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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/10010662529
We explore the impact of geographically bounded intra-firm spillovers (internal agglomeration economies) and geographically bounded inter-firm spillovers (external agglomeration economies) on firms’ location strategies. Using data from the Census Bureau’s Longitudinal Business Database and...
Persistent link: https://www.econbiz.de/10010578453
This paper combines resources from the organization studies and sociology literatures to advance understanding of institutional change processes in healthcare that emerge from the professionalization projects of occupations. Conceptually, we introduce a model that combines the ‘archetype’...
Persistent link: https://www.econbiz.de/10010582365
Holmström (1982) established that free riding behaviors are pervasive whenever people are paid according to aggregate measures of output such as team incentives. However, team incentives have been found to be particularly effective both in the lab and in the field. In this paper we show, in...
Persistent link: https://www.econbiz.de/10010817415
The growing interest in informal and emergent features of organizations has accompanied changes in both the dominant forms of organization and prevailing academic views about how best to think about and research them. It is argued here that currently espoused dichotomous characterizations of...
Persistent link: https://www.econbiz.de/10008603288
Two decades of New Public Management have placed agencifiction high on the agenda of administrative policy-makers. However, agencification (and de-agencification) has been one of the enduring themes of public administration. Agencies organized at arm’s length from ministerial departments have...
Persistent link: https://www.econbiz.de/10008611106
The EU is gradually expanding its executive capacity through agencies, and some of the newcomers in the agency family have a larger regulatory potential than the previous ones. This paper analyses the genesis of the European Chemical Agency (ECHA), a newly born European regulatory agency....
Persistent link: https://www.econbiz.de/10008611122
Previous studies have shown that agencification tends to undermine political control within a government portfolio. However, doubts have been raised as regards the robustness of these findings. In this paper we document that agency officials pay significantly less attention to signals from...
Persistent link: https://www.econbiz.de/10008611125
Abstract: The creation of the World Trade Organization in 1994 with its streamlined and highly automatic system of dispute settlement has left open the question of whether we can identify a theory of its legal system. This article posits the idea that such a theory can be discerned if we...
Persistent link: https://www.econbiz.de/10008611158
Abstract: As the distinction between interpretation and politics diminishes, the need for pluralism in interpretation increases. The Article argues, first, that the rule of law requires that no one tribunal possess the power to subordinate a whole legal system to its politicized rule. The...
Persistent link: https://www.econbiz.de/10008611168