Showing 141 - 150 of 451
Persistent link: https://www.econbiz.de/10001149230
Persistent link: https://www.econbiz.de/10000939232
Persistent link: https://www.econbiz.de/10000952279
Persistent link: https://www.econbiz.de/10000989755
Persistent link: https://www.econbiz.de/10001588204
We study how informal buyer-supplier relationships in the German automotive industry affect procurement. Using unique data from a survey focusing on these, we show that more trust, the belief that the trading partner acts to maintain the mutual relationship, is associated with both higher...
Persistent link: https://www.econbiz.de/10012649766
Persistent link: https://www.econbiz.de/10013259556
In this paper we endogenize the number and characteristics of lobbies in a citizen-candidate model of representative democracy where citizens can lobby an elected policy-maker. We find that lobbying always matters. That is, lobbying always affects equilibrium policy outcomes. Moreover, only one...
Persistent link: https://www.econbiz.de/10009781567
The restructuring of a bankrupt company often entails the sale of such company. This paper suggests a way to sell the company that maximizes the creditors' proceeds. The key to this proposal is the option left to the creditors to retain a fraction of the shares of the company. Indeed, by...
Persistent link: https://www.econbiz.de/10009781568
In an environment in which both buyers and sellers can undertake match specific investments, the presence of market competition for matches may solve hold-up and coordination problems generated by the absence of complete contingent contracts. In particular, this paper shows that when matching is...
Persistent link: https://www.econbiz.de/10009781594