Directory UMM :Journals:Journal Of Public Economics:Vol79.Issue3.Mar2001:
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After the worker’s decision in stage (iii), it is possible for either the owner of the private firm (the residual claimant) or, in the case of government provision, the bureaucrat,
This analysis has the following objectives: (1) to examine whether merging hospitals increased prices for all DRGs including those where they did not gain market power, (2) to
To further examine the important issue of the treatment of not-for-profit hospitals in antitrust cases, Section VI briefly traces solutions for Cournot equilibrium and monopoly when
Prices, quantities traded, and earnings generated by agents participating in laboratory double auctions in this linked market institution are compared with those from PTO only and
Faculty are expected to have a greater influence over decisions concerning appointments and tenure, curriculum, and general faculty governance; while administrators are expected to
A decrease in input directly reduces the size of the hoarding ‘budget’ available to the low cost firm; this increases x, the amount of additional effort required by the low type
An increase in the profit tax rate from 0 to 0.10 would increase the domestic output and market share of the host firm, and lower the on-site production of the MNC such that the
This investigation indicates that the combination of the CEO and chairman of the board into one position may influence the internal control system of a banking firm in such a way as