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I argue that increased foreign competition can affect technical choice and skill differentials even when actual imports …
Persistent link: https://www.econbiz.de/10005123638
-a-vis (potential) transit countries. By applying the Shapley value as a solution for multilateral bargaining we find that competition …
Persistent link: https://www.econbiz.de/10005006802
between innovation and product market competition for an individual industry, based on the possibility for non …
Persistent link: https://www.econbiz.de/10005065384
I argue that increased foreign competition can affect technical choice and skill differentials even when actual imports …
Persistent link: https://www.econbiz.de/10005490143
This paper presents a model of the multinational corporation focusing on a foreign firm which wishes to operate in a particular country. The firm must choose between direct investment and production in the country and production of the product elsewhere, followed by its export into the country...
Persistent link: https://www.econbiz.de/10005498118
This paper deals with capacity constrained price competition in a duopoly model. The model resembles that in Kreps and …
Persistent link: https://www.econbiz.de/10005423864
with investment in the first and duopoly competition in the second stage, we compare profit-maximizing investment with …
Persistent link: https://www.econbiz.de/10005579714
Does risk aversion lead to softer or fiercer competition? To give a complete answer, I provide a framework that can … accommodate a wide range of alternative assumptions regarding the nature of competition and types of uncertainty. I show how more … risk aversion will influence a firm's best response strategies, and that competition is unambiguously softer only in case …
Persistent link: https://www.econbiz.de/10005649373
We explore the equity market impact of board announcements of corporate donations made in response to the May 12th 2008 Wenchuan earthquake in China. Our event study uses a sample of board announcements of corporate donations from Chinese A-share listed companies. We find that donor companies...
Persistent link: https://www.econbiz.de/10010572488
We develop an oligopoly model in which firms facing unionised domestic labour markets choose between producing an intermediate good in-house and outsourcing it to a non-unionised foreign supplier that makes a relationship-specific investment in developing the intermediate. The paper sheds light...
Persistent link: https://www.econbiz.de/10010577401