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We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in larger units are disadvantaged in the grand (organization-wide) contest...
Persistent link: https://www.econbiz.de/10012236504
We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are advantaged in the grand (organization-wide) contest for...
Persistent link: https://www.econbiz.de/10013341970
behavior, at least one of these actors is always missing. By contrast, the present paper's oligopoly model includes all three …
Persistent link: https://www.econbiz.de/10012425162
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set the same...
Persistent link: https://www.econbiz.de/10011536414
This study considers endogenous determination of domestic standards on products that cause negative consumption externalities in the presence of a preferential trade agreement (PTA) in a three-country world. In particular, we examine how a PTA affects the optimal levels of external tariffs and...
Persistent link: https://www.econbiz.de/10011490666
Why are trade agreements regional? I address this question in a model of oligopoly featuring product variety. Tariffs …
Persistent link: https://www.econbiz.de/10011494467
We develop a theory of economic disintegration that features both endogenously formed tax and trade policies. We show …
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