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A product market theory of worker training

Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004

We develop a product market theory that explains why firms invest in general training of their workers. We consider a …

Persistent link: https://www.econbiz.de/10011402873

A product market theory of training and turnover in firms

Gersbach, Hans; Schmutzler, Armin - 2001

We develop a product market theory that explains why firms invest in general training of their workers. We consider a …

Persistent link: https://www.econbiz.de/10001610642

Divisionalization in contests

Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2000

Persistent link: https://www.econbiz.de/10001470730

Merger without cost advantages

Huck, Steffen (contributor); Konrad, Kai A. (contributor); … - 2005

The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many strategic aspects matter for firm competition such as...