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implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis … of the various types of transaction costs is also essential in the “make or buy” and location decisions in global … sourcing. A distinction can be made between “hard” and “soft” transaction costs. Soft transaction costs are difficult to …
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This paper focuses on ignored issues regarding the impact of trade reforms in transition economies. These economies are primarily characterized by a low quality of their products, large depreciations of their currencies, and a high degree of government intervention in economic activity. These...
Persistent link: https://www.econbiz.de/10011304378
Anti-dumping actions are now the trade policy of choice of developing and transition economies. To understand why these economies have increasingly applied anti-dumping laws, we build a simple theoretical model of vertical intra-industry trade and investigate the strategic incentives of...
Persistent link: https://www.econbiz.de/10011342568
We build a simple theoretical model to understand why developing and transition economieshave increasingly applied anti-dumping laws. To that end, we investigate the strategic incentivesof oligopolistic exporting firms to undertake dumping in these economies. We show that dumpingmay be due to...
Persistent link: https://www.econbiz.de/10011342572
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In this paper we propose a Branch and Price algorithm for solving multi-periodsingle-sourcing problems. In particular, we generalize a Branch and Price algorithm thatwas developed for the Generalized Assignment Problem (GAP) to a class of convexassignment problems. We then identify an important...
Persistent link: https://www.econbiz.de/10011302616
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This paper explores the feasibility to extend the Standard Cost Model (SCM) for calculating the costs of government … regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … authorities and economic entities. From that perspective these transaction costs do not only relate to the bonding costs of the …
Persistent link: https://www.econbiz.de/10011377583