A general framework for the study of outsourcing is introduced that incorporates dynamics and heterogeneity among both … suppliers. Average employment in this model might increase or decrease with outsourcing, which is an observed pattern in the …

operates today require innovative, flexible and adaptive management tools, one of which is outsourcing. It improves the …

and informal workers to produce a good. In equilibrium both in-house production and outsourcing are opted for. We show …

, Gibbons and Murphy (2002). -- aggregate welfare ; theory of the firm ; relational contracting ; firm heterogeneity …

, Gibbons and Murphy (2002). -- aggregate welfare ; theory of the firm ; relational contracting ; firm heterogeneity …

We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the …

We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and …

hazard cost of providing incentives, which would be a hidden cost of outsourcing instead. Standardization later on can favor …

The issue of outsourcing jobs abroad stirs great emotion among Americans. Economic free-traders fiercely defend … outsourcing as a positive for the U.S. economy while critics contend that corporate desire for low wages solely drives this … practice. In this study I focus on a specific type of outsourcing, one which has received scant scholarly attention to date …