Showing 1 - 10 of 951
This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...
Persistent link: https://www.econbiz.de/10010305097
I study the design of dynamic certification schemes for firms that are privately informed about their competence and their efforts towards quality provision. I identify the certifier's tension between disclosing firms' track records to consumers and providing effort incentives to firms, and show...
Persistent link: https://www.econbiz.de/10013245386
This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...
Persistent link: https://www.econbiz.de/10009151459
The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and investment likely. On the other hand, the ability of firms to...
Persistent link: https://www.econbiz.de/10011418846
We use a major new survey of UK firms, the Decision Maker Panel, to assess the impact of the June 2016 Brexit referendum. We identify three key results. First, the UK's decision to leave the EU has generated a large, broad and long-lasting increase in uncertainty. Second, anticipation of Brexit...
Persistent link: https://www.econbiz.de/10012863862
We use a major new survey of UK firms, the Decision Maker Panel, to assess the impact of the June 2016 Brexit referendum. We identify three key results. First, the UK's decision to leave the EU has generated a large, broad and long-lasting increase in uncertainty. Second, anticipation of Brexit...
Persistent link: https://www.econbiz.de/10012864628
This paper extends the standard Hotelling model with quadratic transport costs to the multi-firm case. Considering locational equilibria we show that neither holds the Principle of Maximum Differentiation - as in the duopoly model - nor does the Principle of Minimum Differentiation - as in the...
Persistent link: https://www.econbiz.de/10005841039
This paper considers a matchmaker game in the Shapley-Shubik(1971) (one-to-one) assignment problem. Each …rm proposes how muchit is willing to pay each worker if they are matched. Each worker alsoproposes which salary she is willing to accept from each …rm if they arematched. The matchmaker...
Persistent link: https://www.econbiz.de/10009302542
Persistent link: https://www.econbiz.de/10012503522
Leadership communication with multiple managers and its influence on internal integration of different functional areas … Communication Management -- Project communication as a key function in agile organization forms – An analysis using the Wellenreiter … Capital of Companies -- Blurring the lines: How Social Media Managers transform Business Communication -- Current Status of …
Persistent link: https://www.econbiz.de/10012596839