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When Sharing Platforms Fix Sellers' Prices

Nowag, Julian - 2018

While price-fixing on platforms can attract severe enforcement action, as shown by the Amazon poster case, a more nuanced picture emerges regarding the fixing of prices for sellers by sharing economy platforms. This paper explores possible antitrust responses to such centralised platform-driven...

Persistent link: https://www.econbiz.de/10012914371

Contract Mixing in Franchising as a Mechanism for Public Good Provision

Bai, Chong-En; Tao, Zhigang - 2001

This paper is concerned with the coexistence of company-owned units and franchised units in business format franchising and their different contractual arrangements. Drawing insights from case studies that indicate both the development and the maintenance of company-wide brand names and...

Persistent link: https://www.econbiz.de/10014179788

Contract Mixing in Franchising as a Mechanism for Public Good Provision

Bai, Chong-En; Tao, Zhigang - 1999

Persistent link: https://www.econbiz.de/10014181954

Hierarchical Control and Altruistic Differences

Farlee, Mitchell A. - 2010

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

Trust and Governance : Untangling a Tangled Web

Puranam, Phanish; Vanneste, Bart - 2009

There is much debate and diversity of results in the literature on the relationships between formal governance and trust. Drawing on concepts such as substitution, complementarity and crowding out, scholars have variously argued for (and found evidence consistent with) both positive and negative...

Persistent link: https://www.econbiz.de/10014219679

Beyond Product Architecture : Division of Labor and Competence Accumulation in Complex Product Development

Zirpoli, Francesco; Becker, Markus C. - 2009

Firms that develop complex products have a strong incentive to leverage the suppliers’ specialized knowledge. On the other hand, firms are often confronted with a trade-off between the benefits of leveraging external sources of innovation and the benefits of competence accumulation provided by...

Persistent link: https://www.econbiz.de/10014222516

Unbundling Competitive Heterogeneity : Incentive Structures & Capability Influences on Technological Innovation

Leiblein, Michael J.; Madsen, Tammy L. - 2014

Many studies argue that the continual creation of new ideas by small and young firms steadily destroys the competitive positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation remain exceedingly fragile. This paper proposes...

Persistent link: https://www.econbiz.de/10014048516

Adam Smith's Industrial Organization of Religion : Explaining the Medieval Church's Monopoly and Its Breakdown in the Reformation

Weingast, Barry R. - 2015

Adam Smith characterized the medieval Roman Catholic Church as a force impeding Europe’s process of development. The Church was, in Smith words, “the most formidable combination that ever was formed against the authority and security of civil government, as well as against the liberty,...

Persistent link: https://www.econbiz.de/10014132532

Managing Uncertainty, Evolution and Design in Behavioral Economic Analysis

Azpúrua Alfonzo, José Miguel - 2015

, Evolution and Economic Theory; and furthered by Geoffrey Manne and Todd Zywicki in their recent paper titled Uncertainty …, Evolution, and Behavioral Economic Theory. Alchian’s thesis relied on an evolutionary understanding of firms’ activities in the … present work concludes that Alchian’s evolutionary theory does not account for the interpretation that economic actors render …

Persistent link: https://www.econbiz.de/10014138230

Idiosyncratic Investments, Outside Opportunities and the Boundaries of the Firm

Kerschbamer, Rudolf; Maderner, Nina; Tournas, Yanni - 2001

This paper adopts the incomplete contracting perspective to study a firm's continuous choice between producing an essential input in-house (full integration), buying it from an outside supplier (non-integration) and doing a combination of both (tapered integration), when (i) an idiosyncratic...

Persistent link: https://www.econbiz.de/10014142263