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Endogenous market structure and the cooperative firm
Hueth, Brent; Moschini, GianCarlo - In: Economics Letters 124 (2014) 2, pp. 283-285
When the threat of entry by followers includes cooperative firms, the maximum fixed cost that a profit maximizing leader can endure is endogenous. The aggressive strategy required for entry-deterrence curtails the leader’s expected profit and can discourage its initial entry. In such...
Persistent link: https://www.econbiz.de/10010933295
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The top-dog and the lean and hungry look strategies in endogenous entry
Cato, Susumu; Oki, Ryoko - In: Economic Modelling 28 (2011) 6, pp. 2776-2782
This paper examines the strategic commitment behavior of heterogeneous leaders in an endogenous market structure. We demonstrate that each leader's investment level is independent of the other leaders' characters. Furthermore, we show that a leader over-invests (resp. under-invests) when an...
Persistent link: https://www.econbiz.de/10010573365
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Endogenous Market Structure and the Cooperative Firm
Moschini, GianCarlo; Hueth, Brent - Food and Agricultural Policy Research Institute … - 2014
When the threat of entry by followers includes cooperative firms, the maximum fixed cost that a profit maximizing leader can endure is endogenous. The aggressive strategy required for entry deterrence curtails the leader's expected profit and can discourage its initial entry. In such...
Persistent link: https://www.econbiz.de/10011170168
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Endogenous Market Structure and the Cooperative Firm
Moschini, GianCarlo; Hueth, Brent - Center for Agricultural and Rural Development (CARD), … - 2014
When the threat of entry by followers includes cooperative firms, the maximum fixed cost that a profit maximizing leader can endure is endogenous. The aggressive strategy required for entry deterrence curtails the leader's expected profit and can discourage its initial entry. In such...
Persistent link: https://www.econbiz.de/10011170188
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Intangible Investment and Technical Efficiency: The Case of Software-Intensive Manufacturing Firms in Turkey
Findik, Derya; Tansel, Aysit - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011307465
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Economies of scope in European railways: an efficiency analysis
Growitsch, Christian; Wetzel, Heike - 2006
In this paper, we conduct a pan-European efficiency analysis to investigate the performance of European railways with a … and, thus, produce railway services with a higher level of efficiency. To determine whether joint or separate production … is more efficient, we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency …
Persistent link: https://www.econbiz.de/10010265126
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Economies of Scope in European Railways: An Efficiency Analysis
Wetzel, Heike; Growitsch, Christian - 2006
production and, thus, produce railway services on a higher level of efficiency. To determine whether joint or separate production … is more efficient we apply a Data Envelopment Analysis super-efficiency bootstrapping model which relates the efficiency … aufweisen als vertikal separierte Unternehmen. Dazu berechnen wir ein Data Envelopment Analysis super-efficiency bootstrapping …
Persistent link: https://www.econbiz.de/10010269952
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Intangible investment and technical efficiency: The case of software-intensive manufacturing firms in Turkey
Fındık, Derya; Tansel, Aysit - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011440129
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Intangible investment and technical efficiency: The case of software-intensive manufacturing firms in Turkey
Findik, Derya; Tansel, Aysıt - 2015
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011445859
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Asymmetric vertical integration
Buehler, Stefan; Schmutzler, Armin - 2004
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10010315532