Showing 1 - 10 of 2,164
We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and … from the investment. This raises aggregate productivity. On the other hand, the agreement yields sourcing diversion. More … tariff tips it toward harmful sourcing diversion. A PTA also affects the structure of vertical chains in the economy. As …
Persistent link: https://www.econbiz.de/10011927909
those suppliers it does affect, the rule increases investment, but it also induces excessive sourcing (for given investment …
Persistent link: https://www.econbiz.de/10013362760
chains. In this paper, we develop a dynamic property rights model of global sourcing. A domestic headquarter collaborates …
Persistent link: https://www.econbiz.de/10011308523
This paper investigates a procurement relationship between a welfare-oriented government and a private supplier. The agents face several versions of the trading good which differ in quality and production costs, and the differences between those items are undescribable ex ante. In presence of...
Persistent link: https://www.econbiz.de/10011539057
In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with a more efficient partner. However, supplier switching through search and...
Persistent link: https://www.econbiz.de/10011754216
In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with a more efficient partner. However, supplier switching through search and...
Persistent link: https://www.econbiz.de/10011741420
In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as sequence of search.A key feature of this paper which...
Persistent link: https://www.econbiz.de/10011378948
We analyze the optimal decision-making hierarchy in an organization when decision-makers of limited liability have preferences conflicting with the organization's objective and exert externalities on their counterparts. In a horizontal hierarchy, every decision is made by a different agent. In a...
Persistent link: https://www.econbiz.de/10003526226
We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism designed to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002). We test whether...
Persistent link: https://www.econbiz.de/10010481408
We provide experimental evidence for the hypothesis that bounded rationality is an important element of the theory of the firm. We implement a simplified version of a mechanism designed to perfectly solve the holdup problem under conditions of perfect rationality (Maskin 2002). We test whether...
Persistent link: https://www.econbiz.de/10011473824