I study the interaction between optimal procurement and outsourcing of production in small industries. First, two …. Then the buyer designs the procurement mechanism and sellers who outsourced production subcontract with their respective …

For a repeated procurement problem, we compare two stylized negotiating cultures which differ in how the buyer uses an … entrant to exert pressure on the incumbent resembling U.S. style and Japanese style procurement. In each period, the suppliers … are privately informed about their production cost, but only the incumbent can influence the buyer s procurement mechanism …

This study attempted to analyze the effect of regulation and political stability in allocation of mobile … investment in telecommunications, a framework was developed to understand the factors that determine investments in telecom …

, fiber) access charge that maximizes the incumbent's profit after the investment. On the contrary, when the regulator is free … decision of the incumbent to undertake the investment in fiber deployment is not only affected by its profit after the … investment, but also by the opportunity cost of the investment. This cost is reflected by the profits that the incumbent earns …

crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … asymmetric information. Regulation can be welfare-improving in the presence of an externality and also in case of collateral …

Real life applications of Yardstick Regulation frequently refer to historical cost data. While Yardstick Regulation … Yardstick Regulation was meant to overcome can occur and firms can realize positive rents because of the use of historical cost …