Termination and Coordination in Partnerships.

It is common practice for firms to pool their expertise by forming parterships such as joint ventures and strategic alliances. A Central organizational problem in such parterships is that managers may behave noncooperatively in order to advance the interests of their parent firms. We ask whether contracts can be designed so that managers will maximize total profits.

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Year of publication:	1997
Authors:	Minehart, D. ; Neeman, Z.
Institutions:	Industry Studies Program (ISP), Department of Economics
Subject:	ENTERPRISES \| PARTNERSHIPS \| INFORMATION

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Series:	Boston University - Industry Studies Programme.
Type of publication:	Book / Working Paper
Notes:	27 pages
Classification:	D20 - Production and Organizations. General ; D23 - Organizational Behavior; Transaction Costs; Property Rights ; D44 - Auctions ; D82 - Asymmetric and Private Information ; L14 - Transactional Relationships; Contracts and Reputation; Networks ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005486722