Showing 1 - 7 of 7
Focus of this work is on the contract known as actions-incentive. We suppose it applies to a group of producing farmers of a positive externality. This externality is perceived as a public asset which the society wishes to remunerate. When then analyse the pros and cons and the conditions...
Persistent link: https://www.econbiz.de/10005773020
We develop and estimate a model of dynamic interactions where conmmitment is limited and contracts are incomplete to explain the patterns of income and consumption in village economies of less developped countries. Households can insure through both formal contracts and informal agreements, that...
Persistent link: https://www.econbiz.de/10005773022
In this paper, we explain the ambiguous impact of a rule of non-discrimination on the relationships between manufacturers and retailers. We show that such a rule has two conflicting effects on the Formation and the sharing of profits between upstream and downstream firms. We study these elements...
Persistent link: https://www.econbiz.de/10005612433
The farming profession, as some other professions, is confronted with a crisis of confidence (food scares, environmental concerns...). This present professional crisis corresponds both with an external challenge expressed by the social and public demands and an internal trend of competencies...
Persistent link: https://www.econbiz.de/10005827742
Private labels (or own-brand products) play a prominent role for consumers in their perception of retailers' reputation. In a model where products are experience goods, a retailer has the opportunity to introduce his own store brand, or to sell a branded product. However, the retailer does only...
Persistent link: https://www.econbiz.de/10005827743
We present a methodology allowing to introduce manufacturers and retailers vertical contracting in their pricing strategies on a differentiated product market. We consider in particular two types of non linear pricing relationships, one where resale price maintenance is used with two part...
Persistent link: https://www.econbiz.de/10005272765
The objective of this paper is to develop an analytical framework for estimation of the parameters of a structural model of an incentive contract under moral hazard, taking into account agents heterogeneity in preferences. We show that allowing the principal to strategically distribute the...
Persistent link: https://www.econbiz.de/10005272772