Results 91 to 100 of about 1,666,731 (208)
Optimal Degree of Foreign Ownership under Uncertainty [PDF]
This paper studies the integration strategies of multinational firms in a multiperiod model under incomplete contracts and uncertainty. I incorporate continuous levels of integration to the study of organizational choice in an existing model of foreign ...
Bircan, Çağatay
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Modeling the location decisions of firms
, 2014 The paper analyzes the birth process of small and medium manufacturing firms in Tuscany, an Italian region. In particular it explores, through a spatial microeconometric approach, the possible determinants of the location decisions of the new firms. The geographical distribution of the manufacturing firms born in Tuscany between the 2005 and the 2008 ...
Chiara Bocci +2 more
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Measuring Investment Distortions when Risk-Averse Managers Decide Whether to Undertake Risky Projects [PDF]
This paper examines distortions in corporate investment decisions when a new project changes firm risk. It presents a dynamic model in which a self-interested, risk-averse manager makes investment decisions at a levered firm.
Allen M. Poteshman +2 more
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A SMOOTH AMBIGUITY MODEL OF THE COMPETITIVE FIRM
Bulletin of Economic Research, 2015 ABSTRACTThis paper examines the optimal production decision of the competitive firm under price uncertainty when the firm's preferences exhibit smooth ambiguity aversion. Ambiguity is modeled by a second‐order probability distribution that captures the firm's uncertainty about which of the subjective beliefs govern the price risk. Ambiguity preferences
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Fiscal competition for FDI when bidding is costly [PDF]
, 2013 We introduce bidding costs into a standard model of tax/subsidy competition between two potential host countries to attract the plant of a monopoly firm. Such a bidding cost, even if it is infinitesimal, qualitatively alters the resulting equilibrium. At
Ferrett, Ben, Wooton, Ian
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Macroeconomic fluctuations and firm entry : theory and evidence [PDF]
This paper studies the behaviour of firm entry and exit in response to macroeconomic shocks. We formulate a dynamic stochastic general equilibrium model with an endogenous number of producers.
Vivien Lewis
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Policy Reform and Aid Effectiveness in Africa [PDF]
We present a model of vertical product differentiation and exit where a domestic and a foreign firm face fixed setup costs and quality-dependent costs of production and compete in quality and price in the domestic market.
Mina Baliamoune
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Market Size and Vertical Structure in the Railway Industry [PDF]
We provide a theoretical framework to discuss the relation between market size and vertical structure in the railway industry. The framework is based on a simple downstream monopoly model with two input suppliers, labor forces and the rail infrastructure
Fumitoshi Mizutani, Noriaki Matsushima
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Oligopolistic Agreement and/or Superiority?: New Findings from New Methodologies and Data [PDF]
The influential Scherer and Ross text (1990, p. 411) states that the main question in empirical industrial organization in the latter part of the twentieth century is Bains (1951) collusion or agreement hypothesis versus Demsetzs (1973) superior firm ...
Jakubson, George +3 more
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