The central purpose of this paper is to examine the incentive contract as an equilibrium phenomenon. We analyse a model of vertical differentiation in which we deal with the strategic role of the competitor's decisions in a successive duopoly. Is it better for a processor to offer an incentive...

The aim of this study was to analyse the robustness of the efficiency ratios calculated by the original version of Data Envelopment Analysis (DEA), the modified version, as proposed by Andersen and Petersen (1993), and stochastic frontier analysis. The study was performed on the football teams...

The central purpose of this paper is to examine the incentive contract as an equilibrium phenomenon. We analyse a model of vertical differentiation in which we deal with the strategic role of the competitor's decisions in a successive duopoly. Is it better for a processor to offer an incentive...

Institutional networking is a key element in businesses' internationalisation processes and is an important strategy for promoting the long-term growth and survivability of family SMEs in the DOC Rioja wine industry. We hold that the proportion of family members in the TMT plays an important...

En España, las tendencias liberalizadoras de las últimas décadas han dado lugar a fuertescambios en la estructura industrial de importantes sectores económicos, tradicionalmenteen régimen de monopolio o de fuerte regulación. Mientras existen abundantes trabajos enla literatura dedicados a...

Although economists have expended enormous effort examining the rationale for the contracts in agriculture, few studies have been undertaken in viticulture. However, in grape and wine production we observe different contractual arrangements. The underlying contractual structures are analyzed in...

Institutional networking is a key element in businesses' internationalisation processes and is an important strategy for promoting the long-term growth and survivability of family SMEs in the DOC Rioja wine industry. We hold that the proportion of family members in the TMT plays an important...