Cities differ dramatically with respect to the extent in which their economic and other activities are diversified. Some cities are specialized, while other cities harbour a myriad of organizations, performing a huge variety of activities. An unanswered question is: Where does such...

A monopoly firm locates in multidimensional product characteristics' space by setting a price that maximizes its profits. The monopoly market area (MMA) it serves strikes the happy medium between lower price and larger MMA, assuming absence of price discrimination, by setting the price at the...

Dit is een bijzonder onderzoekmemorandum: niet vanwege de inhoud, hoewel die ongetwijfeld controversieel zal blijken te zijn, maar omdat het een memorandum is dat het eerste produkt is van een nieuw instituut. Eind 1996 is in Maastricht het Netherlands Institute of Business Organization and...

We investigate the relationship between gender and foreign language anxiety (FLA) in the second language (L2: English) of 320 adult bilinguals (L1: Dutch) outside the foreign language learning context. Results show that females experience higher levels of FLA. The association between gender and...

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Dit is een bijzonder onderzoekmemorandum: niet vanwege de inhoud, hoewel die ongetwijfeld controversieel zal blijken te zijn, maar omdat het een memorandum is dat het eerste produkt is van een nieuw instituut. Eind 1996 is in Maastricht het Netherlands Institute of Business Organization and...

This paper merges two theoretical perspectives in a mathematical game model: industrial organization on the one hand, which basically is the economic theory of market competition and firm strategies, and organizational ecology on the other, which is a major sociological tradition that studies...

This paper develops and tests a model explaining diversity within top executive management teams from the perspective of selective turnover. We draw on two theoretical perspectives to describe the pull toward team homogenization (low diversity) and the push toward team heterogenization (high...

In this paper, we consider a two-stage (sequential) game as introduced by Vickers (1985),Fershtman (1985), Fershtman and Judd (1987) and Sklivas (1987). This game models the situation where the owners of competing firms manipulate their managers'' incentive contracts for strategic reasons....

The industrial organization of transactions has changed dramatically during the past decade (Thompson and Wright, 1988). Several scholars have discussed and documented the phenomenon of what has been called `the shrinking organization'' (Ford and Farmer, 1986; Lichtenberg, 1992). The apparent...