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Preferential Trade Agreements and Global Sourcing

Ornelas, Emanuel - 2019

We study how a preferential trade agreement (PTA) affects international sourcing decisions, aggregate productivity and welfare under incomplete contracting and endogenous matching. Contract incompleteness implies underinvestment. That inefficiency is mitigated by a PTA, because the agreement...

Persistent link: https://www.econbiz.de/10012892256

Preferential Trade Agreements and Global Sourcing

Ornelas, Emanuel - 2020

We develop a new framework to study the welfare consequences of preferential trade agreements (PTAs) under global sourcing, incomplete contracts and endogenous matching. We uncover several new channels through which PTAs affect global welfare. There are effects stemmingfrom intensive margin...

Persistent link: https://www.econbiz.de/10012851076

Learning and the Law : Improving Behavioral Regulation from an International and Comparative Perspective

Dimitropoulos, Georgios - 2018

Various disciplines increasingly are discovering the power of learning. However, the potential and the complexities of learning theory in decision making contexts have so far been neglected by scholarship in Law and Economics as well as Behavioral Law and Economics: either learning is...

Persistent link: https://www.econbiz.de/10012934826

Economics: an emerging small world?

Goyal, Sanjeev; Leij, Marco van der; Moraga-González, … - 2003

This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands....

Persistent link: https://www.econbiz.de/10011334330

Economics: An Emerging Small World?

Goyal, Sanjeev; van der Leij, Marco; Moraga, Jose Luis - 2004

Persistent link: https://www.econbiz.de/10010325260

Market, Hierarchy, and Trust : The Knowledge Economy and the Future of Capitalism

Adler, Paul S. - 1999

-typical forms of organization and their corresponding key coordination mechanism: market/price, hierarchy/authority, and community …

Persistent link: https://www.econbiz.de/10014043213

Quantifying expenditure hierarchies and the expansion of global consumption diversity

Chai, Andreas; Stepanova, Elena; Moneta, Alessio - 2022

heterogeneity and income inequality is negatively correlated with market depth. …

Persistent link: https://www.econbiz.de/10013402052

Market Transparency, Adverse Selection, and Moral Hazard

Klein, Tobias J. - 2014

We study the effects of improvements in market transparency on eBay on seller exit and continuing sellers' behavior. An … improvement in market transparency by reducing strategic bias in buyer ratings led to a significant increase in buyer valuation … latter because of lower cost. Increasing market transparency improves on market outcomes …

Persistent link: https://www.econbiz.de/10013060478

Causes and consequences of merger waves

Kleinert, Jörn; Klodt, Henning - 2002

This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis that sectoral shocks are at the root of merger waves....

Persistent link: https://www.econbiz.de/10010271917

Economics : an emerging small world?

Moraga-González, José Luis; van der Leij, Marco J.; … - 2004

Persistent link: https://www.econbiz.de/10010276885