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Reputational incentives may be a powerful mechanism for improving supplier performance and limiting the perverse effect of price competition on contract execution. We analyze a unique experiment run by a large utility company in Italy which introduced a new vendor rating system scoring its...
Persistent link: https://www.econbiz.de/10012979373
or decision-making. Each stage contributes to the return and costs, quality and errors of the information. The processes …
Persistent link: https://www.econbiz.de/10013138623
. The implications of the theory both for measurement and government policy are examined …
Persistent link: https://www.econbiz.de/10013135410
consistent with firms with more outside purchase contracts using less leverage to decrease the expected costs of financial …
Persistent link: https://www.econbiz.de/10013045586
format. These patterns suggest that technology lowers coordination costs, though its effect is disproportionately higher for …
Persistent link: https://www.econbiz.de/10012984719
, and innovators regard their successes as temporary. We show that, if industry leaders have lower costs of research, then …
Persistent link: https://www.econbiz.de/10013248414
We develop a model of international trade with export quality requirements and two dimensions of firm heterogeneity. In addition to "productivity", firms are also heterogeneous in their "caliber" -- the ability to produce quality using fewer fixed inputs. Compared to single-attribute models of...
Persistent link: https://www.econbiz.de/10013160158
We investigate empirically the determinants of the quality of governments in a large cross-section of countries. We assess government performance using measures of government intervention, public sector efficiency, public good provision, size of government, and political freedom. We find that...
Persistent link: https://www.econbiz.de/10013313770
I explore the estimation of transferable utility matching games, encompassing many-to-many matching, marriage and matching with trading networks (trades). I introduce a matching maximum score estimator that does not suffer from a computational curse of dimensionality in the number of agents in a...
Persistent link: https://www.econbiz.de/10013232762
We study the relationship between firms' output quality and their choice of organizational structure. To do so, we use data on each step of the production and transaction chain that makes up Peruvian fishmeal manufacturing. We first show that quality upgrading is an important motive for...
Persistent link: https://www.econbiz.de/10012945154