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We study optimal non-linear contracts offered by two firms competing for the exclusive services of workers, who are privately informed about their ability and motivation. Firms differ in their organizational form, and motivated workers are keen to be hired by the non-profit firm because they...
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Over the past decade, there has been increased interest in improving business regulations, in part because of the increased availability of data that can inform and monitor those improvements. This paper analyzes whether these regulatory changes are linked to economic outcomes. With panel data...
Persistent link: https://www.econbiz.de/10012571828
This paper examines the optimal privatization policy in vertically related markets in which an upstream public firm competes with a foreign private rival in supplying a produced input to the domestic and foreign downstream firms in the domestic market. It shows that if the upstream public firm's...
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High production costs in Nigeria result in large measure from poor public provision of electricity. This requires 97 percent of firms to depend on privately-provided power for 67 percent of the time to generate electricity costing 2.42 times more than would have been paid with reliable public...
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between competition, and regulation. It places special emphasis on the means by which private initiative is channeled into …
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Arguments in favor of school choice depend on the idea that competition between schools improves the quality of … education. However, we have almost no empirical evidence on whether competition actually affects school quality. In this study …, I examine the effects of inter-school competition on public schools by using exogenous variation in the availability and …
Persistent link: https://www.econbiz.de/10012473921