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Persistent link: https://www.econbiz.de/10009635818
Grossman-Hart-Moore Property Rights Theory and the Transaction Cost Theory of the firm, and emphasizes the impact of … control arrangements o?ers strong support to our Property-Rights-Theory motivated model with self investment but rejects that … with cooperative investment. The Transaction-Cost-Theory motivated model leaves some important empirical findings …
Persistent link: https://www.econbiz.de/10009476694
We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect...
Persistent link: https://www.econbiz.de/10009476932
This dissertation views firms as systems of interdependent activities and investigates the role of coordination costs in setting limits to firms’ growth strategies and organization structure. It contains three interrelated studies. Study I examines the impact of coordination costs on firms’...
Persistent link: https://www.econbiz.de/10009477098
generate dead weight loss whenmaximizing producer surpluses as expected under prevailing microeconomic theory. Theuse of …
Persistent link: https://www.econbiz.de/10009443786
This honors thesis will examine current and theoretical "cap and trade" emissions trading schemes in an attempt to make recommendations on how to improve this regulated commodity market. The various control mechanisms available to regulators will be discussed: including allocation methodology,...
Persistent link: https://www.econbiz.de/10009429979
The Energy Policy and Conservation Act as amended (P.L. 94-163), establishes energy conservation standards for 12 of the 13 types of consumer products specifically covered by the Act. The legislation requires the Department of Energy (DOE) to consider new or amended standards for these and other...
Persistent link: https://www.econbiz.de/10009435741
This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The ``mean`` value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...
Persistent link: https://www.econbiz.de/10009435822
Lawrence Berkeley National Laboratory (LBNL) has prepared this report to facilitate compliance with the requirements of Section 123 of the Energy Policy Act of 1992 (EPACT). Section 123 requires the Department of Energy to issue recommendations for establishing state and local incentive programs...
Persistent link: https://www.econbiz.de/10009435900
The natural gas industry will confront many challenges in the 1990s and beyond, one of which is the development of human resources to meet future needs. An efficient, trained work force in this era of environmental concern, high technology, and alternative fuels is essential for the industry to...
Persistent link: https://www.econbiz.de/10009436082