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We consider a wide number of applications of an intrafirm bargaining game within organizations where employees and the firm engage in wage negotiations. Under our presumption that contracts cannot bind employees to the organization, the resulting stable wage and profit profiles give rise to an...
Persistent link: https://www.econbiz.de/10014148529
This paper introduces joint product design and non-linear pricing in the context of sharing markets. Product ecosystems enable user sensing, setting the stage for the control of post-purchase consumption patterns. By varying the degree to which products can be reused and transferred among peers,...
Persistent link: https://www.econbiz.de/10014090710
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10014029291
The ability of multidivisional firms to capitalize on their spillover synergies and encourage cross-divisional cooperation can play an important determinant of competitive advantage. We study these issues in an agency framework where headquarters maximize total expected firm returns by providing...
Persistent link: https://www.econbiz.de/10013491879
The main aim of this paper is to derive properties of an optimal compensation scheme for consumer cooperatives (Coops) in situations of strategic interaction with profitmaximizing firms (PMFs). Our model provides a reason why Coops are less prone than PMFs to pay variable bonuses to their...
Persistent link: https://www.econbiz.de/10014168460
Creative Commons (CC) licensing facilitates free distribution of copyright works. An Author can CC license some or all of his output to increase consumer awareness and thus his revenue from performances. The Publisher receives only a share of the revenue of the remaining copyright work. We...
Persistent link: https://www.econbiz.de/10014189501
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The core aim of this paper is to suggest comprehensive definition of the information economy and delineate the range of economic problems it deals with, paying particular attention to its connections to the economics of information. The text, in the extent provided, can not investigate...
Persistent link: https://www.econbiz.de/10005036629
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