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We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher...
Persistent link: https://www.econbiz.de/10008853846
We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher...
Persistent link: https://www.econbiz.de/10008854478
The effect of competition on the quality of health care remains a contested issue. Most empirical estimates rely on … the impact of competition on hospital outcomes. The English government introduced a policy in 2006 to promote competition … competition on not only clinical outcomes but also productivity and expenditure. Our data set is large, containing information on …
Persistent link: https://www.econbiz.de/10008854479
The objective of this study is to examine the effect of ownership structure and competition on risk-taking behaviour of … ownership structure. Concentration is used as a measure of competition. Three control variables are also included in the …
Persistent link: https://www.econbiz.de/10011143923
Entrepreneurs must experiment to learn how good they are at a new activity. What happens when the experimentation is financed by a lender? Under common scenarios, i.e., when there is the opportunity to learn by "starting small" or when "no-compete" clauses cannot be enforced ex-post, we show...
Persistent link: https://www.econbiz.de/10011144192
This paper analyses firms’ behaviour towards compatibility and the relation of these decisions with their incentives to invest into improving their durable, network goods. By using a sequential game where the dominant firm plays first, we give its competitor the ability to build on innovations...
Persistent link: https://www.econbiz.de/10011144229
The importance of sunk costs in economic decision making is a major source of disagreement between neoclassical and behavioral economists. We provide a direct test of the role played by sunk costs using evidence from the National Basketball Association. Because teams have a greater financial and...
Persistent link: https://www.econbiz.de/10011144253
In this paper we addressed the issue of competition, emphasizing its influence on the final consumers' welfare, the … main beneficiary of the competition. We studied the evolution of consumer prices and the populations income …
Persistent link: https://www.econbiz.de/10011144396
exhibit different prescribing behavior (volume and value of prescriptions) when confronted with more competition. As there is … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients … the level of competition. The level of competition is measured by GP density, after controlling for the number of GPs and …
Persistent link: https://www.econbiz.de/10011144447
exhibit different prescribing behavior (volume and value of prescriptions) when confronted with more competition. As there is … no monetary benefit in doing so, this type of (perceived) quality competition originates from GPs satisfying patients … the level of competition. The level of competition is measured by GP density, after controlling for the number of GPs and …
Persistent link: https://www.econbiz.de/10011144463