Internal Efficiency and External Conditions.

This paper develops a new analystical approach to the old question whether market conditions may influence the internal efficiency of firms. The basic textbook model of the firm is slightly extended to incorporate managers' incentives to reduce production costs in an imperfectly competitive product market.

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Year of publication:	1997
Authors:	Weibull, J-W
Institutions:	Institutet för Näringslivsforskning (IFN)
Subject:	MARKET STRUCTURE \| BUSINESS ORGANIZATION \| PRODUCTION

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Series:	Research Institute of Industrial Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	17 pages
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; D24 - Production; Capital and Total Factor Productivity; Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486493