pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011427661
The paper introduces a novel experimental procedure to elicit individual preferences for competition. In contrast to … the competitiveness measure by Niederle and Vesterlund (2007), the design disentangles preferences for competition from … preferences for competition is confirmed, however in contrast to existing studies it is unconfoundedly identified. Further more …
Persistent link: https://www.econbiz.de/10013080596
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
Persistent link: https://www.econbiz.de/10010480497
A growing body of research has contributed to understanding the labor market and political effects of globalization. This paper explores an overlooked aspect of trade-induced adjustments in the labor market: the institutional aspect. We take advantage of the two-tier collective bargaining...
Persistent link: https://www.econbiz.de/10012127295