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Haggling for Rents, Relational Contracts, and the Theory of the Firm

Gürtler, Oliver - 2006

In this paper, a formal rent-seeking theory of the firm is developed. The main idea is that integration (compared to … non-integration) facilitates rent-seeking for the integrating party, but makes it harder for the integrated one. In a one …-period model, this implies that the rent-seeking contest becomes more uneven and the parties rent-seek less. Here, integration is …

Persistent link: https://www.econbiz.de/10010333756

Optimal Ownership Structures in the Presence of Investment Signals

Gürtler, Oliver - 2006

The property-rights approach to the theory of the firm is extended by introducing distorted signals of the parties.investments. Investment incentives are then given in two ways, by allocating ownership rights and by tying pay to the signal realization. Optimal incentive strength, that is, the...

Persistent link: https://www.econbiz.de/10010333868

Gender, source country characteristics and labor market assimilation among immigrants: 1980 - 2000

Blau, Francine D.; Kahn, Lawrence M.; Papps, Kerry L. - 2008

We use 1980, 1990 and 2000 Census data to study the impact of source country characteristics on the labor supply assimilation profiles of married adult immigrant women and men. Women migrating from countries where women have high relative labor force participation rates work substantially more...

Persistent link: https://www.econbiz.de/10010268925