Showing 1 - 10 of 297
Persistent link: https://www.econbiz.de/10009775059
Persistent link: https://www.econbiz.de/10008655660
Persistent link: https://www.econbiz.de/10001028368
an n to an n-1 player oligopoly after a merger in the industry. Competitors are identified via the European Commission s … the merger effect. We obtain results consistent with the predictions of standard oligopoly models: non-merging rivals …
Persistent link: https://www.econbiz.de/10010339942
The literature on the licensing of an innovation has mainly focused on some specific contract types. We show within the framework of a fairly general model that removing these contractual limitations will lead to extreme market outcomes. Specifically, we find that when the patentee can employ...
Persistent link: https://www.econbiz.de/10010342889
This paper analyzes intertemporal effort provision in two-stage tournaments. A principal with a fixed budget for prizes faces two risk-neutral agents. He observes noisy signals of effort in both periods. His goal is to maximize either total efforts (perfect substitutes) or the product of first-...
Persistent link: https://www.econbiz.de/10010338948
Managers like to think well of themselves, and of the firms that employ them. However, positive illusions can bias a … our theory in the psychology of attribution, define self-serving behavior and provide experimental and survey evidence of …-serving behavior in the presence of myopic principals, or of forward-looking principals who anticipate the limitations of managers and …
Persistent link: https://www.econbiz.de/10010341101
Persistent link: https://www.econbiz.de/10001636387
Persistent link: https://www.econbiz.de/10013501364