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efficiency analysis sensibilizes for discretionary elements in governance structures and demonstrates that not one single … sensibilisiert für Problematiken, die mit diskretionären Elementen in Governance-Strukturen verbunden sind, und zeigt, dass nicht ein …
Persistent link: https://www.econbiz.de/10010271408
perspective, a still widely underemphasized topic in the literature. -- alliance portfolio ; ego network ; governance ; sanctions … efficiency analysis sensibilizes for discretionary elements in governance structures and demonstrates that not one single … erfüllen. Die Effizienzanalyse sensibilisiert für Problematiken, die mit diskretionären Elementen in Governance …
Persistent link: https://www.econbiz.de/10003878527
This paper analyzes a sequential game where firms decide about outsourcing the production of a non-specific input good to an imperfectly competitive input market. We apply the taxonomy of business strategies introduced by Fudenberg and Tirole (1984) to characterize the different equilibria. We...
Persistent link: https://www.econbiz.de/10001783571
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10011372508
The advantage of multiple sourcing to protect against supplier failures arising from undependable products due to latent defects is examined using a model with non-linear external failure costs. Prior research has focused only on supplier failures arising from unreliable supply, such as...
Persistent link: https://www.econbiz.de/10014045047
Can formal contracts help resolving the holdup problem? We address this important question by studying the holdup problem in repeated transactions between a seller and a buyer in which the seller can make relation-specific investments in each period. In contrast to previous findings, we...
Persistent link: https://www.econbiz.de/10010277359
While price-fixing on platforms can attract severe enforcement action, as shown by the Amazon poster case, a more nuanced picture emerges regarding the fixing of prices for sellers by sharing economy platforms. This paper explores possible antitrust responses to such centralised platform-driven...
Persistent link: https://www.econbiz.de/10012914371
Can formal contracts help resolving the holdup problem? We address this important question by studying the holdup problem in repeated transactions between a seller and a buyer in which the seller can make relation-specific investments in each period. In contrast to previous findings, we...
Persistent link: https://www.econbiz.de/10009240848
Production processes are increasingly organized in international value-chain networks. The involved firms can be operating at arm’s length or be vertically integrated. Both the incidence and the direction of integration (backward or forward in the value chain) depend on specific...
Persistent link: https://www.econbiz.de/10013224089
This article employs Agent-Based Computational Economics (ACE) to investigate whether, and under what conditions, trust is viable in markets.The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers.Agents develop trust in a partner as a function of observed...
Persistent link: https://www.econbiz.de/10014065508