Directory UMM :Data Elmu:jurnal:J-a:Journal of Economic Behavior And Organization:Vol42.Issue1.May2000:
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Among the political factors, the significant positive effect found for the state of the business cycle at which the company was privatized suggests that the government may have
Kritikos and Bolle (1998) argue that indenturing may allow for stable cooperation to develop between a principal and an agent in the absence of reputation effects, community
Therefore, if a sequential Prisoners Dilemma Game (the conventional transaction struc- ture) is converted into the transaction structure of the Indenture Game, Forward Induction
If the transaction efficiencies for final and intermediate goods are improved while the transaction efficiency for labor is still lower than for intermediate goods, then the
The immobility and uniqueness of the construction output also lead firms to establish a dual structure. Construction firms have a central unit, which includes the main
When both the upstream and downstream markets are monopolized, the presence of the vertical externality causes the final price to be higher and the aggregate profits to be lower than
The manager unobservably chooses the mean and standard deviation (limited by a mean-standard deviation frontier) of the process that generates his observable performance. The
3. 1 and 2 show the decisions of the subjects in the two conditions with and without contracts. The black bars indicate the amounts x given or taken by the players A, the grey bars
