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Double inefficiency in optimally organized firms

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  • Bos, Dieter
  • Peters, Wolfgang
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Public Economics.

    Volume (Year): 56 (1995)
    Issue (Month): 3 (March)
    Pages: 355-375

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    Handle: RePEc:eee:pubeco:v:56:y:1995:i:3:p:355-375

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    Web page: http://www.elsevier.com/locate/inca/505578

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    References

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    1. Beckmann, Martin J., 1977. "Management production functions and the theory of the firm," Journal of Economic Theory, Elsevier, vol. 14(1), pages 1-18, February.
    2. Jerry A. Hausman & James M. Poterba, 1987. "Household Behavior and the Tax Reform Act of 1986," NBER Working Papers 2120, National Bureau of Economic Research, Inc.
    3. Gaynor, Martin, 1992. " More on Moral Hazard in Organizations: Reply," Public Choice, Springer, vol. 74(2), pages 257-62, September.
    4. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-95, December.
    5. Martin Gaynor, 1989. "The presence of moral hazard in budget breaking," Public Choice, Springer, vol. 61(3), pages 261-267, June.
    6. Fershtman, Chaim, 1990. "The Interdependence between Ownership Status and Market Structure: The Case of Privatization," Economica, London School of Economics and Political Science, vol. 57(227), pages 319-28, August.
    7. Ballard, Charles L & Shoven, John B & Whalley, John, 1985. "General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States," American Economic Review, American Economic Association, vol. 75(1), pages 128-38, March.
    8. Eric Rasmusen, 1987. "Moral Hazard in Risk-Averse Teams," RAND Journal of Economics, The RAND Corporation, vol. 18(3), pages 428-435, Autumn.
    9. Boardman, Anthony E & Vining, Aidan R, 1989. "Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-Owned Enterprises," Journal of Law and Economics, University of Chicago Press, vol. 32(1), pages 1-33, April.
    10. Nett, Lorenz & Peters, Wolfgang, 1993. "The uniqueness of the subscription equilibrium with endogenous labor supply," Economics Letters, Elsevier, vol. 42(2-3), pages 139-142.
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    Cited by:
    1. Toshihiro Matsumura & Noriaki Matsushima & Ikuo Ishibashi, 2009. "Privatization and entries of foreign enterprises in a differentiated industry," Journal of Economics, Springer, vol. 98(3), pages 203-219, December.
    2. Juan Carlos Bárcena-Ruiz, 2008. "Are the public firms more innovative than the private ones?," Prague Economic Papers, University of Economics, Prague, vol. 2008(2), pages 157-167.

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