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A popular way of obtaining essential inputs requires the establishment of an input production joint venture (IPJV) in the upstream (U) section of the vertical chain of production by firms competing and selling final goods in the downstream (D) section of the vertical chain. In spite of the...
Persistent link: https://www.econbiz.de/10011737960
How agents assess the (in-)tangible externalities that others might impose on them can strongly influence strategic interaction. This study explores mechanism design for agents whose externality assessments and private payoffs, exclusive of externalities, are all subject to asymmetric...
Persistent link: https://www.econbiz.de/10011773839
Improving a company's bargaining position is often cited as a chief motivation to vertically integrate with suppliers … bargaining power against other suppliers in the production process. The cost of integration is a loss of exibility in choosing …
Persistent link: https://www.econbiz.de/10011774667
We augment an otherwise standard business cycle model with a richer government sector, and add a modified cash in advance considerations, and one-period-ahead nominal wage contracts. In particular, the cash in advance constraint of Cooley and Hansen (1989) is extended to include private...
Persistent link: https://www.econbiz.de/10011796549
bargaining position of the spouse with a claim for maintenance in the case of a potential divorce prior to the law change …. Therefore, the present study helps to verify bargaining models by considering the 2008 policy change as a shift of spousal … bargaining power. Estimating difference-in-differences models I find that, indeed, wives who face a potential low alimony loss …
Persistent link: https://www.econbiz.de/10011802026
test the robustness of theoretical predictions. To illustrate this point we conduct a three-person bargaining experiment … assumptions, our less structured experiment provides new insights into how multilateral bargaining may play out in real world …
Persistent link: https://www.econbiz.de/10011889435
Wage structure, raises, and mobility : an introduction to international comparisons of the structure of wages within and across firms / Edward P. Lazear and Kathryn L. Shaw -- Adjusting imperfect data : overview and case studies / Lars Vilhuber -- Wage structure and labor mobility in the United...
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