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The Size Distribution of Businesses , Part I : A Benchmark Case.
Sutton, J. - Institutet för Näringslivsforskning (IFN) - 1996
This paper examines the evolution of a skew distribution of firm sizes from the viewpoit of the "Bounds" approach to … eddects). A model is proposed, which leads toa prediction regarding the least skew size distribution which is likely to be …
Persistent link: https://www.econbiz.de/10005639299
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The Size Distribution of Businesses. Part I: A Benchmark Case
Sutton, John - Institutet för Näringslivsforskning (IFN) - 1996
This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to … effects). A model is proposed, which leads to a prediction regarding the least skew size distribution which is likely to be … observed. This distribution provides a benchmark relative to which the impact of strategic effects on the form of the size …
Persistent link: https://www.econbiz.de/10010818311
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Balancing the Scales: Halakha, the Firm, and Information Asymmetries.
Prager, J. - C.V. Starr Center for Applied Economics, Department of … - 1996
Sellers are typically better about product quality and sales practices than are purchasers, and might be tempted to exploit their superior knowledge to deceive buyers. Firms themselves, buyers, and third-parties attempt to level the playing field with a variety of confidence-building measures,...
Persistent link: https://www.econbiz.de/10005611734
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Can random coefficient Cobb-Douglas production functions be aggregated to similar macro functions?
Biørn, Erik; Skjerpen, Terje; Wangen, Knut R. - 2004
Parametric aggregation of heterogeneous micro production technologies is discussed. A four-factor Cobb-Douglas function with normally distributed firm specific coefficients and with log-normal inputs (which agrees well with the available data) is speciffied. Since, if the number of micro units...
Persistent link: https://www.econbiz.de/10010284475
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Inflation as restructuring. A theoretical and empirical account of the U.S. experience
Nitzan, Jonathan - Volkswirtschaftliche Fakultät, … - 1992
This work is a PhD dissertation, written at the Department of Economics, McGill University. The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of...
Persistent link: https://www.econbiz.de/10005789620
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New imperialism or new capitalism?
Nitzan, Jonathan; Bichler, Shimshon - Volkswirtschaftliche Fakultät, … - 2006
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
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Excessive Competition on Headline Prices
Inderst, Roman; Obradovits, Martin - 2021
In a variety of purchasing situations, consumers may focus primarily on headline prices, ignoring the full costs associated with acquiring and maintaining a product or service contract. Even when this is the case, it is widely believed that intense competition would adequately protect consumers...
Persistent link: https://www.econbiz.de/10013190610
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Demand and Supply Side Linkages in Exporting Multiproduct Firms
Eckel, Carsten; Flach, Lisandra; Meng, Ning - 2023
Products produced by a multiproduct firm can be linked through demand linkages or supply linkages. On the demand side, changes in the price of one product can affect the demand for a firm's other products through shifts in consumer expenditures. This is commonly referred to as the...
Persistent link: https://www.econbiz.de/10014467861
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Shrinking Goods
Levy, Daniel; Snir, Avichai - 2013
If producers have more information than consumers about goods’ attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices don't change. We study a situation where producers adjust the quantity per...
Persistent link: https://www.econbiz.de/10010435128
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Theories of Trade Credit : Limitations and Applications
Bhattacharya, Hrishikes - 2008
Substantial work has been done during the past three decades to determine the theories of trade credit. But as observed by Frank and Maksimovic (1998), though the theories apply in specific circumstances, they are unable to explain the widespread use of trade credit and the empirical patterns of...
Persistent link: https://www.econbiz.de/10012722880