Showing 1 - 10 of 1,951
to collude among bidding participants due to a provision of a simple communication channel. The results suggest that the … combinatorial bidding format does not bring higher efficiency. Allowing for communication increases efficiency in both examined … allocation compared to the auction formats without the communication channel. Combinatorial bidding on packages makes the …
Persistent link: https://www.econbiz.de/10011305158
By facilitating the flow of information in society, communications technology (CT; e.g., newspapers, radio, television, the internet) can help terrorists to (i) spread their message, (ii) recruit followers, and (iii) coordinate among group members. However, CT also facilitates monitoring and...
Persistent link: https://www.econbiz.de/10011825226
Persistent link: https://www.econbiz.de/10014465178
We provide a simple model to investigate decisions about vertical separation. The key feature of this model is that more than one input is required for the final product of the downstream monopolist. We show that as the bargaining powers of independent complementary input suppliers grow larger,...
Persistent link: https://www.econbiz.de/10003921809
We provide a simple model to investigate decisions on vertical integration/separation. The key feature of this model is that more than one input is required for the final products of the local downstream monopolists. Depending on their cost structure, downstream firms' decisions on vertical...
Persistent link: https://www.econbiz.de/10003929957
Services are characterised by the integration of customers while the service is produced. This integration leads to interruptions in the processing of a customer order until the customer provides the missing input. Since customer behaviour can be planned to a certain extent only challenges in...
Persistent link: https://www.econbiz.de/10009234694
Financial services are characterised by the integration of customers while the service is being delivered. This integration leads to interruptions and thus delays in the processing of a customer order until for example the customer provides the missing input. Because customer behaviour can only...
Persistent link: https://www.econbiz.de/10009404777
Persistent link: https://www.econbiz.de/10010191259
Persistent link: https://www.econbiz.de/10010191261
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10009786022