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I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
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We study a credence goods problem - that is, a moral hazard problem with non-contractible outcome - where altruistic experts (the agents) care both about their income and the utility of consumers (the principals). Experts' preferences over income and their consumers' utility are convex, such...
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We analyze individuals with heterogeneous time-inconsistent preferences that consume sin goods and make a savings decision. A government may tax the sin good and provide mandatory health insurance. Due to time-inconsistency, the individual sin good and savings choices in ict internalities. Due...
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partnership with the market. Findings and Originality/value: The misunderstanding of co-creation and technical partnership was … noticed. The usage of teams working together from two or more organizations cannot be considered as a co-creation, because the … developed with more answers of Brazilian oil and gas industry companies. Originality/value: Even this kind of partnership is …
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