Showing 1 - 10 of 722,213
Persistent link: https://www.econbiz.de/10001784303
Persistent link: https://www.econbiz.de/10001904125
latter?s reputation for providing an appropriate quality is damaged. The loss in value of the ownership share may outweigh … the loss due to the lower quality. The anticipation of this effect leads to reduced ex ante incentives for the supplier …?s management to raise quality. A spin-off may therefore be beneficial as it strengthens incentives. Costs and benefits of vertical …
Persistent link: https://www.econbiz.de/10010261581
latter’s reputation for providing an appropriate quality is damaged. The loss in value of the ownership share may outweigh … the loss due to the lower quality. The anticipation of this effect leads to reduced ex ante incentives for the supplier …’s management to raise quality. A spin-off may therefore be beneficial as it strengthens incentives. Costs and benefits of vertical …
Persistent link: https://www.econbiz.de/10005703228
Double marginalization causes inefficiencies in vertical markets. This paper argues that such inefficiencies may be beneficial to final consumers in markets producing vertically differentiated goods. The rationale behind this result is that enhancing efficiency in high-quality supply chains...
Persistent link: https://www.econbiz.de/10011734182
We study the timing of new technology adoption in markets with input outsourcing, and thus with vertical relations. We … find that technology adoption can take place earlier when firms engage in input outsourcing than when they produce the …
Persistent link: https://www.econbiz.de/10011346708
The optimal design of two-part tariffs is investigated in a dynamic model where two firms belonging to the same supply chain invest in R&D activities to increase the quality of the final product. It is shown that the replication of the vertically integrated monopolist's performance can be...
Persistent link: https://www.econbiz.de/10011705637
A corporation's offshore outsourcing may be seen as the result of a discrete, strategic decision taken in response to … in which the offshore outsourcing of a corporation goes through a sequence of stages towards sourcing for innovation …. Initially, a corporation's outsourcing is driven by a desire for cost minimization. Over a period of time the outsourcing …
Persistent link: https://www.econbiz.de/10014051188
Persistent link: https://www.econbiz.de/10013131757
Comparison of three related adverse selection models is presented. There is a selfish owner, a selfish employee, and an imperfectly altruistic employee. Model 1 involves hiring choice. The owner hires the altruist because he produces the same for less pay due to his positive externality for the...
Persistent link: https://www.econbiz.de/10014192375