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the loser-selecting tournament, which means the promotion ratio is more than one-half, workers prefer a low risk approach … or a common approach which peers also know well; on the other hand, under the winner-selecting tournament, which means … results suggest that the loser-selecting tournament is more efficient than the winner-selecting tournament in terms of the …
Persistent link: https://www.econbiz.de/10009431285
This paper examines the preferences of a foreign firm and awelfare-maximizing host country government over two modes of foreigndirect investment (FDI): de novo entry by the foreign firm andacquisition of the domestic incumbent. Two crucial features of the modelare the presence of network...
Persistent link: https://www.econbiz.de/10009435076
This paper examines the justifications, history, and practice ofregulation in the US telecommunications sector. We examine the impact oftechnological and regulatory change on market structure and businessstrategy. Among others, we discuss the emergence and decline of thetelecom bubble, the...
Persistent link: https://www.econbiz.de/10009435083
We propose a general model of imperfect competition among multi-productfirms, the consumption of whose goods yields externalities from oneconsumer to another. We extend the allocation approach of Weyl (2010)'smonopoly model, proposing a solution concept, Insulated Equilibrium,that allows for...
Persistent link: https://www.econbiz.de/10009435179
This paper investigates the results of competition between two profit-seeking telecommunications carriers, as might occur when cable TV providers compete with local exchange carriers. Each firm has a fixed capacity that it can use to offer two different services, such as telephony or video. We...
Persistent link: https://www.econbiz.de/10009441052
ten cartels. Contrary to conventional wisdom, and consistent with the more recent oligopoly trade models, we find no …
Persistent link: https://www.econbiz.de/10009476567
oligopoly and employs a general specification of the environmental damage function that encompasses special cases of local … exchange) in determining optimal cooperative and non-cooperative tax policy under oligopoly. …
Persistent link: https://www.econbiz.de/10009485611
Consumers voluntarily pay significant price premiums to acquire unobservable environmental attributes in green markets. This paper considers the performance of eco-certification policy under circumstances where consumers cannot discern environmental attributes in goods, but are able to form...
Persistent link: https://www.econbiz.de/10009485627
manager. Furthermore, we hypothesize that optimistic managers embody positive leadership—employing a strengths-based approach … productivity of their employees. In a cross-sectional study of 86 employees and 17 managers in an Information Technology (IT … subset of this data prospectively, with 39 employees and 14 managers, manager optimism predicted project performance. Our …
Persistent link: https://www.econbiz.de/10009438614
Nardelli, the lives of these high ranking corporate managers have been extensively scrutinized. However, despite the numerous … interview senior level managers and executives within local companies and see what their experience and success has taught them …
Persistent link: https://www.econbiz.de/10009450224