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Networks, law, and the paradox of cooperation

Caplan, Bryan; Stringham, Edward - Volkswirtschaftliche Fakultät, … - 2003

There is a tension between libertarians’ optimism about private supply of public goods and skepticism of the viability of voluntary collusion (Cowen 1992, Cowen and Sutter 1999). Playing off this asymmetry, Cowen (1992) advances the novel argument that the “free market in defense services”...

Persistent link: https://www.econbiz.de/10008685373

Successive Monopolies with Endogenous Quality

Zenger, Hans - Volkswirtschaftliche Fakultät, … - 2009

This paper analyzes the impact of vertical integration on product quality. Contrary to previous findings, it is shown that integration decreases quality in many natural situations. In general, the direction of the quality change is governed by three effects that are isolated in the model. This...

Persistent link: https://www.econbiz.de/10004980393

Loan Officer Authority and Small Business Lending.Evidence from a survey.

benvenuti, m.; casolaro, l.; del prete, s.; mistrulli, p. e. - Volkswirtschaftliche Fakultät, … - 2010

A vast literature has emphasized that small banks are at a comparative advantage in small business lending. In this paper, we show that apart from size, which is negatively correlated with bank specialization in small business lending, organizational characteristics affect bank loan portfolio...

Persistent link: https://www.econbiz.de/10008695052

Entrepreneurship and market order: Some historical evidence

Bitros, George C.; Minoglou, Ioanna - Volkswirtschaftliche Fakultät, … - 2006

Our objective here is to establish the proposition that creative entrepreneurship gives rise to a market order which is optimally adjusted to facilitate the introduction and the diffusion of innovations, particularly those that take the form of new markets, new organizational schemes, new...

Persistent link: https://www.econbiz.de/10005619882

Network Averaging: a technique for determining a proxy for the dynamics of networks

Bell, William Paul - Volkswirtschaftliche Fakultät, … - 2009

accurately determining the structure of real networks can be difficult and the network averaging technique provides a proxy for … real networks. A second aim is to introduce the adaptive interactive expectations (AIE) model, which uses a ‘pressure to … networks. The AIE model could be readily applied to other forms of expectations and as a replacement for the utility curve …

Persistent link: https://www.econbiz.de/10011257744

Is the Internet Bad News? The Online News Era and the Market for High-Quality News

Frijters, Paul; Velamuri, Malathi - Volkswirtschaftliche Fakultät, … - 2009

We review and model the impact of the internet on the production and uptake of high- quality news. Our review of trends in the market for news suggests 3 stylized facts: i) particular quality news markets are dominated by merely a few providers, ii) demand for quality news appears stable, but...

Persistent link: https://www.econbiz.de/10004980392

Exports and Participation in Clean Development Mechanism [CDM] in Technology Intensive Industries in India

Sahu, Santosh Kumar; Narayanan, K. - Volkswirtschaftliche Fakultät, … - 2013

This study attempts to find out the relationship between exports and Participation in Clean Development Mechanism [CDM] in the technology intensive industries in India. Data are used from the PROWESS, CMIE and the VCU (Verified Carbon Units) database from 2007 to 2012. Results of this study...

Persistent link: https://www.econbiz.de/10011107308

Same aspects regarding production management in small and medium industries under European Community integration conditions

Dumitrescu, Constantin Dan; Tent, Ionut Dacian; Cornu, … - Volkswirtschaftliche Fakultät, … - 2011

This paper aim to make a pass between the world economy and the lean six sigma system and his contribution for the reduce cost for products and realize quality improvements and cost reduction potential by a logical and well-structured training approach. In the many company, starts to implement...

Persistent link: https://www.econbiz.de/10011108142

Disclosure of environmental information and investments of firms

Iwata, Hiroki - Volkswirtschaftliche Fakultät, … - 2014

In recent years, voluntary approaches are expected to function as new environmental protection tools. This article analyzes whether environmental information of firms should be mandatorily disclosed or disclosed voluntarily, where consumers consider the environmental burdens of firms when buying...

Persistent link: https://www.econbiz.de/10011108295

Optimal quality choice under uncertainty on market development

Tamini, Lota D. - Volkswirtschaftliche Fakultät, … - 2012

This paper analyzes the impact of risk and ambiguity aversion - Knightian uncertainty - on the choice of optimal quality and timing of market entry. Irreversibility of the investment in product development is introduced in a continuous-time stochastic model applying the real option literature....

Persistent link: https://www.econbiz.de/10011108902