IDEAS home Printed from https://ideas.repec.org/e/c/pme165.html
   My authors  Follow this author

Margaret Meyer

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Meyer, Margaret & Moreno de Barreda, Inés & Nafziger, Julia, 2016. "Robustness of Full Revelation in Multisender Cheap Talk," CEPR Discussion Papers 11224, C.E.P.R. Discussion Papers.

    Cited by:

    1. Margaret Meyer & Inés Moreno de Barreda & Julia Nafziger, 2016. "Robustness of Full Revelation in Multisender Cheap Talk," Economics Papers 2016-W02, Economics Group, Nuffield College, University of Oxford.
    2. Szalay, Dezső & Deimen, Inga, 2015. "Information, authority, and smooth communication in organizations," CEPR Discussion Papers 10969, C.E.P.R. Discussion Papers.
    3. Lu, Shih En, 2017. "Coordination-free equilibria in cheap talk games," Journal of Economic Theory, Elsevier, vol. 168(C), pages 177-208.
    4. Deimen, Inga & Szalay, Dezsö, 2014. "A Smooth, strategic communication," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 479, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Feddersen, Timothy & Gradwohl, Ronen, 2020. "Decentralized advice," European Journal of Political Economy, Elsevier, vol. 63(C).

  2. Florian Ederer & Richard Holden & Margaret A. Meyer, 2014. "Gaming and Strategic Opacity in Incentive Provision," Levine's Working Paper Archive 786969000000000875, David K. Levine.

    Cited by:

    1. Stéphane Gauthier & Guy Laroque, 2022. "Optimal random taxation and redistribution," IFS Working Papers W22/35, Institute for Fiscal Studies.
    2. Corgnet, Brice & Gächter, Simon & González, Roberto Hernán, 2020. "Working Too Much for Too Little: Stochastic Rewards Cause Work Addiction," IZA Discussion Papers 12992, Institute of Labor Economics (IZA).
    3. Andres Gonzalez-Lira & Ahmed Mushfiq Mobarak, 2021. "Slippery Fish: Enforcing Regulation when Agents Learn and Adapt," NBER Working Papers 28610, National Bureau of Economic Research, Inc.
    4. Jean-François Laslier & Matias Nunez & M. Remzi Sanver, 2021. "A solution to the two-person implementation problem," Post-Print hal-03498370, HAL.
    5. Matthias Lang, 2021. "Stochastic Contracts and Subjective Evaluations," CESifo Working Paper Series 9458, CESifo.
    6. David Rahman, 2012. "But Who Will Monitor the Monitor?," American Economic Review, American Economic Association, vol. 102(6), pages 2767-2797, October.
    7. Robert Dur & Heiner Schmittdiel, 2019. "Paid to Quit," De Economist, Springer, vol. 167(4), pages 387-406, December.
    8. Frances Xu Lee & Wing Suen, 2023. "Gaming A Selective Admissions System," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(1), pages 413-443, February.
    9. Asriyan, Vladimir & Foarta, Dana & Vanasco, Victoria, 2018. "Strategic Complexity When Seeking Approval," Research Papers 3615, Stanford University, Graduate School of Business.
    10. Yaron Leitner & Basil Williams, 2023. "Model Secrecy and Stress Tests," Journal of Finance, American Finance Association, vol. 78(2), pages 1055-1095, April.
    11. Lamar Pierce & Alex Rees-Jones & Charlotte Blank, 2020. "The Negative Consequences of Loss-Framed Performance Incentives," NBER Working Papers 26619, National Bureau of Economic Research, Inc.
    12. Brice Corgnet & Roberto Hernán-González, 2019. "Revisiting the Trade-off Between Risk and Incentives : The Shocking Effect of Random Shocks?," Post-Print hal-02312256, HAL.
    13. Chugunova, Marina & Sele, Daniela, 2022. "We and It: An interdisciplinary review of the experimental evidence on how humans interact with machines," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 99(C).
    14. Juan Ortner & Sylvain Chassang, 2014. "Making Collusion Hard: Asymmetric Information as a Counter-Corruption Measure," Working Papers 064-2014, Princeton University, Department of Economics, Econometric Research Program..
    15. Minkyung Kim & K. Sudhir & Kosuke Uetake, 2022. "A Structural Model of a Multitasking Salesforce: Incentives, Private Information, and Job Design," Management Science, INFORMS, vol. 68(6), pages 4602-4630, June.
    16. Robin M. Hogarth & Marie Claire Villeval, 2014. "Ambiguous incentives and the persistence of effort: Experimental evidence," Post-Print halshs-01098750, HAL.
    17. Johannes Abeler & David Huffman & Colin Raymond, 2023. "Incentive Complexity, Bounded Rationality and Effort Provision," Economics Series Working Papers 1012, University of Oxford, Department of Economics.
    18. Douglas H. Frank & Tomasz Obloj, 2014. "Firm‐specific human capital, organizational incentives, and agency costs: Evidence from retail banking," Strategic Management Journal, Wiley Blackwell, vol. 35(9), pages 1279-1301, September.
    19. Vladimir Asriyan & Dana Foarta & Victoria Vanasco, 2021. "The Good, the Bad and the Complex: Product Design with Imperfect Information," BAFFI CAREFIN Working Papers 21155, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    20. Brice Corgnet & Roberto Hernán González, 2023. "You Will not Regret it: On the Practice of Randomized Incentives," Working Papers 2314, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    21. Minkyung Kim & K. Sudhir & Kosuke Uetake, 2019. "A Structural Model of a Multitasking Salesforce: Multidimensional Incentives and Plan Design," Cowles Foundation Discussion Papers 2199R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2021.
    22. Víctor González-Jiménez, 2021. "Incentive contracts when agents distort probabilities," Vienna Economics Papers vie2101, University of Vienna, Department of Economics.
    23. Jin Li & Arijit Mukherjee & Luis Vasconcelos, 2023. "What Makes Agility Fragile? A Dynamic Theory of Organizational Rigidity," Management Science, INFORMS, vol. 69(6), pages 3578-3601, June.
    24. Abeler, Johannes & Huffman, David B. & Raymond, Collin, 2023. "Incentive Complexity, Bounded Rationality and Effort Provision," IZA Discussion Papers 16284, Institute of Labor Economics (IZA).
    25. Barron, Daniel & Georgiadis, George & Swinkels, Jeroen M., 2020. "Optimal contracts with a risk-taking agent," Theoretical Economics, Econometric Society, vol. 15(2), May.
    26. Breu, Maximilian, 2017. "Focusing Attention in Multiple Tasks," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168264, Verein für Socialpolitik / German Economic Association.
    27. Lorán Chollete & Sharon G. Harrison, 2021. "Unintended Consequences: Ambiguity Neglect and Policy Ineffectiveness," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 47(2), pages 206-226, April.

  3. Meyer, Margaret & Strulovici, Bruno, 2013. "The Supermodular Stochastic Ordering," CEPR Discussion Papers 9486, C.E.P.R. Discussion Papers.

    Cited by:

    1. Brice Magdalou, 2018. "A model of social welfare improving transfers," Working Papers hal-01975452, HAL.
    2. Patrick MOYES & Nicolas GRAVEL, 2011. "Ethically Robust Comparisons of Bidimensional Distributions with an Ordinal Attribute," Cahiers du GREThA (2007-2019) 2011-36, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    3. Pawel Dziewulski & John Quah, 2014. "Testing for production with complementarities," Economics Series Working Papers 722, University of Oxford, Department of Economics.
    4. Margaret Meyer & Bruno Strulovici, 2011. "Increasing Interdependence of Multivariate Distributions," Discussion Papers 1523, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    5. Kızıldemir, Bünyamin & Privault, Nicolas, 2015. "Supermodular ordering of Poisson arrays," Statistics & Probability Letters, Elsevier, vol. 98(C), pages 136-143.
    6. Gollier, Christian, 2019. "A general theory of risk apportionment," TSE Working Papers 19-1003, Toulouse School of Economics (TSE).
    7. Ian M. Schmutte & Nathan Yoder, 2022. "Information Design for Differential Privacy," Papers 2202.05452, arXiv.org, revised Dec 2022.
    8. Gottschalk, Tina & Range, Troels Martin & Sudhölter, Peter & Østerdal, Lars Peter, 2015. "Decomposing bivariate dominance for social welfare comparisons," Discussion Papers on Economics 12/2015, University of Southern Denmark, Department of Economics.
    9. Veli Safak, 2020. "Matching Multidimensional Types: Theory and Application," Papers 2006.14243, arXiv.org.
    10. Awaya, Yu & Do, Jihwan, 2022. "Incentives under equal-pay constraint and subjective peer evaluation," Games and Economic Behavior, Elsevier, vol. 135(C), pages 41-59.

  4. Margaret Meyer & Bruno Strulovici, 2013. "Beyond Correlation: Measuring Interdependence Through Complementarities," Economics Series Working Papers 655, University of Oxford, Department of Economics.

    Cited by:

    1. Kızıldemir, Bünyamin & Privault, Nicolas, 2015. "Supermodular ordering of Poisson arrays," Statistics & Probability Letters, Elsevier, vol. 98(C), pages 136-143.
    2. Veli Safak, 2020. "Matching Multidimensional Types: Theory and Application," Papers 2006.14243, arXiv.org.

  5. Margaret Meyer & Bruno Strulovici, 2011. "Increasing Interdependence of Multivariate Distributions," Discussion Papers 1523, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Patrick MOYES & Nicolas GRAVEL, 2011. "Ethically Robust Comparisons of Bidimensional Distributions with an Ordinal Attribute," Cahiers du GREThA (2007-2019) 2011-36, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    2. Bernard, Carole & Rheinberger, Christoph & Treich, Nicolas, 2017. "Catastrophe Aversion and Risk Equity in an Interdependent World," IDEI Working Papers 872, Institut d'Économie Industrielle (IDEI), Toulouse.
    3. Frick, Mira & , & Ishii, Yuhta, 2021. "Dispersed Behavior and Perceptions in Assortative Societies," CEPR Discussion Papers 16789, C.E.P.R. Discussion Papers.
    4. Christian Gollier, 2020. "Aversion to risk of regret and preference for positively skewed risks," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(4), pages 913-941, November.
    5. Arieli, Itai & Babichenko, Yakov, 2019. "Private Bayesian persuasion," Journal of Economic Theory, Elsevier, vol. 182(C), pages 185-217.
    6. Sonne-Schmidt, Christoffer & Tarp, Finn & Østerdal, Lars Peter, 2015. "Ordinal bivariate inequality: concepts and application to child deprivation in Mozambique," Discussion Papers on Economics 1/2015, University of Southern Denmark, Department of Economics.
    7. Gollier, Christian, 2016. "Gamma discounters are short-termist," Journal of Public Economics, Elsevier, vol. 142(C), pages 83-90.
    8. Chollete, Lorán & de la Peña, Victor & Klass, Michael, 2023. "The price of independence in a model with unknown dependence," Mathematical Social Sciences, Elsevier, vol. 123(C), pages 51-58.
    9. Barney Hartman‐Glaser & Benjamin Hébert, 2020. "The Insurance Is the Lemon: Failing to Index Contracts," Journal of Finance, American Finance Association, vol. 75(1), pages 463-506, February.
    10. DECANCQ, Koen, 2012. "Elementary multivariate rearrangements and stochastic dominance on a Fréchet class," LIDAM Reprints CORE 2425, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    11. Meyer, Margaret & Strulovici, Bruno, 2013. "The Supermodular Stochastic Ordering," CEPR Discussion Papers 9486, C.E.P.R. Discussion Papers.
    12. Amir, Rabah & Lazzati, Natalia, 2016. "Endogenous information acquisition in Bayesian games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 163(C), pages 684-698.
    13. Gajdos, Thibault & Weymark, John A., 2012. "Introduction to inequality and risk," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1313-1330.
    14. Christoffer Sonne-Schmidt & Finn Tarp & Lars Peter Østerdal, 2013. "Ordinal Multidimensional Inequality," WIDER Working Paper Series wp-2013-097, World Institute for Development Economic Research (UNU-WIDER).
    15. He, Wei & Li, Jiangtao, 2022. "Correlation-robust auction design," Journal of Economic Theory, Elsevier, vol. 200(C).
    16. Guy Kaplanski & Haim Levy, 2017. "Envy and Altruism: Contrasting Bivariate and Univariate Prospect Preferences," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(2), pages 457-483, April.
    17. Awaya, Yu & Do, Jihwan, 2022. "Incentives under equal-pay constraint and subjective peer evaluation," Games and Economic Behavior, Elsevier, vol. 135(C), pages 41-59.
    18. Francesco Andreoli & Claudio Zoli, 2020. "From unidimensional to multidimensional inequality: a review," METRON, Springer;Sapienza Università di Roma, vol. 78(1), pages 5-42, April.
    19. Dorinel Bastide & St'ephane Cr'epey, 2024. "Provisions and Economic Capital for Credit Losses," Papers 2401.07728, arXiv.org, revised Jan 2024.

  6. Alessandro Lizzeri & Margaret A. Meyer & Nicola Persico, 2002. "The Incentive Effects of Interim Performance Evaluations," Penn CARESS Working Papers 592e9328faf6e775bf331e1c0, Penn Economics Department.

    Cited by:

    1. Korok Ray, 2007. "Performance Evaluations and Efficient Sorting," Journal of Accounting Research, Wiley Blackwell, vol. 45(4), pages 839-882, September.
    2. Eriksson, Tor & Poulsen, Anders & Villeval, Marie Claire, 2008. "Feedback and Incentives: Experimental Evidence," IZA Discussion Papers 3440, Institute of Labor Economics (IZA).
    3. Zenan Wu & Xi Weng, 2018. "Managerial turnover and entrenchment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(4), pages 742-771, October.
    4. Fang, Hanming & Moscarini, Giuseppe, 2005. "Morale hazard," Journal of Monetary Economics, Elsevier, vol. 52(4), pages 749-777, May.
    5. Terstiege, Stefan, 2013. "Objective versus Subjective Performance Evaluations," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 430, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    6. Azmat, Ghazala & Iriberri, Nagore, 2009. "The importance of relative performance feedback information: evidence from a natural experiment using high school students," LSE Research Online Documents on Economics 28520, London School of Economics and Political Science, LSE Library.
    7. Nafziger, Julia, 2009. "Timing of information in agency problems with hidden actions," Journal of Mathematical Economics, Elsevier, vol. 45(11), pages 751-766, December.
    8. Ola Kvaløy & Anja Schöttner, 2014. "Incentives to Motivate," CESifo Working Paper Series 4656, CESifo.
    9. Michael Raith, 2008. "Specific knowledge and performance measurement," RAND Journal of Economics, RAND Corporation, vol. 39(4), pages 1059-1079, December.
    10. Oriana Bandiera & Valentino Larcinese & Imran Rasul, 2014. "Blissful Ignorance? A Natural Experiment on the Effect of Feedback on Students'Performance," Working Papers 511, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    11. Benoît S. Y. Crutzen & Otto H. Swank & Bauke Visser, 2013. "Confidence Management: On Interpersonal Comparisons in Teams," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(4), pages 744-767, December.
    12. Bin R. Chen & Sanxi Li, 2018. "Prehire Screening and Subjective Performance Evaluations," Management Science, INFORMS, vol. 64(10), pages 4953-4965, October.
    13. Daniela Collazos & Leopoldo Fergusson & Miguel La Rota & Daniel Mejía & Daniel Ortega, 2020. "CSI in the tropics: Experimental evidence of improved public service delivery through coordination," Documentos de Trabajo 18215, The Latin American and Caribbean Economic Association (LACEA).
    14. Orlov, Dmitry, 2022. "Frequent monitoring in dynamic contracts," Journal of Economic Theory, Elsevier, vol. 206(C).
    15. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Biased contests for symmetric players," Games and Economic Behavior, Elsevier, vol. 103(C), pages 116-144.
    16. Maria Goltsman & Arijit Mukherjee, 2011. "Interim Performance Feedback in Multistage Tournaments: The Optimality of Partial Disclosure," Journal of Labor Economics, University of Chicago Press, vol. 29(2), pages 229-265.
    17. Anton Suvorov & Jeroen van de Ven, 2006. "Discretionary Bonuses as a Feedback Mechanism," Working Papers w0088, New Economic School (NES).
    18. Raith, Michael, 2012. "Optimal incentives and the time dimension of performance measurement," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2158-2189.
    19. Sheheryar Banuri & Katarina Dankova & Philip Keefer, 2017. "It's not all fun and games: Feedback, task motivation, and effort," Working Paper series, University of East Anglia, Centre for Behavioural and Experimental Social Science (CBESS) 17-10, School of Economics, University of East Anglia, Norwich, UK..
    20. Stefano Barbieri & Marco Serena, 2018. "Biasing Unbiased Dynamic Contests," Working Papers tax-mpg-rps-2018-06, Max Planck Institute for Tax Law and Public Finance.
    21. Habibi, Amir, 2020. "Motivation and information design," Journal of Economic Behavior & Organization, Elsevier, vol. 169(C), pages 1-18.
    22. Julie Rosaz, 2012. "Biased Information And Effort," Economic Inquiry, Western Economic Association International, vol. 50(2), pages 484-501, April.
    23. Julia Nafziger & Heiner Schumacher, 2013. "Information Management and Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(1), pages 140-163, March.
    24. Marino, Anthony M., 2014. "Transparency in agency: The constant elasticity case and extensions," International Journal of Industrial Organization, Elsevier, vol. 33(C), pages 9-21.
    25. Masaki Aoyagi, 2003. "Information Feedback in a Dynamic Tournament," ISER Discussion Paper 0580, Institute of Social and Economic Research, Osaka University.
    26. Yurday, Zeynep, 2003. "The Effects of Interim Performance Evaluations under Risk Aversion," MPRA Paper 1611, University Library of Munich, Germany.
    27. Ján Zábojník, 2014. "Subjective evaluations with performance feedback," RAND Journal of Economics, RAND Corporation, vol. 45(2), pages 341-369, June.
    28. Sofia Moroni, 2019. "Experimentation in Organizations," Working Paper 6631, Department of Economics, University of Pittsburgh.
    29. Florian Ederer, 2010. "Feedback and Motivation in Dynamic Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 733-769, September.
    30. Bin R. Chen & Y. Stephen Chiu, 2013. "Interim Performance Evaluation in Contract Design," Economic Journal, Royal Economic Society, vol. 123, pages 665-698, June.
    31. Dmitry Orlov, 2014. "Optimal Design of Internal Disclosure," 2014 Meeting Papers 314, Society for Economic Dynamics.
    32. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.
    33. Marino, Anthony M. & Ozbas, Oguzhan, 2014. "Disclosure of status in an agency setting," Journal of Economic Behavior & Organization, Elsevier, vol. 105(C), pages 191-207.

  7. Meyer, M.A. & Olsen, T.E. & Torsvik, G., 1995. "Limited Intertemporal Commitment and Job Design," Economics Papers 102, Economics Group, Nuffield College, University of Oxford.

    Cited by:

    1. Heski Bar-Isaac, 2007. "Something to prove: reputation in teams," RAND Journal of Economics, RAND Corporation, vol. 38(2), pages 495-511, June.
    2. Fumi Kiyotaki, 2008. "Promotion Tournaments with Multiple Tasks," Birkbeck Working Papers in Economics and Finance 0804, Birkbeck, Department of Economics, Mathematics & Statistics.
    3. Pablo Casas-Arce & Santhi Hejeebu & Cornell College, 2004. "Job Design and the Benefits of Private Trade," Economics Series Working Papers 204, University of Oxford, Department of Economics.
    4. Anja Schöttner, 2005. "Relational Contracts and Job Design," SFB 649 Discussion Papers SFB649DP2005-052, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    5. Kaarbøe, Oddvar M. & Olsen, Trond E., 2006. "Distorted Performance Measures and Dynamic Incentives," Working Papers in Economics 07/06, University of Bergen, Department of Economics.
    6. Dongsoo Shin & Roland Strausz, 2014. "Delegation and Dynamic Incentives," CESifo Working Paper Series 4774, CESifo.
    7. Bardsley, Peter, 2001. "Multi-task agency: a combinatorial model," Journal of Economic Behavior & Organization, Elsevier, vol. 44(2), pages 233-248, February.
    8. George J. Mailath & Volker Nocke & Andrew Postlewaite, 2004. "Business Strategy, Human Capital, and Managerial Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(4), pages 617-633, December.
    9. Indjejikian, Raffi & Nanda, Dhananjay, 2003. "Reply to: dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 437-441, August.
    10. Koch Alexander K & Morgenstern Albrecht, 2010. "Coordination under the Shadow of Career Concerns," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-40, March.
    11. Indjejikian, Raffi & Nanda, Dhananjay, 1999. "Dynamic incentives and responsibility accounting," Journal of Accounting and Economics, Elsevier, vol. 27(2), pages 177-201, April.
    12. Peter O. Christensen & Gerald A. Feltham & Christian Hofmann & Florin Sabac, 2022. "Timeliness, Accuracy, and Relevance in Dynamic Incentive Contracts," Foundations and Trends(R) in Accounting, now publishers, vol. 17(1), pages 1-76, October.
    13. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2003. "Dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 423-436, August.
    14. Emmanuelle Auriol & Guido Friebel & Lambros Pechlivanos, 2002. "Career Concerns in Teams," Journal of Labor Economics, University of Chicago Press, vol. 20(2), pages 289-307, Part.
    15. Feltham, Gerald & Indjejikian, Raffi & Nanda, Dhananjay, 2006. "Dynamic incentives and dual-purpose accounting," Journal of Accounting and Economics, Elsevier, vol. 42(3), pages 417-437, December.
    16. Kornelius Kraft & Antonia Niederprüm, 1999. "Ist die Vergütung von Managern im Zeitablauf flexibler geworden?," Schmalenbach Journal of Business Research, Springer, vol. 51(9), pages 787-804, September.
    17. Heski Bar-Isaac, 2004. "Something to Prove: Reputation in teams and hiring to introduce uncertainty," Working Papers 04-07, New York University, Leonard N. Stern School of Business, Department of Economics.
    18. Robert Gibbons, 1996. "Incentives and Careers in Organizations," NBER Working Papers 5705, National Bureau of Economic Research, Inc.
    19. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2005. "A contracting perspective on earnings quality," Journal of Accounting and Economics, Elsevier, vol. 39(2), pages 265-294, June.

  8. Meyer, Margaret A & Vickers, John, 1995. "Performance Comparisons and Dynamic Incentives," CEPR Discussion Papers 1107, C.E.P.R. Discussion Papers.

    Cited by:

    1. Korok Ray, 2007. "Performance Evaluations and Efficient Sorting," Journal of Accounting Research, Wiley Blackwell, vol. 45(4), pages 839-882, September.
    2. Giat, Yahel & Subramanian, Ajay, 2013. "Dynamic contracting under imperfect public information and asymmetric beliefs," Journal of Economic Dynamics and Control, Elsevier, vol. 37(12), pages 2833-2861.
    3. Evans, R. & Guinnane, T.W., 2006. "Reputational Externality and Self-Regulation," Cambridge Working Papers in Economics 0628, Faculty of Economics, University of Cambridge.
    4. Kräkel, Matthias, 2005. "Emotions and the Optimality of Unfair Tournaments," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 45, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Eric Bartelsman & Andrea Bassanini & John Haltiwanger & Ron Jarmin & Stefano Scarpetta & Thorsten Schank, 2002. "The Spread of ICT and Productivity Growth: Is Europe Really Lagging Behind in the New Economy?," Working Papers halshs-00289168, HAL.
    6. Giuseppe Nicoletti & Stefano Scarpetta, 2003. "Regulation, productivity and growth: OECD evidence [‘A model of growth through creative destruction’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 18(36), pages 9-72.
    7. Botond Koszegi & Wei Li, 2002. "Ambition and Talent," CERS-IE WORKING PAPERS 0214, Institute of Economics, Centre for Economic and Regional Studies.
    8. Crémer, Jacques, 2009. "Arm's length relationships without moral hazard," IDEI Working Papers 585, Institut d'Économie Industrielle (IDEI), Toulouse.
    9. Jasmin Droege, 2022. "First impression biases in the performing arts: taste-based discrimination and the value of blind auditioning," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 46(3), pages 391-437, September.
    10. Besley, Timothy & Smart, Michael, 2005. "Fiscal restraints and voter welfare," LSE Research Online Documents on Economics 3769, London School of Economics and Political Science, LSE Library.
    11. V. Bhaskar & Caroline Thomas, 2019. "The Culture of Overconfidence," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 95-110, June.
    12. Koji Asano, 2016. "Managerial Reputation, Risk-Taking, and Imperfect Capital Markets," Discussion Papers in Economics and Business 16-12, Osaka University, Graduate School of Economics.
    13. Sai Ding & Alessandra Guariglia & Richard Harris, 2016. "The determinants of productivity in Chinese large and medium-sized industrial firms, 1998–2007," Journal of Productivity Analysis, Springer, vol. 45(2), pages 131-155, April.
    14. Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
    15. Bengt Holmstrom, 1999. "Managerial Incentive Problems: A Dynamic Perspective," NBER Working Papers 6875, National Bureau of Economic Research, Inc.
    16. Bardsley, P., 2001. "Recursive Contracts," Department of Economics - Working Papers Series 797, The University of Melbourne.
    17. Dominik Schober, 2013. "Refinancing under Yardstick Regulation with Investment Cycles–The Case of Long-Lived Electricity Network Assets," EWL Working Papers 1321, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Jun 2013.
    18. Geys, Benny & Vermeir, Jan, 2012. "Party cues in elections under multilevel governance: Theory and evidence from US states," Discussion Papers, Research Professorship & Project "The Future of Fiscal Federalism" SP II 2012-107, WZB Berlin Social Science Center.
    19. SALMON, Pierre, 2003. "Assigning powers in the European Union in the light of yardstick competition among governments," LEG - Document de travail - Economie 2003-03, LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne.
    20. Wei, Chen, 2020. "Can job rotation eliminate the Ratchet effect: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 66-84.
    21. Anderton, Robert & Di Lupidio, Benedetta & Jarmulska, Barbara, 2020. "The impact of product market regulation on productivity through firm churning: Evidence from European countries," Economic Modelling, Elsevier, vol. 91(C), pages 487-501.
    22. Liao, Tsai-Ling & Lin, Wen-Chun, 2016. "Product market competition and earnings management around open-market repurchase announcements," International Review of Economics & Finance, Elsevier, vol. 44(C), pages 187-203.
    23. Nickell, Stephen, 1999. "Product markets and labour markets1," Labour Economics, Elsevier, vol. 6(1), pages 1-20, March.
    24. Goriaev, A.P. & Palomino, F.A. & Prat, A., 2000. "Mutual Fund Tournament : Risk Taking Incentives Induced by Ranking Objectives," Discussion Paper 2000-94, Tilburg University, Center for Economic Research.
    25. Hamilton, Stephen F. & Zilberman, David, 2006. "Green markets, eco-certification, and equilibrium fraud," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 627-644, November.
    26. Schober, Dominik & Weber, Christoph, 2015. "Refinancing under yardstick regulation with investment cycles: The case of long-lived electricity network assets," ZEW Discussion Papers 15-065, ZEW - Leibniz Centre for European Economic Research.
    27. Dutz, Mark A. & Ordover, Janusz A. & Willig, Robert D., 2000. "Entrepreneurship, access policy and economic development: Lessons from industrial organization," European Economic Review, Elsevier, vol. 44(4-6), pages 739-747, May.
    28. Meagher, Kieron & Prasad, Suraj, 2016. "Career concerns and team talent," Journal of Economic Behavior & Organization, Elsevier, vol. 129(C), pages 1-17.
    29. Evangelia Chalioti, 2015. "Team Production, Endogenous Learning about Abilities and Career Concerns," Cowles Foundation Discussion Papers 2020, Cowles Foundation for Research in Economics, Yale University.
    30. Caruana, Guillermo & Celentani, Marco, 2001. "Career concerns and contingent compensation," UC3M Working papers. Economics we014811, Universidad Carlos III de Madrid. Departamento de Economía.
    31. Martin Bodenstein & Heinrich Ursprung, 2001. "Political Yardstick Competition, Economic Integration, and Constitutional Choice in a Federation," CESifo Working Paper Series 501, CESifo.
    32. Koch, Alexander K. & Peyrache, Eloic, 2005. "Tournaments, Individualized Contracts and Career Concerns," IZA Discussion Papers 1841, Institute of Labor Economics (IZA).
    33. Florin c{S}abac, 2007. "Dynamic Agency with Renegotiation and Managerial Tenure," Management Science, INFORMS, vol. 53(5), pages 849-864, May.
    34. Hoffler, Felix & Sliwka, Dirk, 2003. "Do new brooms sweep clean? When and why dismissing a manager increases the subordinates' performance," European Economic Review, Elsevier, vol. 47(5), pages 877-890, October.
    35. Eijffinger, Sylvester & Rossi, Alberto, 2006. "Structural Reforms and Growth: Product and Labor Market Deregulations," CEPR Discussion Papers 5988, C.E.P.R. Discussion Papers.
    36. Kaarbøe, Oddvar M. & Olsen, Trond E., 2006. "Distorted Performance Measures and Dynamic Incentives," Working Papers in Economics 07/06, University of Bergen, Department of Economics.
    37. Miguel Anton & Florian Ederer & Mireia Gine & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046, Cowles Foundation for Research in Economics, Yale University.
    38. Koch, Alexander K. & Peyrache, Eloic, 2004. "Mixed Up? That's Good for Motivation," IZA Discussion Papers 1331, Institute of Labor Economics (IZA).
    39. Kräkel, Matthias, 2004. "Emotions and Incentives," IZA Discussion Papers 1270, Institute of Labor Economics (IZA).
    40. Shiming Fu & Giulio Trigilia, 2018. "Voluntary disclosure under dynamic moral hazard," 2018 Meeting Papers 448, Society for Economic Dynamics.
    41. Geys, Benny & Vermeir, Jan, 2008. "Party cues and yardstick voting," European Journal of Political Economy, Elsevier, vol. 24(2), pages 470-477, June.
    42. Gyöngyi Lóránth & Emanuela Sciubba, 2006. "Relative Performance, Risk and Entry in the Mutual Fund Industry," Birkbeck Working Papers in Economics and Finance 0612, Birkbeck, Department of Economics, Mathematics & Statistics.
    43. N Dryden & Stephen Nickell & D Nicolitsas, 1996. "What Makes Firms Perform Well?," CEP Discussion Papers dp0308, Centre for Economic Performance, LSE.
    44. Johnson, Justin P., 2006. "Collaboration, peer review and open source software," Information Economics and Policy, Elsevier, vol. 18(4), pages 477-497, November.
    45. Rosa Ferrer Zarzuela, 2015. "The effect of lawyers' career concerns on litigation," Economics Working Papers 1496, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2016.
    46. Mark Rogers, 2003. "Competition, Agency and Productivity," Melbourne Institute Working Paper Series wp2003n20, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    47. Friebel, Guido & Bruenner, Tobias & Holden, Richard & Prasad, Suraj, 2019. "Incentives to Discover Talent," CEPR Discussion Papers 13979, C.E.P.R. Discussion Papers.
    48. Gilat Levy, 2000. "Strategic Consultation in the Presence of Career Concerns," STICERD - Theoretical Economics Paper Series 404, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    49. Alexander K. Koch & Eloïc Peyrache, 2011. "Aligning Ambition and Incentives," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 27(3), pages 655-688.
    50. Martinez Leonardo, 2009. "Reputation, Career Concerns, and Job Assignments," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-29, May.
    51. Shadrina, Elena V. & Vinogradov, Dmitri V. & Kashin, Dmitry V., 2022. "Implicit incentives in green public procurement: Good intentions versus rigid regulations," Ecological Economics, Elsevier, vol. 198(C).
    52. Portilla, Yolanda, 2009. "Career concerns and investment maturity in mutual funds," UC3M Working papers. Economics we091106, Universidad Carlos III de Madrid. Departamento de Economía.
    53. MacLeod, W. Bentley, 2006. "Reputations, Relationships and the Enforcement of Incomplete Contracts," IZA Discussion Papers 1978, Institute of Labor Economics (IZA).
    54. Grunewald, Andreas & Kräkel, Matthias, 2017. "Advertising as signal jamming," International Journal of Industrial Organization, Elsevier, vol. 55(C), pages 91-113.
    55. Segendorff, Björn, 2000. "A Signalling Theory of Scapegoats," SSE/EFI Working Paper Series in Economics and Finance 406, Stockholm School of Economics.
    56. Diego Battiston & Miguel Espinosa & Shuo Liu, 2021. "Talent poaching and job rotation," Economics Working Papers 1768, Department of Economics and Business, Universitat Pompeu Fabra.
    57. Bhaskar, Venkataraman, 2012. "Dynamic Moral Hazard, Learning and Belief Manipulation," CEPR Discussion Papers 8948, C.E.P.R. Discussion Papers.
    58. Vives, Xavier, 2004. "Innovation and Competitive Pressure," CEPR Discussion Papers 4369, C.E.P.R. Discussion Papers.
    59. Dall'Olio, Andrea & Iootty, Mariana & Kanehira, Naoto & Saliola, Federica, 2014. "Enterprise productivity: a three-speed Europe," Working Paper Series 1748, European Central Bank.
    60. George J. Mailath & Volker Nocke & Andrew Postlewaite, 2004. "Business Strategy, Human Capital, and Managerial Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(4), pages 617-633, December.
    61. Tamada, Yasunari & Tsai, Tsung-Sheng, 2014. "Delegating the decision-making authority to terminate a sequential project," Journal of Economic Behavior & Organization, Elsevier, vol. 99(C), pages 178-194.
    62. Valkonen, Laura, 2006. "Deregulation as a Means to Increase Competition and Productivity," Discussion Papers 1014, The Research Institute of the Finnish Economy.
    63. Koch, Alexander K. & Morgenstern, Albrecht, 2005. "From Team Spirit to Jealousy: The Pitfalls of Too Much Transparency," IZA Discussion Papers 1661, Institute of Labor Economics (IZA).
    64. Massimo Bordignon & Floriana Cerniglia & Federico Revelli, 2002. "In Search for Yardstick Competition: Property Tax Rates and Electoral Behavior in Italian Cities," CESifo Working Paper Series 644, CESifo.
    65. Jianhua Mi & Hong Sheng & Cassandra Elrod, 2016. "Financing, reputation and information disclosure quality in the Chinese market," Applied Economics, Taylor & Francis Journals, vol. 48(9), pages 789-798, February.
    66. Trond Olsen & Gaute Torsvik, 1994. "Limited Intertemporal Commitment and Job Design," CESifo Working Paper Series 77, CESifo.
    67. Paul Cox & Patricia Wicks, 2011. "Institutional Interest in Corporate Responsibility: Portfolio Evidence and Ethical Explanation," Journal of Business Ethics, Springer, vol. 103(1), pages 143-165, September.
    68. Jain, Neelam, 2006. "Debt, managerial compensation and learning," European Economic Review, Elsevier, vol. 50(2), pages 377-399, February.
    69. Dirk Sliwka, 2001. "„Never Change a Winning Team“ — Team-Entlohnung und implizite Kooperation," Schmalenbach Journal of Business Research, Springer, vol. 53(8), pages 777-797, December.
    70. Sunil Dutta & Stefan Reichelstein, 2000. "Controlling Investment Decisions: Hurdle Rates and Intertemporal Cost Allocation," CESifo Working Paper Series 354, CESifo.
    71. Indjejikian, Raffi & Nanda, Dhananjay, 2003. "Reply to: dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 437-441, August.
    72. Allen, Douglas W. & Lueck, Dean, 1999. "Searching For Ratchet Effects In Agricultural Contracts," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(2), pages 1-17, December.
    73. Anil Arya & Brian Mittendorf, 2011. "The Benefits of Aggregate Performance Metrics in the Presence of Career Concerns," Management Science, INFORMS, vol. 57(8), pages 1424-1437, August.
    74. Martin Holzhacker & Stephan Kramer & Michal Matějka & Nick Hoffmeister, 2019. "Relative Target Setting and Cooperation," Journal of Accounting Research, Wiley Blackwell, vol. 57(1), pages 211-239, March.
    75. Maria Vagliasindi, 2001. "Competition Policy Across Transition Economies," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 215-250.
    76. Giulio Federico, 2004. "Samaritans, Rotten Kids and Policy Conditionality," Development and Comp Systems 0409004, University Library of Munich, Germany.
    77. Kräkel, Matthias, 2008. "Emotions in tournaments," Journal of Economic Behavior & Organization, Elsevier, vol. 67(1), pages 204-214, July.
    78. Leonardo Martinez, 2006. "Reputation and Career Concerns," 2006 Meeting Papers 853, Society for Economic Dynamics.
    79. Annie Liang & Erik Madsen, 2020. "Data and Incentives," Papers 2006.06543, arXiv.org, revised Sep 2022.
    80. Koch, Alexander K. & Peyrache, Eloïc, 2008. "Moral hazard contracts: Does one size fit all?," Economics Letters, Elsevier, vol. 100(3), pages 399-401, September.
    81. Koch Alexander K & Morgenstern Albrecht, 2010. "Coordination under the Shadow of Career Concerns," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-40, March.
    82. Bhaskar, Venkataraman, 2014. "The Ratchet Effect Re-examined: A Learning Perspective," CEPR Discussion Papers 9956, C.E.P.R. Discussion Papers.
    83. Okada, Yosuke, 2005. "Competition and productivity in Japanese manufacturing industries," Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 586-616, December.
    84. Anil Arya & Brian Mittendorf, 2007. "The Benefits of Aggregate Performance Metrics in the Presence of Career Concerns," Yale School of Management Working Papers amz2549, Yale School of Management, revised 01 Jan 2009.
    85. Qintao Fan & Wei Li, 2018. "Leading indicator variables and managerial incentives in a dynamic agency setting," Review of Accounting Studies, Springer, vol. 23(4), pages 1715-1753, December.
    86. Song, Fenghua & Thakor, Anjan, 2022. "Ethics, capital and talent competition in banking," Journal of Financial Intermediation, Elsevier, vol. 52(C).
    87. Atif Mian, 2008. "Incentives in Markets, Firms, and Governments," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 24(2), pages 273-306, October.
    88. Cardella, Eric & Depew, Briggs, 2018. "Output restriction and the ratchet effect: Evidence from a real-effort work task," Games and Economic Behavior, Elsevier, vol. 107(C), pages 182-202.
    89. Laksmana, Indrarini & Yang, Ya-wen, 2014. "Product market competition and earnings management: Evidence from discretionary accruals and real activity manipulation," Advances in accounting, Elsevier, vol. 30(2), pages 263-275.
    90. Olsen, Trond E & Torsvik, Gaute, 2000. "Discretion and Incentives in Organizations," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 377-404, July.
    91. Jiahua Che & Kim‐Sau Chung & Xue Qiao, 2021. "Career Concerns, Beijing Style," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(4), pages 1513-1535, November.
    92. John Thanassoulis, 2005. "List Prices, Bargaining and Resultant Productivity Diffusion Delay," Economics Series Working Papers 220, University of Oxford, Department of Economics.
    93. Jaehong Lee, 2021. "CEO Overconfidence and Voluntary Disclosure of Greenhouse Gas Emissions: With a Focus on the Role of Corporate Governance," Sustainability, MDPI, vol. 13(11), pages 1-19, May.
    94. Meyer, Margaret A., 1995. "Cooperation and competition in organizations: A dynamic perspective," European Economic Review, Elsevier, vol. 39(3-4), pages 709-722, April.
    95. Yosuke Okada, 2005. "Competition and Productivity in Japanese Manufacturing Industries," NBER Working Papers 11540, National Bureau of Economic Research, Inc.
    96. Maria Vagliasindi, 2001. "Politique de la concurrence dans les économies en transition," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 233-272.
    97. Gumbel, Alexander, 2005. "Herding in delegated portfolio management: When is comparative performance information desirable?," European Economic Review, Elsevier, vol. 49(3), pages 599-626, April.
    98. Jens Robert Schöndube, 2007. "Early versus late effort in dynamic agencies with learning about productivity," FEMM Working Papers 07026, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    99. Ping Sun & Sheng Ma & Xinxin Xu, 2022. "Multi-Factor Collaborative Governance of Controlling Shareholder Expropriation Behavior in Emerging Economies: A Perspective of Double Principal-Agent Conflicts," SAGE Open, , vol. 12(2), pages 21582440221, May.
    100. Tinaikar, Surjit & Xu, Bo, 2023. "Does competition exacerbate investment inefficiencies? Evidence from Japanese firms," International Review of Economics & Finance, Elsevier, vol. 87(C), pages 35-53.
    101. Gaëtan Nicodème & Jacques-Bernard Sauner-Leroy, 2007. "Product Market Reforms and Productivity: A Review of the Theoretical and Empirical Literature on the Transmission Channels," Journal of Industry, Competition and Trade, Springer, vol. 7(1), pages 53-72, March.
    102. Nickell, Stephen J, 1996. "Competition and Corporate Performance," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 724-746, August.
    103. Segundo Camino‐Mogro & Natalia Bermudez‐Barrezueta, 2021. "Productivity determinants in the construction sector in emerging country: New evidence from Ecuadorian firms," Review of Development Economics, Wiley Blackwell, vol. 25(4), pages 2391-2413, November.
    104. Herbert Dawid & Michael Kopel, 2003. "A Comparison of Exit and Voice Relationships Under Common Uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(4), pages 531-555, December.
    105. Marques, Rui Cunha, 2006. "A yardstick competition model for Portuguese water and sewerage services regulation," Utilities Policy, Elsevier, vol. 14(3), pages 175-184, September.
    106. López Noria Gabriela, 2021. "The Impact of Trade Liberalization on the Mexican Automobile Industry: Evidence from the First 20 Years of NAFTA," Working Papers 2021-10, Banco de México.
    107. Marinakis, Kosmas & Tsoulouhas, Theofanis, 2013. "Are tournaments optimal over piece rates under limited liability for the principal?," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 223-237.
    108. Elena Podrecca, 2013. "Riforme del mercato dei prodotti e crescita della produttivit?. Teoria ed evidenza empirica," ECONOMIA E SOCIET? REGIONALE, FrancoAngeli Editore, vol. 0(2), pages 10-41.
    109. Guillermo Caruana & Marco Celentani, 2002. "Career Concerns and Contingent Compensation," Working Papers wp2002_0205, CEMFI.
    110. Priks, Mikael, 2011. "Firm competition and incentive pay: Rent seeking at work," Economics Letters, Elsevier, vol. 113(2), pages 154-156.
    111. Indjejikian, Raffi & Nanda, Dhananjay, 1999. "Dynamic incentives and responsibility accounting," Journal of Accounting and Economics, Elsevier, vol. 27(2), pages 177-201, April.
    112. Gao, Hong & Xu, Haibo, 2020. "Learning, belief manipulation and optimal relationship termination," Economics Letters, Elsevier, vol. 190(C).
    113. Palomino, F.A. & Prat, A., 1998. "Dynamic incentives in the money management tournament," Discussion Paper 1998-107, Tilburg University, Center for Economic Research.
    114. Alice Peng-Ju Su, 2019. "Team incentives with imperfect mutual inference," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(2), pages 687-712, June.
    115. Grunewald, Andreas & Kräkel, Matthias, 2017. "Fake News," IZA Discussion Papers 11207, Institute of Labor Economics (IZA).
    116. Peter O. Christensen & Gerald A. Feltham & Christian Hofmann & Florin Sabac, 2022. "Timeliness, Accuracy, and Relevance in Dynamic Incentive Contracts," Foundations and Trends(R) in Accounting, now publishers, vol. 17(1), pages 1-76, October.
    117. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2003. "Dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 423-436, August.
    118. Harris, Richard & Moffat, John, 2011. "Plant-level determinants of total factor productivity in Great Britain, 1997-2006," LSE Research Online Documents on Economics 33561, London School of Economics and Political Science, LSE Library.
    119. Jasmin Droege, 2019. "First Impression Biases in the Performing Arts: Taste-Based Discrimination and the Value of Blind Auditioning," Economics Series Working Papers 892, University of Oxford, Department of Economics.
    120. Pierre-Yves Yanni, 2012. "Coarse Information and Entrepreneurial Risk Choice," 2012 Meeting Papers 1142, Society for Economic Dynamics.
    121. Sabac, Florin, 2008. "Dynamic incentives and retirement," Journal of Accounting and Economics, Elsevier, vol. 46(1), pages 172-200, September.
    122. Feltham, Gerald & Indjejikian, Raffi & Nanda, Dhananjay, 2006. "Dynamic incentives and dual-purpose accounting," Journal of Accounting and Economics, Elsevier, vol. 42(3), pages 417-437, December.
    123. Dall'Olio, Andrea & Iootty, Mariana & Kanehira, Naoto & Saliola, Federica, 2013. "Productivity growth in Europe," Policy Research Working Paper Series 6425, The World Bank.
    124. BÃ¥rd Harstad, 2007. "Organizational Form and the Market for Talent," Journal of Labor Economics, University of Chicago Press, vol. 25(3), pages 581-611.
    125. Kornelius Kraft & Antonia Niederprüm, 1999. "Ist die Vergütung von Managern im Zeitablauf flexibler geworden?," Schmalenbach Journal of Business Research, Springer, vol. 51(9), pages 787-804, September.
    126. Dmitry Orlov, 2014. "Optimal Design of Internal Disclosure," 2014 Meeting Papers 314, Society for Economic Dynamics.
    127. Jensen, Henrik, 2000. "Optimal monetary policy cooperation through state-independent contracts with targets," European Economic Review, Elsevier, vol. 44(3), pages 517-539, March.
    128. Buettner, Thiess & von Schwerin, Axel, 2016. "Yardstick competition and partial coordination: Exploring the empirical distribution of local business tax rates," Journal of Economic Behavior & Organization, Elsevier, vol. 124(C), pages 178-201.
    129. Cardella, Eric & Depew, Briggs, 2016. "Testing for the Ratchet Effect: Evidence from a Real-Effort Work Task," IZA Discussion Papers 9981, Institute of Labor Economics (IZA).
    130. Theofanis Tsoulouhas, 2017. "Do tournaments solve the adverse selection problem?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(3), pages 675-690, September.
    131. Christian Lukas, 2007. "Managerial expertise, learning potential and dynamic incentives: get more for less?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 195-211.
    132. Paul Cox & Stephen Brammer & Andrew Millington, 2007. "Pension Fund Manager Tournaments and Attitudes Towards Corporate Characteristics," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 34(7‐8), pages 1307-1326, September.
    133. Peter O. Christensen & Hans Frimor & Florin Şabac, 2020. "Real Incentive Effects of Soft Information," Contemporary Accounting Research, John Wiley & Sons, vol. 37(1), pages 514-541, March.
    134. Segendorff, Björn, 2000. "Scapegoats and Transparency in Organizations," SSE/EFI Working Paper Series in Economics and Finance 407, Stockholm School of Economics.
    135. Agranov, Marina & Tergiman, Chloe, 2013. "Incentives and compensation schemes: An experimental study," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 238-247.
    136. Baghdasaryan, Delia & la Cour, Lisbeth, 2013. "Competition, ownership and productivity. A panel analysis of Czech firms," Journal of Economics and Business, Elsevier, vol. 69(C), pages 86-100.
    137. Holzmann, Carolin & von Schwerin, Axel, 2015. "Economic Integration and Local Tax Mimicking," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112893, Verein für Socialpolitik / German Economic Association.
    138. Kim, Doyoung, 2017. "Motivating for new changes when agents have reputation concerns," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 37-53.
    139. Heski Bar-Isaac, 2004. "Something to Prove: Reputation in teams and hiring to introduce uncertainty," Working Papers 04-07, New York University, Leonard N. Stern School of Business, Department of Economics.
    140. Portilla, Yolanda, 2009. "Audit contracts and reputation," UC3M Working papers. Economics we091308, Universidad Carlos III de Madrid. Departamento de Economía.
    141. Armstrong, Mark & Sappington, David E.M., 2007. "Recent Developments in the Theory of Regulation," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 27, pages 1557-1700, Elsevier.
    142. Michael Funk & Reiner Eichenberger, 2007. ""It's the Challenger, Stupid!": Elections and the Theory of Rank-Order Tournaments," CREMA Working Paper Series 2007-20, Center for Research in Economics, Management and the Arts (CREMA).
    143. Drugov, Mikhail & Troya Martinez, Marta, 2012. "Vague Lies: How to Advise Consumers When They Complain," CEPR Discussion Papers 9201, C.E.P.R. Discussion Papers.
    144. Iny Hwang & Youngsoo Kim & Michael K. Lim, 2023. "Optimal Ratcheting in Executive Compensation," Decision Analysis, INFORMS, vol. 20(2), pages 166-185, June.
    145. Grunewald, Andreas & Kräkel, Matthias, 2022. "Information manipulation and competition," Games and Economic Behavior, Elsevier, vol. 131(C), pages 245-263.
    146. Jens Robert Schöndube, 2008. "Top-Manager-Entlohnung, Arbeitsanreize und endogene Outside Options," FEMM Working Papers 08024, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    147. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2005. "A contracting perspective on earnings quality," Journal of Accounting and Economics, Elsevier, vol. 39(2), pages 265-294, June.

  9. Meyer, Margaret A & Milgrom, Paul & Roberts, Donald John, 1992. "Organizational Prospects, Influence Costs, and Ownership Changes," CEPR Discussion Papers 665, C.E.P.R. Discussion Papers.

    Cited by:

    1. Tan, Guofu & Yuan, Lasheng, 2003. "Strategic incentives of divestitures of competing conglomerates," International Journal of Industrial Organization, Elsevier, vol. 21(5), pages 673-697, May.
    2. Buch, Claudia M. & Heinrich, Ralph P. & Spinanger, Dean & Engerer, Hella & Lodahl, Maria & Schrettl, Wolfram & Schrooten, Mechthild & Gabrisch, Hubert & Sigmund, Peter, 1998. "Die wirtschaftliche Lage Rußlands: Krise offenbart Fehler der Wirtschaftspolitik. Dreizehnter Bericht," Open Access Publications from Kiel Institute for the World Economy 1051, Kiel Institute for the World Economy (IfW Kiel).
    3. Evans, Jocelyn & Dadzie, Kofi, 1998. "Corporate governance and the fragility of banking systems in developing countries: An analysis of a credit market in Ghana," Global Finance Journal, Elsevier, vol. 9(1), pages 109-125.
    4. Alain de Janvry & Guojun He & Elisabeth Sadoulet & Shaoda Wang & Qiong Zhang, 2020. "Performance Evaluation, Influence Activities, and Bureaucratic Work Behavior: Evidence from China," HKUST CEP Working Papers Series 202003, HKUST Center for Economic Policy.
    5. Kappen, Philip, 2011. "Competence-creating overlaps and subsidiary technological evolution in the multinational corporation," Research Policy, Elsevier, vol. 40(5), pages 673-686, June.
    6. Duncan Simester & Juanjuan Zhang, 2014. "Why Do Salespeople Spend So Much Time Lobbying for Low Prices?," Marketing Science, INFORMS, vol. 33(6), pages 796-808, November.
    7. Christian Espinosa & Carlos Maquieira, 2010. "Diversificación y Desempeño en Sud América: Evidencia para Chile," Working Papers 10, Facultad de Economía y Empresa, Universidad Diego Portales.
    8. Takáts, Elöd, 2004. "Banking consolidation and small business lending," Working Paper Series 407, European Central Bank.
    9. Gugler, Klaus & Peev, Evgeni & Segalla, Esther, 2013. "The internal workings of internal capital markets: Cross-country evidence," Journal of Corporate Finance, Elsevier, vol. 20(C), pages 59-73.
    10. Raffaele Santioni & Ilaria Supino, 2018. "Internal capital markets in Italian business groups: evidence from the financial crisis," Questioni di Economia e Finanza (Occasional Papers) 421, Bank of Italy, Economic Research and International Relations Area.
    11. David S. Scharfstein & Jeremy C. Stein, 1997. "The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment," NBER Working Papers 5969, National Bureau of Economic Research, Inc.
    12. Adoración Mozas-Moral & Enrique Bernal-Jurado & Domingo Fernández-Uclés & Miguel Jesús Medina-Viruel, 2020. "Innovation as the Backbone of Sustainable Development Goals," Sustainability, MDPI, vol. 12(11), pages 1-12, June.
    13. Ly, Kim Cuong & Liu, Hong & Opong, Kwaku, 2017. "Who acquires whom among stand-alone commercial banks and bank holding company affiliates?," International Review of Financial Analysis, Elsevier, vol. 54(C), pages 144-158.
    14. Chen, Sheng-Syan & Ho, Kim Wai, 2000. "Corporate diversification, ownership structure, and firm value: The Singapore evidence," International Review of Financial Analysis, Elsevier, vol. 9(3), pages 315-326.
    15. Wärneryd, Karl, 2014. "Rent Seeking and Organizational Structure," SSE/EFI Working Paper Series in Economics and Finance 749, Stockholm School of Economics.
    16. Basri Savitha & Subrato Banerjee & Ankitha Shetty, 2019. "Product diversification versus technical efficiency of conglomerate life microinsurance companies: evidence from India," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 44(3), pages 527-547, July.
    17. Sheng‐Syan Chen, 2008. "Organizational Form and the Economic Impact of Corporate New Product Strategies," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(1‐2), pages 71-101, January.
    18. Cremers, M. & Huang, R. & Sautner, Z., 2009. "Understanding Internal Capital Markets and Corporate Policies," Discussion Paper 2009-47 S, Tilburg University, Center for Economic Research.
    19. Robert Gertner & Eric Powers & David Scharfstein, 2002. "Learning about Internal Capital Markets from Corporate Spin‐offs," Journal of Finance, American Finance Association, vol. 57(6), pages 2479-2506, December.
    20. Campa, Jose M. & Chang, P. H. Kevin & Refalo, James F., 2002. "An options-based analysis of emerging market exchange rate expectations: Brazil's Real Plan, 1994-1999," Journal of Development Economics, Elsevier, vol. 69(1), pages 227-253, October.
    21. Ma. Belén Lozano García & Alberto de Miguel Hidalgo & Diana Monserrat Ríos Rodríguez, 2013. "Responsible Diversification: Knowing Enough About Diversification To Do It Responsibly: Motives, Measures And Consequences," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(15), pages 1-19.
    22. Felipe Balmaceda, 2006. "Mergers and CEO power," Documentos de Trabajo 224, Centro de Economía Aplicada, Universidad de Chile.
    23. Kräkel, Matthias, 2006. "Firm Size, Economic Situation and Influence Activities," IZA Discussion Papers 2391, Institute of Labor Economics (IZA).
    24. Renucci, Antoine, 2008. "Access to financing, rents, and organization of the firm," Journal of Corporate Finance, Elsevier, vol. 14(4), pages 337-346, September.
    25. Albert Banal-Estañol & Jo Seldeslachts, 2005. "Merger Failures," CIG Working Papers SP II 2005-09, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    26. USHIJIMA Tatsuo, 2021. "The Liability of Aging in Internal Capital Markets," Discussion papers 21065, Research Institute of Economy, Trade and Industry (RIETI).
    27. Philip G. Berger & Rebecca Hann, 2003. "The Impact of SFAS No. 131 on Information and Monitoring," Journal of Accounting Research, Wiley Blackwell, vol. 41(2), pages 163-223, May.
    28. Elsas, Ralf & Hackethal, Andreas & Holzhäuser, Markus, 2010. "The anatomy of bank diversification," Journal of Banking & Finance, Elsevier, vol. 34(6), pages 1274-1287, June.
    29. Nicoletta Berardi & Paul Seabright, 2020. "Joint Ownership of Production Projects as a Commitment Device against Interest Groups," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 176(3), pages 572-594.
    30. Michele Cincera & Julien Ravet, 2014. "Globalisation, industrial diversification and productivity growth in large European R&D companies," Journal of Productivity Analysis, Springer, vol. 41(2), pages 227-246, April.
    31. Cowling, Marc, 2007. "Performance Related Pay Coverage in the UK," MPRA Paper 1619, University Library of Munich, Germany.
    32. Elif AKBEN SELCUK, 2014. "Corporate Diversification, Group Affiliation and Firm Value: Evidence From Turkey," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, vol. 8(2), pages 151-174.
    33. Jandik, Tomas & Makjija, Anil K., 2004. "Can Diversification Create Value? Evidence from the Electric Utility Industry," Working Paper Series 2005-7, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    34. Berger, Allen N. & Cummins, J. David & Weiss, Mary A. & Zi, Hongmin, 2000. "Conglomeration versus Strategic Focus: Evidence from the Insurance Industry," Journal of Financial Intermediation, Elsevier, vol. 9(4), pages 323-362, October.
    35. Crémer, Jacques, 2010. "Solving the "selective intervention" puzzle," TSE Working Papers 10-145, Toulouse School of Economics (TSE).
    36. MIYAJIMA Hideaki & OGAWA Ryo & USHIJIMA Tatsuo, 2017. "Are Smaller (Larger) Corporate Headquarters Better?," Discussion papers 17004, Research Institute of Economy, Trade and Industry (RIETI).
    37. Martin Ruckes & Thomas Rønde, 2015. "Dynamic Incentives in Organizations: Success and Inertia," Manchester School, University of Manchester, vol. 83(4), pages 475-497, July.
    38. Jeremy C. Stein, 2002. "Information Production and Capital Allocation: Decentralized versus Hierarchical Firms," Journal of Finance, American Finance Association, vol. 57(5), pages 1891-1921, October.
    39. Ranjan D’Mello & Xinghua Gao & Yonghong Jia, 2017. "Internal control and internal capital allocation: evidence from internal capital markets of multi-segment firms," Review of Accounting Studies, Springer, vol. 22(1), pages 251-287, March.
    40. Frédéric Perdreau, 1998. "Désengagements et recentrage en France:1986-1992," Revue Finance Contrôle Stratégie, revues.org, vol. 1(2), pages 137-165, June.
    41. Antoine Renucci, 2008. "Access to financing, rents, and organization of the firm," Post-Print halshs-00365983, HAL.
    42. Berger, Philip G. & Ofek, Eli, 1995. "Diversification's effect on firm value," Journal of Financial Economics, Elsevier, vol. 37(1), pages 39-65, January.
    43. Dongil Daniel Keum, 2023. "Managerial political power and the reallocation of resources in the internal capital market," Strategic Management Journal, Wiley Blackwell, vol. 44(2), pages 369-414, February.
    44. Wang, Chunyang & Lin, Yongjia, 2021. "Income diversification and bank risk in Asia Pacific," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).
    45. Zinnia Mitra Bose & Indrani Chakraborty, 2022. "Effects of diversification on firm performance: an analysis of Indian firms," Indian Economic Review, Springer, vol. 57(2), pages 469-511, December.
    46. Robert A. Ritz, 2015. "Strategic Investment and International Spillovers in Natural Gas Markets," Working Papers EPRG 1505, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    47. Lee, Keun & Kim, Ji Youn & Lee, Oonkyu, 2010. "Long-term evolution of the firm value and behavior of business groups: Korean chaebols between weak premium, strong discount, and strong premium," Journal of the Japanese and International Economies, Elsevier, vol. 24(3), pages 412-440, September.
    48. Felipe Balmaceda, 2002. "Corporate Diversification: Good for Some Bad for Others," Documentos de Trabajo 141, Centro de Economía Aplicada, Universidad de Chile.
    49. Giorgio Barba Navaretti & Giacomo Calzolari & Alberto Franco Pozzolo & Micol Levi, 2010. "Multinational Banking in Europe: Financial Stability and Regulatory Implications. Lessons from the Financial Crisis," Development Working Papers 292, Centro Studi Luca d'Agliano, University of Milano, revised 30 Apr 2010.
    50. Sattar A. Mansi & David M. Reeb, 2002. "Corporate Diversification: What Gets Discounted?," Journal of Finance, American Finance Association, vol. 57(5), pages 2167-2183, October.
    51. Mehmet Nasih Tağ, 2022. "The Dark Side of Firm Diversity: An Empirical Examination of the Impact of Firm Diversity on Resource Allocation Efficiency in Multidivisional Firms," Istanbul Business Research, Istanbul University Business School, vol. 51(2), pages 643-668, November.
    52. Nanda, Vikram & Narayanan, M. P., 1999. "Disentangling Value: Financing Needs, Firm Scope, and Divestitures," Journal of Financial Intermediation, Elsevier, vol. 8(3), pages 174-204, July.
    53. Fabel, Oliver & Kolmar, Martin, 2012. "Do parachutes discipline managers? An analysis of takeover battles," International Review of Law and Economics, Elsevier, vol. 32(2), pages 224-232.
    54. Holger Mueller, 2016. "Reallocation of Capital and Labor within Firms," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 152(4), pages 289-303, October.
    55. Anna N. Danielova, 2008. "Tracking Stock or Spin‐Off? Determinants of Choice," Financial Management, Financial Management Association International, vol. 37(1), pages 125-139, March.
    56. Santalo, Juan & Becerra, Manuel, 2006. "The dominance of diversified versus specialized firms across industries," Journal of Business Research, Elsevier, vol. 59(3), pages 335-340, March.
    57. Paolo Fulghieri & Laurie Simon Hodrick, 2006. "Synergies and Internal Agency Conflicts: The Double‐Edged Sword of Mergers," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(3), pages 549-576, September.
    58. Abigail S. Hornstein & Zachary Nguyen, 2014. "Is More Less? Propensity to diversify via M&A and market reactions," Wesleyan Economics Working Papers 2014-002, Wesleyan University, Department of Economics.
    59. Wulf, Julie, 2009. "Influence and inefficiency in the internal capital market," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 305-321, October.
    60. Arora, Punit & Gaur, Ajai, 2022. "Peer directors’ effort, firm efficiency and performance of diversified firms: An efficacy-based view of governance," Journal of Business Research, Elsevier, vol. 151(C), pages 593-608.
    61. Anurag Mishra & M. Akbar, 2007. "Parenting Advantage in Business Groups of Emerging Markets," Vision, , vol. 11(3), pages 1-10, July.
    62. George J. Mailath & Volker Nocke & Andrew Postlewaite, 2004. "Business Strategy, Human Capital, and Managerial Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 13(4), pages 617-633, December.
    63. Laeven, Luc, 2001. "International evidence on the value of product and geographic diversity," Policy Research Working Paper Series 2729, The World Bank.
    64. Andrea Fosfuri & Thomas Rønde, 2009. "Leveraging Resistance to Change and the Skunk Works Model of Innovation," Post-Print hal-00699208, HAL.
    65. Marc Rustige & Michael H. Grote, 2009. "Der Einfluss von Diversifikationsstrategien auf den Aktienkurs deutscher Unternehmen," Schmalenbach Journal of Business Research, Springer, vol. 61(5), pages 470-498, August.
    66. Anaïs HAMELIN, 2013. "Does Size Matter? Firm And Business Group Size Influence On The Benefits Of Group Affiliation," Working Papers of LaRGE Research Center 2013-10, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    67. Michihiro Kandori & Rafael Rob, 1997. "Bandwagon effects and long run technology choice," Levine's Working Paper Archive 1265, David K. Levine.
    68. Thomas Zwick, 2003. "Empirische Determinanten des Widerstandes von Mitarbeitern gegen Innovationen," Schmalenbach Journal of Business Research, Springer, vol. 55(1), pages 45-59, February.
    69. Al-Amri, Khalid & David Cummins, J. & Weiss, Mary A., 2021. "Economies of scope, organizational form, and insolvency risk: Evidence from the takaful industry," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 70(C).
    70. Luca Papi & Emma Sarno & Alberto Zazzaro, 2017. "The geographical network of bank organizations: issues and evidence for Italy," Chapters, in: Ron Martin & Jane Pollard (ed.), Handbook on the Geographies of Money and Finance, chapter 8, pages 156-196, Edward Elgar Publishing.
    71. Bengt Holmstrom & Steven N. Kaplan, 2001. "Corporate Governance and Merger Activity in the United States: Making Sense of the 1980s and 1990s," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 121-144, Spring.
    72. Guang‐Zheng Chen & Edmund C. Keung, 2018. "Corporate diversification, institutional investors and internal control quality," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 58(3), pages 751-786, September.
    73. Campa, Jose M. & Kedia, Simi, 2000. "Explaining the diversification discount," IESE Research Papers D/424, IESE Business School.
    74. Erwin, Gayle R. & Perry, Susan E., 2000. "The effect of foreign diversification on analysts' prediction errors," International Review of Financial Analysis, Elsevier, vol. 9(2), pages 121-145.
    75. Brice Corgnet & Ludivine Martin & Peguy Ndodjang & Angela Sutan, 2015. "On the Merit of Equal Pay: When Influence Activities Interact with Incentive Setting," Working Papers 15-09, Chapman University, Economic Science Institute.
    76. Glaser, Markus & Lopez-de-Silanes, Florencio & Sautner, Zacharias, 2010. "Opening the Black Box: Internal Capital Markets and Managerial Power," MPRA Paper 28488, University Library of Munich, Germany.
    77. Humphery-Jenner, Mark & Powell, Ronan & Zhang, Emma Jincheng, 2019. "Practice makes progress: Evidence from divestitures," Journal of Banking & Finance, Elsevier, vol. 105(C), pages 1-19.
    78. Gunasekarage, Abeyratna & Luong, Hoa & Truong, Thanh Tan, 2020. "Growth and market share matrix, CEO power, and firm performance," Pacific-Basin Finance Journal, Elsevier, vol. 59(C).
    79. Pham, Thi Hoang Anh & Doan, Ngoc Thang, 2023. "Global bank complexity and financial fragility around the world," Economic Systems, Elsevier, vol. 47(1).
    80. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
    81. Byrd, John & Hickman, Kent & Hunter, Hugh, 1997. "Diversification: A broader perspective," Business Horizons, Elsevier, vol. 40(2), pages 40-44.
    82. Allen, Jeffrey W., 1998. "Capital markets and corporate structure: the equity carve-outs of Thermo Electron," Journal of Financial Economics, Elsevier, vol. 48(1), pages 99-124, April.
    83. Matsusaka, John G. & Nanda, Vikram, 2002. "Internal Capital Markets and Corporate Refocusing," Journal of Financial Intermediation, Elsevier, vol. 11(2), pages 176-211, April.
    84. Esteban, Joan & Ray, Debraj, 1999. "Conflict and Distribution," Journal of Economic Theory, Elsevier, vol. 87(2), pages 379-415, August.
    85. Milgrom, Paul & Roberts, John, 1995. "Complementarities and fit strategy, structure, and organizational change in manufacturing," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 179-208, April.
    86. Hendrikse, G.W.J., 1996. "Organizational Change and Vested Interest," Other publications TiSEM 2792a432-5bf3-40df-b320-9, Tilburg University, School of Economics and Management.
    87. Salim Chahine & Mohamad Zeidan, 2014. "Corporate governance and market performance of parent firms following equity carve-out announcements," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(2), pages 471-503, May.
    88. Scott Schaefer, 1998. "Influence Costs, Structural Inertia, and Organizational Change," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(2), pages 237-263, June.
    89. Desai, Hemang & Jain, Prem C., 1999. "Firm performance and focus: long-run stock market performance following spinoffs," Journal of Financial Economics, Elsevier, vol. 54(1), pages 75-101, October.
    90. Lee, Sangwoo & Park, Kwangwoo & Shin, Hyun-Han, 2005. "The Very Dark Side of Internal Capital Markets: Evidence from Diversified Business Groups in Korea," CEI Working Paper Series 2005-7, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    91. Charles A. Brown & Chris R. McNeil, 2008. "Internal capital market subsidies and industry downturns," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 48(3), pages 337-361, September.
    92. Rotemberg, Julio J, 1993. "Power in Profit-Maximizing Organizations," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 2(2), pages 165-198, Summer.
    93. Slobodan Cerovic & Nemanja Stanišic & Tijana Radojevic & Nikica Radovic, 2015. "The Impact of Ownership Structure on Corporate Performance in Transitional Economies," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 441-441, February.
    94. Nicolaj Siggelkow, 1998. "Why Focus? A Study of Intra-Industry Focus Effects," Center for Financial Institutions Working Papers 99-13, Wharton School Center for Financial Institutions, University of Pennsylvania.
    95. McNeil, Chris R. & Moore, William T., 2005. "Dismantling internal capital markets via spinoff: effects on capital allocation efficiency and firm valuation," Journal of Corporate Finance, Elsevier, vol. 11(1-2), pages 253-275, March.
    96. Andrea Fosfuri & Thomas Rønde, 2005. "Leveraging Resistance to Change and the Skunk Works Model of Innovation," CIE Discussion Papers 2007-10, University of Copenhagen. Department of Economics. Centre for Industrial Economics, revised Jun 2007.
    97. Eric Zitzewitz, 2006. "Nationalism in Winter Sports Judging and Its Lessons for Organizational Decision Making," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(1), pages 67-99, March.
    98. Bu-Kyung Choi & Ji-Young Ahn & Myeong-Cheol Choi, 2021. "Corporate Social Responsibility, CEO Compensation Structure, and Corporate Innovation Activities," Sustainability, MDPI, vol. 13(23), pages 1-15, November.
    99. Datta, Sudip & D'Mello, Ranjan & Iskandar-Datta, Mai, 2009. "Executive compensation and internal capital market efficiency," Journal of Financial Intermediation, Elsevier, vol. 18(2), pages 242-258, April.
    100. Gautier, Axel & Heider, Florian, 2001. "What do internal capital markets do? Redistribution vs. incentives," LSE Research Online Documents on Economics 25062, London School of Economics and Political Science, LSE Library.
    101. Lélis Pedro Andrade & Aureliano Angel Bressan & Robert Aldo Iquiapaza, 2017. "Dual class shares, board of directors’ effectiveness and firm’s market value: an empirical study," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 21(4), pages 1053-1092, December.
    102. Chun‐Hui Miao & Jeremy Sandford, 2015. "Familiarity and decision making: The unclear role of noise in accept/reject decisions," Southern Economic Journal, John Wiley & Sons, vol. 81(4), pages 1062-1073, April.
    103. Ferris, Stephen P. & Kim, Kenneth A. & Kitsabunnarat, Pattanaporn, 2003. "The costs (and benefits?) of diversified business groups: The case of Korean chaebols," Journal of Banking & Finance, Elsevier, vol. 27(2), pages 251-273, February.
    104. Giroud, Xavier & Dai, Min & Jiang, Wei & Wang, Neng, 2020. "A q Theory of Internal Capital Markets," CEPR Discussion Papers 15341, C.E.P.R. Discussion Papers.
    105. Ruckes, Martin & Rønde, Thomas, 2010. "Dynamic incentives in organizations: Success and inertia," Working Paper Series in Economics 7, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    106. Nicolaj Siggelkow, 2003. "Why Focus? A Study Of Intra‐Industry Focus Effects," Journal of Industrial Economics, Wiley Blackwell, vol. 51(2), pages 121-150, June.
    107. Roma, Paolo & Vasi, Maria, 2019. "Diversification and performance in the mobile app market: The role of the platform ecosystem," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 123-139.
    108. Liu-Ching Tsai & Chaur-Shiuh Young & Hui-Wen Hsu, 2011. "Entrenched controlling shareholders and the performance consequences of corporate diversification in Taiwan," Review of Quantitative Finance and Accounting, Springer, vol. 37(1), pages 105-126, July.
    109. Rohit Patel & Can Urgun, 2021. "Costly Inspection and Money Burning in Internal Capital Markets," Working Papers 2021-29, Princeton University. Economics Department..
    110. Cremers, M. & Huang, R. & Sautner, Z., 2009. "Understanding Internal Capital Markets and Corporate Policies," Other publications TiSEM 7580e234-c4c4-464a-ac25-e, Tilburg University, School of Economics and Management.
    111. Clubb, Colin & Stouraitis, Aris, 2002. "The significance of sell-off profitability in explaining the market reaction to divestiture announcements," Journal of Banking & Finance, Elsevier, vol. 26(4), pages 671-688, April.
    112. Emilie R. Feldman & Claudine Gartenberg & Julie Wulf, 2018. "Pay inequality and corporate divestitures," Strategic Management Journal, Wiley Blackwell, vol. 39(11), pages 2829-2858, November.
    113. David J. Denis & Diane K. Denis & Keven Yost, 2002. "Global Diversification, Industrial Diversification, and Firm Value," Journal of Finance, American Finance Association, vol. 57(5), pages 1951-1979, October.
    114. Andrea F. Presbitero & Gregory F. Udell & Alberto Zazzaro, 2014. "The Home Bias and the Credit Crunch: A Regional Perspective," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(s1), pages 53-85, February.
    115. Antonio Gálvan & Julio Pindado & Chabela De La Torre, 2014. "Diversification: A Value-Creating or Value-Destroying Strategy? Evidence from the Eurozone Countries," Journal of Financial Management, Markets and Institutions, Società editrice il Mulino, issue 1, pages 43-64, July.
    116. Gibbons, Robert, 2005. "Four forma(lizable) theories of the firm?," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 200-245, October.
    117. Rossi, Fabiana Ribeiro & Filho, Hildo Meirelles de Souza & Miranda, Bruno Varella & Carrer, Marcelo José, 2020. "The role of contracts in the adoption of irrigation by Brazilian orange growers," Agricultural Water Management, Elsevier, vol. 233(C).
    118. Frederik P. Schlingemann & Rene M. Stulz & Ralph A. Walkling, 2000. "Asset Liquidity and Segment Divestitures," NBER Working Papers 7873, National Bureau of Economic Research, Inc.
    119. A. Jongbloed, 2004. "Spin-Offs. Implications for Corporate Policies," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(4), pages 569-588.
    120. Patrick Bolton & David S. Scharfstein, 1998. "Corporate Finance, the Theory of the Firm, and Organizations," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 95-114, Fall.
    121. Bengt Holmstrom & John Roberts, 1998. "The Boundaries of the Firm Revisited," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 73-94, Fall.
    122. Victor Manuel Bennett & Emilie R. Feldman, 2017. "Make Room! Make Room! A Note on Sequential Spinoffs and Acquisitions," Strategy Science, INFORMS, vol. 2(2), pages 100-110, June.
    123. Elsas, Ralf & Hackethal, Andreas & Holzhaeuser, Markus, 2006. "The Anatomy of Bank Diversification," Discussion Papers in Business Administration 1167, University of Munich, Munich School of Management.
    124. Ennio E. Piano & Louis Rouanet, 2020. "Economic calculation and the organization of markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 331-348, September.
    125. Ma, Shuzhong & Chai, Yuxi & Jia, Fu, 2022. "Mitigating transaction risk for cross-border e-commerce firms: A multiagent-based simulation study," International Business Review, Elsevier, vol. 31(4).
    126. Hendrikse, G.W.J., 1996. "Organizational Change and Vested Interest," Discussion Paper 1996-10, Tilburg University, Center for Economic Research.
    127. Saptarshi Purkayastha, 2013. "Diversification Strategy and Firm Performance: Evidence from Indian Manufacturing Firms," Global Business Review, International Management Institute, vol. 14(1), pages 1-23, February.
    128. Stefan Erdorf & Thomas Hartmann-Wendels & Nicolas Heinrichs & Michael Matz, 2012. "Corporate Diversification and Firm Value: A Survey of Recent Literature," Cologne Graduate School Working Paper Series 03-01, Cologne Graduate School in Management, Economics and Social Sciences.
    129. M. Idriss GHODBANE, 2002. "Centralization Versus Decentralization in Credit Lending," LIDAM Discussion Papers IRES 2002002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    130. Haynes, Michelle & Thompson, Steve & Wright, Mike, 2003. "The determinants of corporate divestment: evidence from a panel of UK firms," Journal of Economic Behavior & Organization, Elsevier, vol. 52(1), pages 147-166, September.
    131. Glaser, Markus & Lopez de Silanes , Florencio & Sautner, Zacharias, 2008. "Looking Inside a Conglomerate: Efficiency of Internal Capital Allocation and Managerial Power Within a Firm," Sonderforschungsbereich 504 Publications 08-24, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    132. Glaser, Markus & Müller, Sebastian, 2010. "Is the diversification discount caused by the book value bias of debt?," Journal of Banking & Finance, Elsevier, vol. 34(10), pages 2307-2317, October.
    133. Devos, Erik & Li, He, 2021. "Vertical integration to mitigate internal capital market inefficiencies," Journal of Corporate Finance, Elsevier, vol. 69(C).
    134. Macchiavello, Rocco, 2007. "Financial Constraints and the Costs and Benefits of Vertical Integration," CEPR Discussion Papers 6104, C.E.P.R. Discussion Papers.
    135. Ushijima, Tatsuo & Iriyama, Akie, 2015. "The roles of closure and selloff in corporate restructuring," Journal of the Japanese and International Economies, Elsevier, vol. 38(C), pages 73-92.
    136. George, Rejie & Kabir, Rezaul, 2012. "Heterogeneity in business groups and the corporate diversification–firm performance relationship," Journal of Business Research, Elsevier, vol. 65(3), pages 412-420.
    137. Jordan, Bradford D. & Li, Ang & Liu, Mark H., 2022. "Mutual fund preference for pure-play firms," Journal of Financial Markets, Elsevier, vol. 61(C).
    138. Thanigaivel R Krishnan & Su Ann Liew & Vui-Yee Koon, 2017. "The Effect of Human Resource Management (HRM) Practices in Service-Oriented Organizational Citizenship Behaviour (OCB): Case of Telecommunications and Internet Service Providers in Malaysia," Asian Social Science, Canadian Center of Science and Education, vol. 13(1), pages 1-67, January.
    139. Klaus Rennings & Andreas Ziegler & Thomas Zwick, 2004. "The effect of environmental innovations on employment changes: an econometric analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 13(6), pages 374-387, November.
    140. Li, Ying & Li, Lingxiao & Zhu, Bing, 2023. "Executive Compensation and Secured Debt: Evidence from REITs," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277606, Verein für Socialpolitik / German Economic Association.
    141. Heather Berry, 2013. "When Do Firms Divest Foreign Operations?," Organization Science, INFORMS, vol. 24(1), pages 246-261, February.
    142. Hege, Ulrich & Lovo, Stefano & Slovin, Myron B. & Sushka, Marie E., 2009. "Asset sales and the role of buyers: strategic buyers versus private equity," MPRA Paper 39549, University Library of Munich, Germany, revised Feb 2012.
    143. Khan, Abu & Hassan, M. Kabir & Maroney, Neal & Boujlil, Rhada & Ozkan, Bora, 2020. "Efficiency, diversification, and performance of US banks," International Review of Economics & Finance, Elsevier, vol. 67(C), pages 101-117.
    144. Jeremy C. Stein, 2000. "Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms," NBER Working Papers 7705, National Bureau of Economic Research, Inc.
    145. Burch, Timothy R. & Nanda, Vikram, 2003. "Divisional diversity and the conglomerate discount: evidence from spinoffs," Journal of Financial Economics, Elsevier, vol. 70(1), pages 69-98, October.
    146. Pietro ALESSANDRINI & Giorgio CALCAGNINI & Alberto ZAZZARO, 2006. "Asset Restructuring Strategies in Bank Acquisitions: Evidence from the Italian Banking Industry," Working Papers 264, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    147. Inderst, Roman & Muller, Holger M. & Warneryd, Karl, 2007. "Distributional conflict in organizations," European Economic Review, Elsevier, vol. 51(2), pages 385-402, February.
    148. Laux, Volker, 2008. "On the value of influence activities for capital budgeting," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 625-635, March.
    149. Daniel A. Bens & Steven J. Monahan, 2004. "Disclosure Quality and the Excess Value of Diversification," Journal of Accounting Research, Wiley Blackwell, vol. 42(4), pages 691-730, September.
    150. Martijn Cremers & Rocco Huang & Zacharias Sautner, 2008. "Internal Capital Markets and Corporate Politics in a Banking Group," Yale School of Management Working Papers amz2464, Yale School of Management, revised 01 Oct 2009.
    151. Hoang, Daniel & Gatzer, Sebastian & Ruckes, Martin E., 2018. "The economics of capital allocation in firms: Evidence from internal capital markets," Working Paper Series in Economics 115, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    152. Joaquin, Domingo Castelo & Khanna, Naveen, 2000. "Cannibalization risk and limited liability: implications for firm valuation and capital budgeting," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(2), pages 247-262.
    153. Tatsuo Ushijima, 2015. "Diversification Discount and Corporate Governance in Japan," Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 11(3), pages 427-450, July.
    154. Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
    155. Manchun Han & Sanghyo Lee & Jaejun Kim, 2019. "Effectiveness of Diversification Strategies for Ensuring Financial Sustainability of Construction Companies in the Republic of Korea," Sustainability, MDPI, vol. 11(11), pages 1-19, May.
    156. Gatzer, Sebastian & Hoang, Daniel & Ruckes, Martin, 2015. "Internal Capital Markets and Diversified Firms: Theory and Practice," EconStor Preprints 169432, ZBW - Leibniz Information Centre for Economics.
    157. Villas-Boas, J. Miguel, 1997. "Comparative Statics of Fixed Points," Journal of Economic Theory, Elsevier, vol. 73(1), pages 183-198, March.
    158. Frederik P. Schlingemann & Rene M. Stulz & Ralph A. Walkling, 1999. "Corporate Focusing and Internal Capital Markets," NBER Working Papers 7175, National Bureau of Economic Research, Inc.
    159. Billett, Matthew T. & Mauer, David C., 2000. "Diversification and the value of internal capital markets: The case of tracking stock," Journal of Banking & Finance, Elsevier, vol. 24(9), pages 1457-1490, September.
    160. Benjamin Hippert, 2019. "The relationship between announcements of complete mergers and acquisitions and acquirers' abnormal CDS spread changes," Working Papers Dissertations 52, Paderborn University, Faculty of Business Administration and Economics.
    161. Fosfuri, Andrea & Rønde, Thomas, 2009. "Leveraging resistance to change and the skunk works model of innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 274-289, October.
    162. Nelson P. Repenning, 2000. "Drive out Fear (Unless You Can Drive It in): The Role of Agency and Job Security in Process Improvement," Management Science, INFORMS, vol. 46(11), pages 1385-1396, November.
    163. Stefan Erdorf & Thomas Hartmann-Wendels & Nicolas Heinrichs & Michael Matz, 2013. "Corporate diversification and firm value: a survey of recent literature," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 27(2), pages 187-215, June.
    164. Michael Powell, 2015. "An Influence-Cost Model of Organizational Practices and Firm Boundaries," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 31(suppl_1), pages 104-142.
    165. Comment, Robert & Jarrell, Gregg A., 1995. "Corporate focus and stock returns," Journal of Financial Economics, Elsevier, vol. 37(1), pages 67-87, January.
    166. Hendrikse, G.W.J., 2000. "Organizational Change and Vested Interests," ERIM Report Series Research in Management ERS-2000-17-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    167. Jose Maria Liberti, 2004. "Initiative, Incentives and Soft Information. How Does Delegation Impact The Role of Bank Relationship Managers?," Finance 0404023, University Library of Munich, Germany.
    168. Guo, Enyang & Keown, Arthur J. & Sen, Nilanjan, 2001. "The impact of firm diversification and focus: The Japanese experience," Pacific-Basin Finance Journal, Elsevier, vol. 9(3), pages 165-193, June.
    169. Giacinta Cestone & Chiara Fumagalli, 2003. "Winner-Picking or Cross-Subsidization? The Strategic Impact of Resource Flexibility in Business Groups," CSEF Working Papers 93, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    170. Alain de Janvry & Guojun He & Elisabeth Sadoulet & Shaoda Wang & Qiong Zhang, 2019. "Influence Activities and Bureaucratic Performance: Evidence from a Large-Scale Field Experiment in China," HKUST IEMS Working Paper Series 2019-69, HKUST Institute for Emerging Market Studies, revised Sep 2019.
    171. Lee, Kian-Tek & Hooy, Chee-Wooi & Hooy, Guat-Khim, 2012. "The value impact of international and industrial diversifications on public‐listed firms in Malaysia," Emerging Markets Review, Elsevier, vol. 13(3), pages 366-380.
    172. Bengt Holmstrom & Steven N. Kaplan, 2001. "Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s," NBER Working Papers 8220, National Bureau of Economic Research, Inc.

  10. Meyer, Margaret A, 1992. "Biased Contests and Moral Hazard: Implications for Career Profiles," CEPR Discussion Papers 637, C.E.P.R. Discussion Papers.

    Cited by:

    1. Kambayashi, Ryo & Ueno, Yuko, 2016. "Firms' Incentive Provisions: Tournament Structure and Worker Flow," RCESR Discussion Paper Series DP16-2, Research Center for Economic and Social Risks, Institute of Economic Research, Hitotsubashi University.
    2. Jeanine Miklós-Thal & Hannes Ullrich, 2014. "Career Prospects and Effort Incentives: Evidence from Professional Soccer," Discussion Papers of DIW Berlin 1432, DIW Berlin, German Institute for Economic Research.
    3. Denter, Philipp & Sisak, Dana, 2016. "Head starts in dynamic tournaments?," Economics Letters, Elsevier, vol. 149(C), pages 94-97.
    4. Sjögren Lindquist, Gabriella, 2010. "Tournaments and unfair treatment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(6), pages 670-682, December.
    5. Schmutzler, Armin & Klein, Arnd Heinrich, 2014. "Optimal Effort Incentives in Dynamic Tournaments," CEPR Discussion Papers 10192, C.E.P.R. Discussion Papers.
    6. Niladri Syam & James Hess & Ying Yang, 2013. "Sales contests versus quotas with imbalanced territories," Marketing Letters, Springer, vol. 24(3), pages 229-244, September.
    7. Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
    8. Esteve González, Patrícia, 2014. "Moral Hazard in Repeated Procurement of Services," Working Papers 2072/237593, Universitat Rovira i Virgili, Department of Economics.
    9. Lorens Imhof & Matthias Kräkel, 2016. "Ex post unbalanced tournaments," RAND Journal of Economics, RAND Corporation, vol. 47(1), pages 73-98, February.
    10. Hoffler, Felix & Sliwka, Dirk, 2003. "Do new brooms sweep clean? When and why dismissing a manager increases the subordinates' performance," European Economic Review, Elsevier, vol. 47(5), pages 877-890, October.
    11. Suh Jeongmeen, 2012. "A Theory of Optimal Quality Reports with Inertia," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-28, December.
    12. Herbertz, Claus & Sliwka, Dirk, 2013. "When higher prizes lead to lower efforts—The impact of favoritism in tournaments," Economics Letters, Elsevier, vol. 120(2), pages 188-191.
    13. Christian Ewerhart, 2014. "An envelope approach to tournament design," ECON - Working Papers 184, Department of Economics - University of Zurich, revised Oct 2015.
    14. Junichiro Ishida, 2012. "Dynamically Sabotage-Proof Tournaments," Journal of Labor Economics, University of Chicago Press, vol. 30(3), pages 627-655.
    15. Grossmann, Martin & Hottiger, Dieter, 2020. "Liquidity constraints and the formation of unbalanced contests," International Journal of Industrial Organization, Elsevier, vol. 73(C).
    16. Waldman, Michael, 2013. "Classic promotion tournaments versus market-based tournaments," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 198-210.
    17. Robert Ridlon & Jiwoong Shin, 2013. "Favoring the Winner or Loser in Repeated Contests," Marketing Science, INFORMS, vol. 32(5), pages 768-785, September.
    18. Mikhail Drugov & Margaret Meyer & Marc M ller, 2022. "Selecting the Best when Selection is Hard," Diskussionsschriften dp2204, Universitaet Bern, Departement Volkswirtschaft.
    19. Caselli, Francesco & Morelli, Massimo & Moreno de Barreda, Inés & Cunningham, Tom, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Thresholds," CEPR Discussion Papers 8832, C.E.P.R. Discussion Papers.
    20. Federico Quaresima & Fabio Fiorillo, 2017. "The patronage effect: a theoretical perspective of patronage and political selection," Working papers 63, Società Italiana di Economia Pubblica.
    21. Jed DeVaro & Michael Waldman, 2012. "The Signaling Role of Promotions: Further Theory and Empirical Evidence," Journal of Labor Economics, University of Chicago Press, vol. 30(1), pages 91-147.
    22. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal two stage committee voting rules," Game Theory and Information 0412006, University Library of Munich, Germany.
    23. Bang, Se Hoon & Kim, Jae Soo, 2016. "Conflict in the Shadow of Conflict," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 38(4), pages 95-114.
    24. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Biased contests for symmetric players," Games and Economic Behavior, Elsevier, vol. 103(C), pages 116-144.
    25. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
    26. Nicolas Carayol, 2003. "The incentive properties of the Matthew Effect in the academic competition," Working Papers of BETA 2003-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    27. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
    28. Miklós-Thal, Jeanine & Ullrich, Hannes, 2009. "Nomination contests: theory and empirical evidence from professional soccer," ZEW Discussion Papers 09-027, ZEW - Leibniz Centre for European Economic Research.
    29. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal Two Stage Committee Voting Rules," Discussion Papers 04-23, Department of Economics, University of Birmingham, revised Mar 2007.
    30. Derek J. Clark & Tore Nilssen & Jan Yngve Sand, 2020. "Gaining advantage by winning contests," Review of Economic Design, Springer;Society for Economic Design, vol. 24(1), pages 23-38, June.
    31. Kiyotaki, Fumi, 2004. "The effects of a consolation match on the promotion tournament," Journal of the Japanese and International Economies, Elsevier, vol. 18(2), pages 264-281, June.
    32. Volker Meier, 2001. "Setting Incentives: Temporary Performance Premiums Versus Promotion Tournaments," CESifo Working Paper Series 432, CESifo.
    33. Stefano Barbieri & Marco Serena, 2018. "Biasing Unbiased Dynamic Contests," Working Papers tax-mpg-rps-2018-06, Max Planck Institute for Tax Law and Public Finance.
    34. Smeets, Valerie, 2004. "Are There Fast Tracks in Economic Departments? Evidence from a Sample of Top Economists," Working Papers 04-4, University of Aarhus, Aarhus School of Business, Department of Economics.
    35. Klein, Arnd Heinrich & Schmutzler, Armin, 2021. "Incentives and motivation in dynamic contests," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 194-216.
    36. Johannes Münster, 2009. "Repeated Contests with Asymmetric Information," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 89-118, February.
    37. Ying Yang & Niladri Syam & James Hess, 2013. "Thrill of victory and agony of defeat: Emotional rewards and sales force compensation," Quantitative Marketing and Economics (QME), Springer, vol. 11(4), pages 379-402, December.
    38. Daniel Müller & Philipp Weinschenk, 2015. "Rater Bias and Incentive Provision," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(4), pages 833-862, October.
    39. Stepanov, Sergey, 2020. "Biased performance evaluation in a model of career concerns: incentives versus ex-post optimality," Journal of Economic Behavior & Organization, Elsevier, vol. 179(C), pages 589-607.
    40. Subhasish M. Chowdhury & Patricia Esteve-Gonzalez & Anwesha Mukherjee, 2020. "Heterogeneity, Leveling the Playing Field, and Affirmative Action in Contests," Munich Papers in Political Economy 06, Munich School of Politics and Public Policy and the School of Management at the Technical University of Munich.
    41. Klein, Arnd Heinrich & Schmutzler, Armin, 2013. "Intertemporal Effort Provision in Sequential Tournaments," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79973, Verein für Socialpolitik / German Economic Association.
    42. Pablo Casas-Arce & Carolyn Deller & F. Asís Martínez-Jerez & José Manuel Narciso, 2023. "Knowing that you know: incentive effects of relative performance disclosure," Review of Accounting Studies, Springer, vol. 28(1), pages 91-125, March.
    43. Florian Ederer, 2010. "Feedback and Motivation in Dynamic Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 733-769, September.
    44. Pablo Casas-Arce & F. Asís Martínez-Jerez, 2009. "Relative Performance Compensation, Contests, and Dynamic Incentives," Management Science, INFORMS, vol. 55(8), pages 1306-1320, August.
    45. Ying Yang & Niladri B. Syam & James D. Hess, 2013. "Thrill of victory and agony of defeat: Emotional rewards and sales force compensation," Quantitative Marketing and Economics (QME), Springer, vol. 11(4), pages 379-402, December.
    46. Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
    47. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.
    48. Francesco Caselli & Tom Cunningham & Massimo Morelli & Inés Moreno de Barreda, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Rules," CEP Discussion Papers dp1122, Centre for Economic Performance, LSE.
    49. Münster, Johannes, 2008. "Repeated contests with asymmetric information [Wiederholte Wettkämpfe mit asymmetrischer Information]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-08, WZB Berlin Social Science Center.
    50. Drugov, Mikhail, 2015. "Optimal Patronage," CEPR Discussion Papers 10343, C.E.P.R. Discussion Papers.
    51. Clark, Derek J. & Nilssen , Tore & Sand, Jan Yngve, 2014. "Keep on Fighting: Dynamic Win Effects in an All-Pay Auction," Memorandum 23/2014, Oslo University, Department of Economics.
    52. Möller, Marc, 2012. "Incentives versus competitive balance," Economics Letters, Elsevier, vol. 117(2), pages 505-508.

  11. Meyer, M.A., 1991. "The Dynamics of Learning with Team Production: Implications for Task Assignment," Papers 30, Stanford - Institute for Thoretical Economics.

    Cited by:

    1. Heski Bar-Isaac, 2007. "Something to prove: reputation in teams," RAND Journal of Economics, RAND Corporation, vol. 38(2), pages 495-511, June.
    2. Dirk Sliwka, 2001. "On the Costs and Benefits of Delegation in Organizations," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 157(4), pages 568-590, December.
    3. Ayça Kaya & Galina Vereshchagina, 2015. "Moral hazard and sorting in a market for partnerships," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(1), pages 73-121, September.
    4. Nathalie Greenan & Emmanuelle Walkowiak, 2005. "Informatique, organisation du travail et intéractions sociales," Econometrics 0505008, University Library of Munich, Germany.
    5. Heski Bar‐Isaac & Juan‐José Ganuza, 2008. "Recruitment, Training, and Career Concerns," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(4), pages 839-864, December.
    6. Huffman, Wallace E. & Just, Richard E., 1995. "Transaction Costs, Fads, and Politically Motivated Misdirection in Agricultural Research," ISU General Staff Papers 199506010700001276, Iowa State University, Department of Economics.
    7. Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
    8. Hakenes, Hendrik & Katolnik, Svetlana, 2017. "On the incentive effects of job rotation," European Economic Review, Elsevier, vol. 98(C), pages 424-441.
    9. Meagher, Kieron & Prasad, Suraj, 2016. "Career concerns and team talent," Journal of Economic Behavior & Organization, Elsevier, vol. 129(C), pages 1-17.
    10. Justin P. Johnson & David P. Myatt, 2006. "On the Simple Economics of Advertising, Marketing, and Product Design," American Economic Review, American Economic Association, vol. 96(3), pages 756-784, June.
    11. Fei Li & Can Tian, 2012. "Directed Search and Job Rotation," PIER Working Paper Archive 12-024, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    12. Jaime Ortega, 2003. "Power in the Firm and Managerial Career Concerns," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(1), pages 1-29, March.
    13. E. Carbonara, 1999. "The Optimal Allocation of Power in Organisations," Working Papers 358, Dipartimento Scienze Economiche, Universita' di Bologna.
    14. Heski Bar-Isaac & Juanjo Ganuza, 2005. "Teaching to the top and searching for superstars," Working Papers 05-06, New York University, Leonard N. Stern School of Business, Department of Economics.
    15. Diego Battiston & Miguel Espinosa & Shuo Liu, 2021. "Talent poaching and job rotation," Economics Working Papers 1768, Department of Economics and Business, Universitat Pompeu Fabra.
    16. Dirk Sliwka, 2006. "On the Notion of Responsibility in Organizations," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 22(2), pages 523-547, October.
    17. Edward Simpson Prescott, 2003. "Firms, assignments, and earnings," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 89(Fall), pages 69-81.
    18. Breton, M. & St-Amour, P. & Vencatachellum, D., 1998. "Birds of a Feather : Teams as a Screening Mechanism," Papers 9808, Laval - Recherche en Politique Economique.
    19. Jaime Ortega, 2001. "Job Rotation as a Learning Mechanism," Management Science, INFORMS, vol. 47(10), pages 1361-1370, October.
    20. Koch, Michael & Egger, Hartmut, 2013. "Trade and the Firm-Internal Allocation of Workers to Tasks," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79841, Verein für Socialpolitik / German Economic Association.
    21. Matt Mitchell & Galina Vereshchagina & April Franco, 2009. "Incentives and the Structure of Teams," 2009 Meeting Papers 758, Society for Economic Dynamics.
    22. R de Koster & M Yu, 2008. "Minimizing makespan and throughput times at Aalsmeer flower auction," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(9), pages 1182-1190, September.
    23. Edward Simpson Prescott & Robert M. Townsend, 2003. "Mechanism design and assignment models," Working Paper 03-09, Federal Reserve Bank of Richmond.
    24. Alessandra Allocca, 2023. "“No Man is an Island”: An Empirical Study on Team Formation and Performance," Rationality and Competition Discussion Paper Series 389, CRC TRR 190 Rationality and Competition.
    25. Amihai Glazer & Stef Proost, 2007. "Earmarking: Bundling to Signal Quality," Working Papers 060713, University of California-Irvine, Department of Economics.
    26. Li, Fei & Tian, Can, 2011. "Directed search and job rotation," MPRA Paper 33875, University Library of Munich, Germany.
    27. Stephan Leitner, 2023. "Designing organizations for bottom-up task allocation: The role of incentives," Papers 2301.00410, arXiv.org.
    28. BÃ¥rd Harstad, 2007. "Organizational Form and the Market for Talent," Journal of Labor Economics, University of Chicago Press, vol. 25(3), pages 581-611.
    29. Jan Eeckhout, 2000. "Competing Norms of Cooperation," Econometric Society World Congress 2000 Contributed Papers 0559, Econometric Society.
    30. Audrey J. Murrell & Stacy Blake-Beard & David M. Porter, 2021. "The Importance of Peer Mentoring, Identity Work and Holding Environments: A Study of African American Leadership Development," IJERPH, MDPI, vol. 18(9), pages 1-19, May.
    31. Ricardo Barahona & Stefano Cassella & Kristy A. E. Jansen, 2023. "Do Teams Alleviate or Exacerbate the Extrapolation Bias in the Stock Market?," Working Papers 2335, Banco de España.
    32. Pinheiro, Roberto & Yung, Chris, 2015. "CEOs in family firms: Does junior know what he's doing?," Journal of Corporate Finance, Elsevier, vol. 33(C), pages 345-361.
    33. Breton, Michele & St-Amour, Pascal & Vencatachellum, Desire, 2003. "Dynamic production teams with strategic behavior," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 875-905, March.
    34. Jeon, Seonghoon, 1996. "Moral hazard and reputational concerns in teams: Implications for organizational choice," International Journal of Industrial Organization, Elsevier, vol. 14(3), pages 297-315, May.
    35. Drugov, Mikhail, 2015. "Optimal Patronage," CEPR Discussion Papers 10343, C.E.P.R. Discussion Papers.

Articles

  1. Meyer, Margaret & Moreno de Barreda, Inés & Nafziger, Julia, 2019. "Robustness of full revelation in multisender cheap talk," Theoretical Economics, Econometric Society, vol. 14(4), November.
    See citations under working paper version above.
  2. Florian Ederer & Richard Holden & Margaret Meyer, 2018. "Gaming and strategic opacity in incentive provision," RAND Journal of Economics, RAND Corporation, vol. 49(4), pages 819-854, December.
    See citations under working paper version above.
  3. Meyer, Margaret & Strulovici, Bruno, 2012. "Increasing interdependence of multivariate distributions," Journal of Economic Theory, Elsevier, vol. 147(4), pages 1460-1489.
    See citations under working paper version above.
  4. Meyer, Margaret A & Vickers, John, 1997. "Performance Comparisons and Dynamic Incentives," Journal of Political Economy, University of Chicago Press, vol. 105(3), pages 547-581, June.
    See citations under working paper version above.
  5. Meyer, Margaret A. & Olsen, Trond E. & Torsvik, Gaute, 1996. "Limited intertemporal commitment and job design," Journal of Economic Behavior & Organization, Elsevier, vol. 31(3), pages 401-417, December.
    See citations under working paper version above.
  6. Meyer, Margaret A., 1995. "Cooperation and competition in organizations: A dynamic perspective," European Economic Review, Elsevier, vol. 39(3-4), pages 709-722, April.

    Cited by:

    1. Patrick W. Schmitz, 2005. "Allocating Control in Agency Problems with Limited Liability and Sequential Hidden Actions," RAND Journal of Economics, The RAND Corporation, vol. 36(2), pages 318-336, Summer.
    2. Meyer, Margaret A & Vickers, John, 1995. "Performance Comparisons and Dynamic Incentives," CEPR Discussion Papers 1107, C.E.P.R. Discussion Papers.
    3. Florin c{S}abac, 2007. "Dynamic Agency with Renegotiation and Managerial Tenure," Management Science, INFORMS, vol. 53(5), pages 849-864, May.
    4. Seonghoon Jeon, 2001. "Reciprocal Agency," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 157(2), pages 246-264, June.
    5. Trond Olsen & Gaute Torsvik, 1994. "Limited Intertemporal Commitment and Job Design," CESifo Working Paper Series 77, CESifo.
    6. Indjejikian, Raffi & Nanda, Dhananjay, 2003. "Reply to: dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 437-441, August.
    7. Uwe Jirjahn, 2009. "The Introduction of Works Councils in German Establishments — Rent Seeking or Rent Protection?," British Journal of Industrial Relations, London School of Economics, vol. 47(3), pages 521-545, September.
    8. Olsen, Trond E & Torsvik, Gaute, 2000. "Discretion and Incentives in Organizations," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 377-404, July.
    9. Jens Robert Schöndube, 2007. "Early versus late effort in dynamic agencies with learning about productivity," FEMM Working Papers 07026, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    10. Herbert Dawid & Michael Kopel, 2003. "A Comparison of Exit and Voice Relationships Under Common Uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(4), pages 531-555, December.
    11. Indjejikian, Raffi & Nanda, Dhananjay, 1999. "Dynamic incentives and responsibility accounting," Journal of Accounting and Economics, Elsevier, vol. 27(2), pages 177-201, April.
    12. Porametr Leegomonchai & Tomislav Vukina, 2005. "Dynamic Incentives and Agent Discrimination in Broiler Production Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 14(4), pages 849-877, December.
    13. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2003. "Dynamic incentives and responsibility accounting: a comment," Journal of Accounting and Economics, Elsevier, vol. 35(3), pages 423-436, August.
    14. Feltham, Gerald & Indjejikian, Raffi & Nanda, Dhananjay, 2006. "Dynamic incentives and dual-purpose accounting," Journal of Accounting and Economics, Elsevier, vol. 42(3), pages 417-437, December.
    15. Kornelius Kraft & Antonia Niederprüm, 1999. "Ist die Vergütung von Managern im Zeitablauf flexibler geworden?," Schmalenbach Journal of Business Research, Springer, vol. 51(9), pages 787-804, September.
    16. Fleckinger, Pierre & Martimort, David & Roux, Nicolas, 2023. "Should They Compete or Should They Cooperate? The View of Agency Theory," TSE Working Papers 23-1421, Toulouse School of Economics (TSE), revised Jan 2024.
    17. Christensen, Peter O. & Feltham, Gerald A. & Sabac, Florin, 2005. "A contracting perspective on earnings quality," Journal of Accounting and Economics, Elsevier, vol. 39(2), pages 265-294, June.

  7. Margaret A. Meyer, 1994. "The Dynamics of Learning with Team Production: Implications for Task Assignment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(4), pages 1157-1184.
    See citations under working paper version above.
  8. Margaret A. Meyer, 1992. "Biased Contests and Moral Hazard: Implications for Career Profiles," Annals of Economics and Statistics, GENES, issue 25-26, pages 165-187.
    See citations under working paper version above.
  9. Meyer, Margaret & Milgrom, Paul & Roberts, John, 1992. "Organizational Prospects, Influence Costs, and Ownership Changes," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(1), pages 9-35, Spring.
    See citations under working paper version above.
  10. Margaret A. Meyer, 1991. "Learning from Coarse Information: Biased Contests and Career Profiles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 15-41.

    Cited by:

    1. Carrillo, Juan & Brocas, Isabelle, 2007. "Reason, Emotion and Information Processing in the Brain," CEPR Discussion Papers 6535, C.E.P.R. Discussion Papers.
    2. Jeanine Miklós-Thal & Hannes Ullrich, 2014. "Career Prospects and Effort Incentives: Evidence from Professional Soccer," Discussion Papers of DIW Berlin 1432, DIW Berlin, German Institute for Economic Research.
    3. Konrad, Kai A., 2005. "Tournaments and Multiple Productive Inputs: The Case of Performance Enhancing Drugs," IZA Discussion Papers 1844, Institute of Labor Economics (IZA).
    4. Krahmer, Daniel, 2007. "Equilibrium learning in simple contests," Games and Economic Behavior, Elsevier, vol. 59(1), pages 105-131, April.
    5. Mahmood Arai & Antoine Billot & Joseph Lanfranchi, 2001. "Learning by helping: a bounded rationality model of mentoring," Post-Print hal-01895549, HAL.
    6. Letina, Igor & Liu, Shuo & Netzer, Nick, 2022. "Optimal Contest Design: Tuning the Heat," CEPR Discussion Papers 14854, C.E.P.R. Discussion Papers.
    7. Winston Koh, 1992. "A note on modelling tournaments," Journal of Economics, Springer, vol. 55(3), pages 297-308, October.
    8. Philippe Jehiel & Jakub Steiner, 2019. "Selective Sampling with Information-Storage Constraints," Working Papers halshs-02183450, HAL.
    9. Stefano Barbieri & Marco Serena, 2020. "Fair Representation in Primaries: Heterogeneity and the New Hampshire Effect," Working Papers tax-mpg-rps-2020-07, Max Planck Institute for Tax Law and Public Finance.
    10. Sgroi, Daniel, 2002. "Optimizing Information in the Herd: Guinea Pigs, Profits, and Welfare," Games and Economic Behavior, Elsevier, vol. 39(1), pages 137-166, April.
    11. Gershkov, Alex & Perry, Motty, 2009. "Tournaments with midterm reviews," Games and Economic Behavior, Elsevier, vol. 66(1), pages 162-190, May.
    12. Deng, Shanglyu & Fu, Qiang & Wu, Zenan, 2021. "Optimally biased Tullock contests," Journal of Mathematical Economics, Elsevier, vol. 92(C), pages 10-21.
    13. Haucap, Justus, 2010. "Eingeschränkte Rationalität in der Wettbewerbsökonomie," DICE Ordnungspolitische Perspektiven 08, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    14. Carrillo, Juan, 2000. "Try Me! On Job Assignments as a Screening Device," CEPR Discussion Papers 2552, C.E.P.R. Discussion Papers.
    15. Gürtler, Marc & Gürtler, Oliver, 2013. "The optimality of heterogeneous tournaments," Working Papers IF42V1, Technische Universität Braunschweig, Institute of Finance.
    16. Sgroi, D., 2002. "Modelling Experience as Signal Accumulation," Cambridge Working Papers in Economics 0205, Faculty of Economics, University of Cambridge.
    17. Dawid, Herbert & Muehlheusser, Gerd, 2015. "Repeated selection with heterogeneous individuals and relative age effects," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 387-406.
    18. Yeon-Koo Che & Konrad Mierendorff, 2018. "Optimal Dynamic Allocation of Attention," Papers 1812.06967, arXiv.org.
    19. Lorens Imhof & Matthias Kräkel, 2016. "Ex post unbalanced tournaments," RAND Journal of Economics, RAND Corporation, vol. 47(1), pages 73-98, February.
    20. Arai, Mahmood & Bursell, Moa & Nekby, Lena, 2008. "Between Meritocracy and Ethnic Discrimination: The Gender Difference," IZA Discussion Papers 3467, Institute of Labor Economics (IZA).
    21. Kräkel, Matthias, 2011. "Optimal Seedings in Elimination Tournaments Revisited," Bonn Econ Discussion Papers 14/2011, University of Bonn, Bonn Graduate School of Economics (BGSE).
    22. Li, Bo & Wu, Zenan & Xing, Zeyu, 2023. "Optimally biased contests with draws," Economics Letters, Elsevier, vol. 226(C).
    23. Mikhail Drugov & Dmitry Ryvkin, 2020. "Hunting for the discouragement effect in contests," Working Papers w0278, New Economic School (NES).
    24. David Dickinson & Marie Claire Villeval, 2007. "The Peter Principle: An Experiment," Post-Print halshs-00175434, HAL.
    25. Suh Jeongmeen, 2012. "A Theory of Optimal Quality Reports with Inertia," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-28, December.
    26. Jaime Ortega, 2003. "Power in the Firm and Managerial Career Concerns," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(1), pages 1-29, March.
    27. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
    28. Jeremy Burke, 2008. "Primetime Spin: Media Bias and Belief Confirming Information," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 17(3), pages 633-665, September.
    29. Bøg, Martin, 2006. "Whom to Observe?," MPRA Paper 8773, University Library of Munich, Germany, revised 14 May 2008.
    30. Matthias Kräkel, 2014. "Sandbagging," Journal of Sports Economics, , vol. 15(3), pages 263-284, June.
    31. Clark, D.J. & Riis, C., 1996. "Rank-Order Tournaments and Selection," Memorandum 1996_027, Oslo University, Department of Economics.
    32. Santiago Oliveros & Felix Várdy, 2015. "Demand for Slant: How Abstention Shapes Voters' Choice of News Media," Economic Journal, Royal Economic Society, vol. 125(587), pages 1327-1368, September.
    33. David Dickinson & Marie Claire Villeval, 2012. "Job Allocation Rules and Sorting Efficiency: Experimental Outcomes in a Peter Principle Environment," Post-Print halshs-00664665, HAL.
    34. Grossmann, Martin & Hottiger, Dieter, 2020. "Liquidity constraints and the formation of unbalanced contests," International Journal of Industrial Organization, Elsevier, vol. 73(C).
    35. D. Sgroi, 2001. "Controlling the Herd: Applications of Herding Theory," Cambridge Working Papers in Economics 0106, Faculty of Economics, University of Cambridge.
    36. Waldman, Michael, 2013. "Classic promotion tournaments versus market-based tournaments," International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 198-210.
    37. Robert Ridlon & Jiwoong Shin, 2013. "Favoring the Winner or Loser in Repeated Contests," Marketing Science, INFORMS, vol. 32(5), pages 768-785, September.
    38. Wernerfelt, Birger, 2003. "Organizational Languages," Working papers 4278-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    39. Mikhail Drugov & Margaret Meyer & Marc M ller, 2022. "Selecting the Best when Selection is Hard," Diskussionsschriften dp2204, Universitaet Bern, Departement Volkswirtschaft.
    40. Norbert Bach & Oliver Guertler & Joachim Prinz, 2009. "Incentive Effects in Tournaments with Heterogeneous Competitors – an Analysis of the Olympic Rowing Regatta in Sydney 2000," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 20(3), pages 239-253.
    41. Philippe Jeniel, 2001. "Analogy-Based Expectation Equilibrium," Economics Working Papers 0003, Institute for Advanced Study, School of Social Science.
    42. Caselli, Francesco & Morelli, Massimo & Moreno de Barreda, Inés & Cunningham, Tom, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Thresholds," CEPR Discussion Papers 8832, C.E.P.R. Discussion Papers.
    43. Ellis, Andrew, 2017. "Foundations for optimal inattention," LSE Research Online Documents on Economics 85334, London School of Economics and Political Science, LSE Library.
    44. Verboven, Frank & Haeck, Catherine, 2010. "The Internal Economics of a University - Evidence from Personnel Data," CEPR Discussion Papers 7843, C.E.P.R. Discussion Papers.
    45. James W. Bono, 2008. "Sales contests, promotion decisions and heterogeneous risk," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(4), pages 371-382.
    46. Nobuo Koida, 2012. "Nest-monotonic two-stage acts and exponential probability capacities," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(1), pages 99-124, May.
    47. Jed DeVaro & Michael Waldman, 2012. "The Signaling Role of Promotions: Further Theory and Empirical Evidence," Journal of Labor Economics, University of Chicago Press, vol. 30(1), pages 91-147.
    48. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal two stage committee voting rules," Game Theory and Information 0412006, University Library of Munich, Germany.
    49. Bang, Se Hoon & Kim, Jae Soo, 2016. "Conflict in the Shadow of Conflict," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 38(4), pages 95-114.
    50. Christian Ewerhart & Marco Serena, 2023. "On the (im-)possibility of representing probability distributions as a difference of i.i.d. noise terms," ECON - Working Papers 428, Department of Economics - University of Zurich, revised Oct 2023.
    51. Kawamura, Kohei & Moreno de Barreda, Inés, 2014. "Biasing selection contests with ex-ante identical agents," Economics Letters, Elsevier, vol. 123(2), pages 240-243.
    52. Drugov, Mikhail & Ryvkin, Dmitry, 2017. "Biased contests for symmetric players," Games and Economic Behavior, Elsevier, vol. 103(C), pages 116-144.
    53. Oliver Gürtler, 2006. "Are 18 Holes Enough for Tiger Woods?," Bulletin of Economic Research, Wiley Blackwell, vol. 58(3), pages 267-284, July.
    54. Hvide, Hans K. & Kristiansen, Eirik G., 2003. "Risk taking in selection contests," Games and Economic Behavior, Elsevier, vol. 42(1), pages 172-179, January.
    55. Maria Goltsman & Arijit Mukherjee, 2011. "Interim Performance Feedback in Multistage Tournaments: The Optimality of Partial Disclosure," Journal of Labor Economics, University of Chicago Press, vol. 29(2), pages 229-265.
    56. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
    57. Nicolas Carayol, 2003. "The incentive properties of the Matthew Effect in the academic competition," Working Papers of BETA 2003-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    58. Yaron Azrieli, 2024. "Temporary exclusion in repeated contests," Papers 2401.06257, arXiv.org, revised Mar 2024.
    59. Miklós-Thal, Jeanine & Ullrich, Hannes, 2009. "Nomination contests: theory and empirical evidence from professional soccer," ZEW Discussion Papers 09-027, ZEW - Leibniz Centre for European Economic Research.
    60. Ian Ayres & Colin Rowat & Nasser Zakariya, 2004. "Optimal Two Stage Committee Voting Rules," Discussion Papers 04-23, Department of Economics, University of Birmingham, revised Mar 2007.
    61. Gans, Joshua S., 1996. "On the impossibility of rational choice under incomplete information," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 287-309, March.
    62. Brock, William A. & Evans, Lewis T., 1996. "Principal-agent contracts in continuous time asymmetric information models the importance of large continuing information flows," Journal of Economic Behavior & Organization, Elsevier, vol. 29(3), pages 523-535, May.
    63. Alexander K. Koch & Julia Nafziger, 2012. "Job Assignments under Moral Hazard: The Peter Principle Revisited," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(4), pages 1029-1059, December.
    64. Claudia Herresthal, 2015. "Inferring School Quality from Rankings: The Impact of School Choice," Economics Series Working Papers 747, University of Oxford, Department of Economics.
    65. Johannes Münster, 2007. "Selection Tournaments, Sabotage, and Participation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(4), pages 943-970, December.
    66. Carrillo, Juan D., 2003. "Job assignments as a screening device," International Journal of Industrial Organization, Elsevier, vol. 21(6), pages 881-905, June.
    67. Evans, R., Reiche, S. & Reiche, S., 2022. "When is a Contrarian Adviser Optimal?," Cambridge Working Papers in Economics 2222, Faculty of Economics, University of Cambridge.
    68. George W. J. Hendrikse, 1998. "Screening, Competition and the Choice of the Cooperative as an Organisational Form," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(2), pages 202-217, June.
    69. Volker Meier, 2001. "Setting Incentives: Temporary Performance Premiums Versus Promotion Tournaments," CESifo Working Paper Series 432, CESifo.
    70. Stefano Barbieri & Marco Serena, 2018. "Biasing Unbiased Dynamic Contests," Working Papers tax-mpg-rps-2018-06, Max Planck Institute for Tax Law and Public Finance.
    71. Brocas, Isabelle & Carrillo, Juan D., 2012. "From perception to action: An economic model of brain processes," Games and Economic Behavior, Elsevier, vol. 75(1), pages 81-103.
    72. Francine D. Blau & Jed DeVaro, 2006. "New Evidence on Gender Difference in Promotion Rates: An Empirical Analysis of a Sample of New Hires," NBER Working Papers 12321, National Bureau of Economic Research, Inc.
    73. Johannes Münster, 2009. "Repeated Contests with Asymmetric Information," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 89-118, February.
    74. Jed DeVaro & Antti Kauhanen, 2016. "An “Opposing Responses” Test of Classic versus Market-Based Promotion Tournaments," Journal of Labor Economics, University of Chicago Press, vol. 34(3), pages 747-779.
    75. Hendrikse, G.W.J., 1994. "Screening, competition and (de)centralization," Other publications TiSEM f01f9090-e4b1-476b-9718-0, Tilburg University, School of Economics and Management.
    76. Gürtler, Oliver, 2005. "Are 18 holes enough for Tiger Woods?," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 44, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    77. Dirk E. Black & Marshall D. Vance, 2021. "Do First Impressions Last? The Impact of Initial Assessments and Subsequent Performance on Promotion Decisions," Management Science, INFORMS, vol. 67(7), pages 4556-4576, July.
    78. Florian Ederer, 2010. "Feedback and Motivation in Dynamic Tournaments," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(3), pages 733-769, September.
    79. David Bjerk, 2008. "Glass Ceilings or Sticky Floors? Statistical Discrimination in a Dynamic Model of Hiring and Promotion," Economic Journal, Royal Economic Society, vol. 118(530), pages 961-982, July.
    80. Hendrikse, G.W.J., 1994. "Screening, competition and (de)centralization," Research Memorandum FEW 633, Tilburg University, School of Economics and Management.
    81. Herresthal, C., 2017. "Performance-Based Rankings and School Quality," Cambridge Working Papers in Economics 1754, Faculty of Economics, University of Cambridge.
    82. Charles J. Hadlock & Tracy Lewis, 2003. "Bargaining When Exchange Affects the Value of Future Trade," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 12(4), pages 557-589, December.
    83. Hossain, Tanjim & Morgan, John, 2022. "Maybe I Should Just Stay Home," MPRA Paper 111761, University Library of Munich, Germany.
    84. Bernd Frick & Oliver Gürtler & Joachim Prinz, 2008. "Anreize in Turnieren mit heterogenen Teilnehmern — Eine empirische Untersuchung mit Daten aus der Fußball-Bundesliga," Schmalenbach Journal of Business Research, Springer, vol. 60(4), pages 385-405, June.
    85. Brilon, Stefanie, 2015. "Job assignment with multivariate skills and the Peter Principle," Labour Economics, Elsevier, vol. 32(C), pages 112-121.
    86. Barbieri, Stefano & Serena, Marco, 2022. "Biasing dynamic contests between ex-ante symmetric players," Games and Economic Behavior, Elsevier, vol. 136(C), pages 1-30.
    87. Francesco Caselli & Tom Cunningham & Massimo Morelli & Inés Moreno de Barreda, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Rules," CEP Discussion Papers dp1122, Centre for Economic Performance, LSE.
    88. Robert Gibbons, 1996. "Incentives and Careers in Organizations," NBER Working Papers 5705, National Bureau of Economic Research, Inc.
    89. Münster, Johannes, 2006. "Selection Tournaments, Sabotage, and Participation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 118, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    90. Fu, Qiang & Wu, Zenan, 2020. "On the optimal design of biased contests," Theoretical Economics, Econometric Society, vol. 15(4), November.
    91. Münster, Johannes, 2008. "Repeated contests with asymmetric information [Wiederholte Wettkämpfe mit asymmetrischer Information]," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-08, WZB Berlin Social Science Center.
    92. Katolnik, Svetlana & Hakenes, Hendrik, 2014. "On the Incentive Effect of Job Rotation," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100574, Verein für Socialpolitik / German Economic Association.
    93. Drugov, Mikhail, 2015. "Optimal Patronage," CEPR Discussion Papers 10343, C.E.P.R. Discussion Papers.

  11. Klemperer, Paul D & Meyer, Margaret A, 1989. "Supply Function Equilibria in Oligopoly under Uncertainty," Econometrica, Econometric Society, vol. 57(6), pages 1243-1277, November.

    Cited by:

    1. Yasui, Yuta & Haraguchi, Junichi, 2018. "Supply function equilibria and nonprofit-maximizing objectives," Economics Letters, Elsevier, vol. 166(C), pages 50-55.
    2. Alexander Teytelboym & Shengwu Li & Scott Duke Kominers & Mohammad Akbarpour & Piotr Dworczak, 2021. "Discovering Auctions: Contributions of Paul Milgrom and Robert Wilson," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(3), pages 709-750, July.
    3. Matti Keloharju & Kjell G. Nyborg & Kristian Rydqvist, 2003. "Strategic Behavior and Underpricing in Uniform Price Auctions," Working Papers 2003.25, Fondazione Eni Enrico Mattei.
    4. Jordi Brandts & Paul Pezanis-Christou & Arthur Schram, 2003. "Competition with Forward Contracts: A Laboratory Analysis Motivated by Electricity Market Design," Levine's Bibliography 666156000000000172, UCLA Department of Economics.
    5. Denis Claude & Mabel Tidball, 2022. "Taking firms’ margin targets seriously in a model of competition in supply functions," CEE-M Working Papers hal-03548797, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    6. Lise, Wietze & Hobbs, Benjamin F. & Hers, Sebastiaan, 2008. "Market power in the European electricity market--The impacts of dry weather and additional transmission capacity," Energy Policy, Elsevier, vol. 36(4), pages 1331-1343, April.
    7. Garcia-Diaz, Anton & Marin, Pedro L., 2003. "Strategic bidding in electricity pools with short-lived bids: an application to the Spanish market," International Journal of Industrial Organization, Elsevier, vol. 21(2), pages 201-222, February.
    8. Giulio Federico & David Rahman, 2000. "Bidding in an electricity pay-as-bid auction," Economics Papers 2001-W5, Economics Group, Nuffield College, University of Oxford, revised 01 Apr 2001.
    9. Severin Borenstein & James Bushnell, 1998. "An Empirical Analysis of the Potential for Market Power in California's Electricity Industry," NBER Working Papers 6463, National Bureau of Economic Research, Inc.
    10. Roberto Burguet & József Sákovics, 2014. "Bertrand and the Long Run," Working Papers 777, Barcelona School of Economics.
    11. Josheski Dushko & Karamazova Elena, 2021. "Auction theory and a note on game mechanisms," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 7(1), pages 43-59, May.
    12. LiCalzi, Marco & Pavan, Alessandro, 2005. "Tilting the supply schedule to enhance competition in uniform-price auctions," European Economic Review, Elsevier, vol. 49(1), pages 227-250, January.
    13. Cruise, James R. & Flatley, Lisa & Zachary, Stan, 2018. "Impact of storage competition on energy markets," European Journal of Operational Research, Elsevier, vol. 269(3), pages 998-1012.
    14. Eric Guerci & Stefano Ivaldi & Silvano Cincotti, 2008. "Learning Agents in an Artificial Power Exchange: Tacit Collusion, Market Power and Efficiency of Two Double-auction Mechanisms," Computational Economics, Springer;Society for Computational Economics, vol. 32(1), pages 73-98, September.
    15. Vives, Xavier, 2008. "Strategic supply function competition with private information," IESE Research Papers D/774, IESE Business School.
    16. Willems, Bert & Rumiantseva, I. & Weigt, H., 2007. "Cournot versus Supply Functions : What Does the Data tell us?," Other publications TiSEM d59ac731-8d6c-4cfe-b2d3-0, Tilburg University, School of Economics and Management.
    17. José R. Correa & Nicolás Figueroa & Nicolás E. Stier-Moses, 2008. "Pricing with markups in industries with increasing marginal costs," Documentos de Trabajo 256, Centro de Economía Aplicada, Universidad de Chile.
    18. Anna Bayona & Jordi Brandts & Xavier Vives, 2016. "Information Frictions and Market Power: A Laboratory Study," Working Papers 916, Barcelona School of Economics.
    19. Erwann SbaÏ & Olivier Armantier, 2006. "Estimation and comparison of treasury auction formats when bidders are asymmetric," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(6), pages 745-779.
    20. Frank A. Wolak, 2001. "Identification and Estimation of Cost Functions Using Observed Bid Data: An Application to Electricity Markets," NBER Working Papers 8191, National Bureau of Economic Research, Inc.
    21. Paul Klemperer, 2000. "Why Every Economist Should Learn Some Auction Theory," Microeconomics 0004009, University Library of Munich, Germany.
    22. Simon Finster, 2020. "Strategic Bidding in Product-Mix, Sequential, and Simultaneous Auctions," Economics Papers 2020-W03, Economics Group, Nuffield College, University of Oxford.
    23. Klemperer, Paul, 2009. "The Product-Mix Auction: a New Auction Design for Differentiated Goods," CEPR Discussion Papers 7395, C.E.P.R. Discussion Papers.
    24. van Koten, Silvester & Ortmann, Andreas, 2013. "Structural versus behavioral remedies in the deregulation of electricity markets: An experimental investigation motivated by policy concerns," European Economic Review, Elsevier, vol. 64(C), pages 256-265.
    25. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity pricing and market power: Evidence from Germany," CAWM Discussion Papers 9, University of Münster, Münster Center for Economic Policy (MEP).
    26. Antelo, Manel & Bru, Lluís, 2015. "Buyer groups, preferential treatment through key account management, and cartel stability," MPRA Paper 79197, University Library of Munich, Germany, revised 11 Dec 2016.
    27. Rey, Patrick & Tirole, Jean, 2007. "A Primer on Foreclosure," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 33, pages 2145-2220, Elsevier.
    28. Maria Kopsakangas-Savolainen, 2003. "Quantity versus Price Competition in the Deregulated Finnish Electricity Markets," Finnish Economic Papers, Finnish Economic Association, vol. 16(2), pages 51-60, Autumn.
    29. Martimort David & Stole Lars, 2003. "Contractual Externalities and Common Agency Equilibria," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 3(1), pages 1-40, July.
    30. Holmberg, Pär, 2004. "Unique Supply Function Equilibrium with Capacity Constraints," Working Paper Series 2004:20, Uppsala University, Department of Economics.
    31. Severin Borenstein & James. Bushnell & Steven Stoft, 2000. "The Competitive Effects of Transmission Capacity in A Deregulated Electricity Industry," RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 294-325, Summer.
    32. Wölfing, Nikolas, 2019. "Forward trading and collusion in supply functions," ZEW Discussion Papers 19-003, ZEW - Leibniz Centre for European Economic Research.
    33. Marta Ferreira Dias & Silvia F. Jorge, 2017. "Market power and integrated regional markets of electricity: a simulation of the MIBEL," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 6(2), pages 45-67, November.
    34. Chakraborty, Archishman & Pagano, Michael S. & Schwartz, Robert A., 2012. "Order revelation at market openings," Journal of Financial Markets, Elsevier, vol. 15(2), pages 127-150.
    35. Mauritzen, Johannes & Tangerås, Thomas, 2014. "Real-time versus Day-ahead Market Power in a Hydro-based Electricity Market," Working Paper Series 1009, Research Institute of Industrial Economics.
    36. Michele Fioretti & Jorge Tamayo, 2021. "Saving for a Dry Day: Coal, Dams, and the Energy Transition," Sciences Po publications 2021-07, Sciences Po.
    37. Hugo Pedro Boff, 2004. "The Supply Of Perishable Goods," Econometric Society 2004 Latin American Meetings 306, Econometric Society.
    38. Peter Cramton, 2003. "Competitive Bidding Behavior in Uniform-Price Auction Markets," Papers of Peter Cramton 03ferc1, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    39. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    40. Li, Gong & Shi, Jing & Qu, Xiuli, 2011. "Modeling methods for GenCo bidding strategy optimization in the liberalized electricity spot market–A state-of-the-art review," Energy, Elsevier, vol. 36(8), pages 4686-4700.
    41. Moritz Bohland & Sebastian Schwenen, 2020. "Technology Policy and Market Structure: Evidence from the Power Sector," Discussion Papers of DIW Berlin 1856, DIW Berlin, German Institute for Economic Research.
    42. Newbery, David M., 1997. "Privatisation and liberalisation of network utilities," European Economic Review, Elsevier, vol. 41(3-5), pages 357-383, April.
    43. Keita Yamane, 2018. "Mixed duopoly and the indirect effect in linear supply function competition," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(4), pages 519-532, December.
    44. Delgado, Juan & Moreno, Diego, 1999. "Coalition-proof supply function equilibria in oligopoly," UC3M Working papers. Economics 6145, Universidad Carlos III de Madrid. Departamento de Economía.
    45. Robert A. Ritz, 2018. "Oligopolistic competition and welfare," Chapters, in: Luis C. Corchón & Marco A. Marini (ed.), Handbook of Game Theory and Industrial Organization, Volume I, chapter 7, pages 181-200, Edward Elgar Publishing.
    46. T. S. Genc, 2009. "Discriminatory Versus Uniform-Price Electricity Auctions with Supply Function Equilibrium," Journal of Optimization Theory and Applications, Springer, vol. 140(1), pages 9-31, January.
    47. Larue, Bruno & Yapo, Vincent, 2000. "Asymmetries in risk and in risk attitude: the duopoly case," Journal of Economics and Business, Elsevier, vol. 52(5), pages 435-453.
    48. Holmberg, Pär, 2005. "Numerical Calculation of an Asymmetric Supply Function Equilibrium with Capacity Constraints," Working Paper Series 2005:12, Uppsala University, Department of Economics.
    49. Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
    50. Genakos, Christos & Grey, Felix & Ritz, Robert, 2020. "GENERALIZED LINEAR COMPETITION: From pass-through to policy," CEPR Discussion Papers 15127, C.E.P.R. Discussion Papers.
    51. Holmberg, Pär & Willems, Bert, 2015. "Relaxing competition through speculation: Committing to a negative supply slope," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 236-266.
    52. Kai-Uwe Kühn & Matilde Machado, 2004. "Bilateral Market Power and Vertical Integration in the Spanish Electricity Spot Market," Working Papers wp2004_0414, CEMFI.
    53. Boom, Anette & Schwenen, Sebastian, 2020. "Is Real-time Pricing Smart for Consumers?," Working Papers 12-2020, Copenhagen Business School, Department of Economics.
    54. Fiuza de Bragança, Gabriel Godofredo & Daglish, Toby, 2016. "Can market power in the electricity spot market translate into market power in the hedge market?," Energy Economics, Elsevier, vol. 58(C), pages 11-26.
    55. Ahmed Anwar, 1999. "The Case for a Discriminatory Pricing Rule in Competitive Electricity Pools," Edinburgh School of Economics Discussion Paper Series 39, Edinburgh School of Economics, University of Edinburgh.
    56. Han, Seungjin, 2004. "Menu Theorems for Bilateral Contracting," Microeconomics.ca working papers han-04-01-29-10-05-13, Vancouver School of Economics, revised 29 Jan 2004.
    57. Flavio M. Menezes & Jorge Pereira, 2017. "Emissions abatement R&D: Dynamic competition in supply schedules," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(4), pages 841-859, August.
    58. Ali Hortaçsu & Steven L. Puller, 2008. "Understanding strategic bidding in multi‐unit auctions: a case study of the Texas electricity spot market," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 86-114, March.
    59. Delgado, Juan, 2005. "Coalition-proof supply function equilibria under capacity constraints," UC3M Working papers. Economics we052314, Universidad Carlos III de Madrid. Departamento de Economía.
    60. Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
    61. M. Soledad Arellano & Pablo Serra, 2005. "Market Power in Price-Regulated Power Industries," Documentos de Trabajo 208, Centro de Economía Aplicada, Universidad de Chile.
    62. Fabra, Natalia & de Frutos, Maria-Angeles, 2007. "Endogenous Capacities and Price Competition: The Role of Demand Uncertainty," CEPR Discussion Papers 6096, C.E.P.R. Discussion Papers.
    63. Bonacina, Monica & Gulli`, Francesco, 2007. "Electricity pricing under "carbon emissions trading": A dominant firm with competitive fringe model," Energy Policy, Elsevier, vol. 35(8), pages 4200-4220, August.
    64. Boone, J., 2002. "'Be Nice Unless it Pays to Fight' : A New Theory of Price Determination with Implications for Competition Policy," Discussion Paper 2002-23, Tilburg University, Center for Economic Research.
    65. Pär Holmberg, 2017. "Pro‐competitive Rationing in Multi‐unit Auctions," Economic Journal, Royal Economic Society, vol. 127(605), pages 372-395, October.
    66. Correa-Giraldo, Manuel & Garcia-Rendon, John J. & Perez, Alex, 2021. "Strategic behaviors and transfer of wholesale costs to retail prices in the electricity market: Evidence from Colombia," Energy Economics, Elsevier, vol. 99(C).
    67. Flavio Menezes & John Quiggin, 2007. "Markets for Influence," Risk & Uncertainty Working Papers WP7R07, Risk and Sustainable Management Group, University of Queensland.
    68. Attar, Andrea & Mariotti, Thomas & Salanié, François, 2016. "On Competitive Nonlinear Pricing," IDEI Working Papers 866, Institut d'Économie Industrielle (IDEI), Toulouse, revised Mar 2018.
    69. Majid Al-Gwaiz & Xiuli Chao & Owen Q. Wu, 2017. "Understanding How Generation Flexibility and Renewable Energy Affect Power Market Competition," Manufacturing & Service Operations Management, INFORMS, vol. 19(1), pages 114-131, February.
    70. Cardell, Judith B. & Hitt, Carrie Cullen & Hogan, William W., 1997. "Market power and strategic interaction in electricity networks," Resource and Energy Economics, Elsevier, vol. 19(1-2), pages 109-137, March.
    71. Xinmin Hu & Daniel Ralph, 2007. "Using EPECs to Model Bilevel Games in Restructured Electricity Markets with Locational Prices," Operations Research, INFORMS, vol. 55(5), pages 809-827, October.
    72. Christian Ewerhart & Nuno Cassola & Natacha Valla, 2007. "Declining Valuations And Equilibrium Bidding In Central Bank Refinancing Operations," Swiss Finance Institute Research Paper Series 07-22, Swiss Finance Institute.
    73. Harbord, David & Pagnozzi, Marco, 2014. "Britain's electricity capacity auctions: lessons from Colombia and New England," MPRA Paper 56224, University Library of Munich, Germany.
    74. Ciro Eduardo Bazán Navarro, 2004. "Análisis de la competencia en un mercado mayorista de electricidad: el caso de España," Documentos de trabajo conjunto ULL-ULPGC 2004-04, Facultad de Ciencias Económicas de la ULPGC.
    75. Jason Allen & Milena Wittwer, 2023. "Intermediary Market Power and Capital Constraints," Staff Working Papers 23-51, Bank of Canada.
    76. Zhang, Anthony Lee, 2022. "Competition and manipulation in derivative contract markets," Journal of Financial Economics, Elsevier, vol. 144(2), pages 396-413.
    77. Brown, Murray & Chiang, Shin-Hwan, 2002. "Unsystematic risk and coalition formation in product markets," International Journal of Industrial Organization, Elsevier, vol. 20(3), pages 313-338, March.
    78. Ayzenberg, N. & Kiseleva, N. & Zorkaltsev, V., 2013. "Models of Imperfect Competition in Analysis of Siberian Electricity Market," Journal of the New Economic Association, New Economic Association, vol. 18(2), pages 62-88.
    79. Holmberg, Pär & Newbery, David & Ralph, Daniel, 2009. "Supply Function Equilibria: Step Functions and Continuous Representations," Working Paper Series 788, Research Institute of Industrial Economics.
    80. Vasin Alexander & Vasina Polina, 2005. "Models of supply functions competition with application to the network auctions," EERC Working Paper Series 05-03e, EERC Research Network, Russia and CIS.
    81. Bernhard Kasberger & Kyle Woodward, 2021. "Bidding in Multi-Unit Auctions under Limited Information," Papers 2112.11320, arXiv.org, revised Apr 2023.
    82. Rubin, Ofir D. & Babcock, Bruce A., 2011. "A novel approach for modeling deregulated electricity markets," Energy Policy, Elsevier, vol. 39(5), pages 2711-2721, May.
    83. Dirk Bergemann & Tibor Heumann & Stephen Morris, 2015. "Information and Market Power," Cowles Foundation Discussion Papers 2017, Cowles Foundation for Research in Economics, Yale University.
    84. Massimo Motta & Michele Polo, "undated". "Product differentiation and endogenous mode of competition," Working Papers 134, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    85. E. J. Anderson & A. B. Philpott, 2002. "Using Supply Functions for Offering Generation into an Electricity Market," Operations Research, INFORMS, vol. 50(3), pages 477-489, June.
    86. David P. Brown & Andrew Eckert, 2022. "Pricing Patterns in Wholesale Electricity Markets: Unilateral Market Power or Coordinated Behavior?," Journal of Industrial Economics, Wiley Blackwell, vol. 70(1), pages 168-216, March.
    87. Parisio, Lucia & Bosco, Bruno, 2008. "Electricity prices and cross-border trade: Volume and strategy effects," Energy Economics, Elsevier, vol. 30(4), pages 1760-1775, July.
    88. Roland Strausz, 2015. "Crowdfunding, demand uncertainty, and moral hazard - a mechanism design approach," SFB 649 Discussion Papers SFB649DP2015-036, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    89. Arnold Rivasplata R. & Raúl García C., 2018. "Dinámica de inversión y competencia en generación eléctrica en un escenario de liberalización en el Perú: La importancia de los contratos de largo plazo," Documentos de Trabajo / Working Papers 2018-457, Departamento de Economía - Pontificia Universidad Católica del Perú.
    90. Klemperer, Paul, 2000. "What Really Matters in Auction Design," CEPR Discussion Papers 2581, C.E.P.R. Discussion Papers.
    91. Fudenberg, Drew & Ellison, Glenn, 2003. "Knife-Edge or Plateau: When Do Market Models Tip?," Scholarly Articles 3160493, Harvard University Department of Economics.
    92. Pio Baake & Sebastian Schwenen & Christian von Hirschhausen, 2020. "Local Power Markets," Discussion Papers of DIW Berlin 1904, DIW Berlin, German Institute for Economic Research.
    93. Roland Strausz, 2016. "A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard," CESifo Working Paper Series 6100, CESifo.
    94. Damania, R., 2000. "Financial structure and the effectiveness of pollution control in an oligopolistic industry," Resource and Energy Economics, Elsevier, vol. 22(1), pages 21-36, January.
    95. Doucet, Joseph A. & Heyes, Anthony G., 1997. "Restructuring of Ontario's electricity supply system: an analysis of the proposals," Utilities Policy, Elsevier, vol. 6(4), pages 271-281, December.
    96. Makoto Nirei & John Stachurski & Tsutomu Watanabe, 2018. "Trade Clustering and Power Laws in Financial Markets (Published in Theoretical Economics, 15:1365?1398, 2020)," CARF F-Series CARF-F-450, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    97. Boone, J., 2002. "'Be Nice Unless it Pays to Fight' : A New Theory of Price Determination with Implications for Competition Policy," Other publications TiSEM 739723a0-ffec-49c9-bef8-7, Tilburg University, School of Economics and Management.
    98. Jorge Balat & Juan E. Carranza & Juan D. Martin, 2015. "Dynamic and Strategic Behavior in Hydropower-Dominated Electricity Markets: Empirical Evidence for Colombia," Borradores de Economia 886, Banco de la Republica de Colombia.
    99. Bushnell, James & Mansur, Erin T. & Saravia, Celeste, 2008. "Vertical Arrangements, Market Structure and Competition: An Analysis of Restructured U.S. Electricity Markets," Staff General Research Papers Archive 13130, Iowa State University, Department of Economics.
    100. Flavio M. Menezes & Jorge Pereira, 2023. "Imperfect competition, emissions tax and the Porter hypothesis," Australian Institute for Business and Economics DP022023, School of Economics, University of Queensland, Australia.
    101. Benjamin Heymann & Alejandro Jofré, 2016. "Mechanism Design and Auctions for Electricity Network," Working Papers hal-01315844, HAL.
    102. BOUCKAERT, Jan & VAN MOER, Geert, 2014. "Horizontal subcontracting and intermittent power generation," Working Papers 2014031, University of Antwerp, Faculty of Business and Economics.
    103. Ioan Alexandru Puiu & Raphael Andreas Hauser, 2022. "A fundamental Game Theoretic model and approximate global Nash Equilibria computation for European Spot Power Markets," Papers 2208.14164, arXiv.org.
    104. Luca Lambertini, 2013. "John von Neumann between Physics and Economics: A methodological note," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 5(2), pages 177-189, December.
    105. Pepermans, Guido & Willems, Bert, 2010. "Cost Recovery in Congested Electricity Networks," Working Papers 2010/22, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    106. Alexander White & E. Glen Weyl, 2010. "Imperfect Platform Competition: A General Framework," Working Papers 10-17, NET Institute, revised Nov 2010.
    107. L. Lambertini, 1996. "Strategic Delegation and the Shape of Market Competition," Working Papers 267, Dipartimento Scienze Economiche, Universita' di Bologna.
    108. Hunt Allcott, 2012. "The Smart Grid, Entry, and Imperfect Competition in Electricity Markets," NBER Working Papers 18071, National Bureau of Economic Research, Inc.
    109. Taylor, Josh A. & Dhople, Sairaj V. & Callaway, Duncan S., 2016. "Power systems without fuel," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1322-1336.
    110. Aitor Ciarreta & María Espinosa, 2010. "Market power in the Spanish electricity auction," Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
    111. Tunay I. Tunca, 2004. "Information Precision and Asymptotic Efficiency of Industrial Markets," Working Papers 04-11, NET Institute, revised Oct 2004.
    112. Klemperer, Paul & Gilbert, Richard, 2022. "An Equilibrium Theory of Rationing," Department of Economics, Working Paper Series qt59j1m229, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    113. Keles, Dogan & Dehler-Holland, Joris & Densing, Martin & Panos, Evangelos & Hack, Felix, 2020. "Cross-border effects in interconnected electricity markets - an analysis of the Swiss electricity prices," Energy Economics, Elsevier, vol. 90(C).
    114. Kastl, Jakub, 2012. "On the properties of equilibria in private value divisible good auctions with constrained bidding," Journal of Mathematical Economics, Elsevier, vol. 48(6), pages 339-352.
    115. Marc Escrihuela‐Villar & Carlos Gutiérrez‐Hita & José Vicente‐Pérez, 2020. "Supply function competition in a mixed electric power market," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(4), pages 1151-1175, August.
    116. Wu, Chenyu & Gu, Wei & Luo, Enbo & Chen, Xi & Lu, Hai & Yi, Zhongkai, 2023. "An economic cybernetic model for electricity market operation coupled with physical system dynamics," Applied Energy, Elsevier, vol. 335(C).
    117. Biais, Bruno & Glosten, Larry & Spatt, Chester, 2004. "Market Microstructure: A Survey of Microfoundations, Empirical Results, and Policy Implications," IDEI Working Papers 253, Institut d'Économie Industrielle (IDEI), Toulouse.
    118. Brown, David P. & Eckert, Andrew, 2016. "Analyzing the Impact of Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments," Working Papers 2016-8, University of Alberta, Department of Economics.
    119. John Bennett & Ioana Chioveanu, 2019. "Pro‐Consumer Price Ceilings under Regulatory Uncertainty," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1757-1784, October.
    120. Robert Wilson, 2008. "Supply Function Equilibrium in a Constrained Transmission System," Operations Research, INFORMS, vol. 56(2), pages 369-382, April.
    121. Frank Wolak, 2000. "An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior in a Competitive Electricity Market," International Economic Journal, Taylor & Francis Journals, vol. 14(2), pages 1-39.
    122. Ferreira, José Luis & Herguera, Iñigo, 1999. "Relación entre los mercados spot y de futuros en un contexto oligopolístico," DE - Documentos de Trabajo. Economía. DE 3891, Universidad Carlos III de Madrid. Departamento de Economía.
    123. Vladimir Pavlov & Ron Berman, 2019. "Price Manipulation in Peer-to-Peer Markets and the Sharing Economy," Working Papers 19-10, NET Institute.
    124. David Martimort & Lars Stole, 2012. "Representing equilibrium aggregates in aggregate games with applications to common agency," Post-Print hal-00813181, HAL.
    125. Brown, David P. & Eckert, Andrew, 2021. "Analyzing firm behavior in restructured electricity markets: Empirical challenges with a residual demand analysis," International Journal of Industrial Organization, Elsevier, vol. 74(C).
    126. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function competition in a mixed oligopoly," MPRA Paper 83792, University Library of Munich, Germany.
    127. George Liberopoulos & Panagiotis Andrianesis, 2016. "Critical Review of Pricing Schemes in Markets with Non-Convex Costs," Operations Research, INFORMS, vol. 64(1), pages 17-31, February.
    128. Moreno, Diego & Ubeda, Luis, 2006. "Capacity precommitment and price competition yield the Cournot outcome," Games and Economic Behavior, Elsevier, vol. 56(2), pages 323-332, August.
    129. Nur Sunar & John R. Birge, 2019. "Strategic Commitment to a Production Schedule with Uncertain Supply and Demand: Renewable Energy in Day-Ahead Electricity Markets," Management Science, INFORMS, vol. 65(2), pages 714-734, February.
    130. Nikolaos Georgantzis & Aitor Ciarreta & Carlos Gutiérrez-Hita, 2010. "Renewable sources, technology mix, and competiton in liberalized electricity markets: the case of Spain," Working Papers. Serie EC 2010-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    131. David M Newbery, 2002. "Regulating Unbundled Network Utilities," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 23-41.
    132. Twomey, P. & Green, R. & Neuhoff, K. & Newbery, D., 2005. "A Review of the Monitoring of Market Power The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems," Cambridge Working Papers in Economics 0504, Faculty of Economics, University of Cambridge.
    133. Kimbrough, Steven O. & Murphy, Frederic H., 2013. "Strategic bidding of offer curves: An agent-based approach to exploring supply curve equilibria," European Journal of Operational Research, Elsevier, vol. 229(1), pages 165-178.
    134. Anderson, Edward & Holmberg, Pär, 2018. "Price instability in multi-unit auctions," Journal of Economic Theory, Elsevier, vol. 175(C), pages 318-341.
    135. Simona Bigerna & Carlo Andrea Bollino & Maria Chiara D’Errico & Paolo Polinori, 2023. "A new design for market power monitoring in the electricity market. A simulation for Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 40(1), pages 285-317, April.
    136. Bert Willems & Guido Pepermans, 2003. "Regulating transmission in a spatial oligopoly: a numerical illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0314, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    137. David P. Brown & Andrew Eckert & Douglas Silveira, 2023. "Strategic interaction between wholesale and ancillary service markets," Competition and Regulation in Network Industries, , vol. 24(4), pages 174-198, December.
    138. Holmberg, Pär & Newbery, David, 2009. "The Supply Function Equilibrium and Its Policy Implications for Wholesale Electricity Auctions," Working Paper Series 812, Research Institute of Industrial Economics.
    139. Rajnish Kamat & Shmuel Oren, 2004. "Two-settlement Systems for Electricity Markets under Network Uncertainty and Market Power," Journal of Regulatory Economics, Springer, vol. 25(1), pages 5-37, January.
    140. Luca Lambertini & Manuela Mosca, 2014. "The Bertrand Paradox, the Useless Auctioneer and the Launhardt Model," Australian Economic Papers, Wiley Blackwell, vol. 53(3-4), pages 170-183, December.
    141. Reisinger, Markus, 2014. "Two-part tariff competition between two-sided platforms," European Economic Review, Elsevier, vol. 68(C), pages 168-180.
    142. Robert B. Wilson, 2021. "Strategic Analysis of Auctions," Econometrica, Econometric Society, vol. 89(2), pages 555-561, March.
    143. Michele Polo & Carlo Scarpa, 2003. "Entry Without Competition," Working Papers 245, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    144. Paulo Cesar Coutinho & Andre Rossi de Oliveira, 2013. "Trading Forward in the Brazilian Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 3(3), pages 272-287.
    145. Justus Haucap, 2020. "Nobelpreis für Robert Wilson und Paul Milgrom: Zwei Ökonomen, die echte Märkte schufen [Nobel Prize for Robert Wilson and Paul Milgrom: Two Economists who Created Real Markets]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(12), pages 969-975, December.
    146. Al-Agtash, Salem Y., 2010. "Supply curve bidding of electricity in constrained power networks," Energy, Elsevier, vol. 35(7), pages 2886-2892.
    147. Andreas Lange, 2012. "On the Endogeneity of Market Power in Emissions Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(4), pages 573-583, August.
    148. Stole, Lars A., 2007. "Price Discrimination and Competition," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 34, pages 2221-2299, Elsevier.
    149. Thierry Foucault & Bruno Biais & Francois Salanie, 1998. "Floors, dealer markets and limit order markets," Post-Print hal-00481194, HAL.
    150. Manzano, Carolina & Vives, Xavier, 2017. "Market Power and Welfare in Asymmetric Divisible Good Auctions," Working Papers 2072/292436, Universitat Rovira i Virgili, Department of Economics.
    151. Richard Green & Nicholas Vasilakos, 2008. "Market Behaviour with Large Amounts of Intermittent Generation," Discussion Papers 08-08, Department of Economics, University of Birmingham.
    152. Jacqueline Adelowo & Moritz Bohland, 2023. "It’s in the Data – Improved Market Power Mitigation in Electricity Markets," EconPol Forum, CESifo, vol. 24(05), pages 46-51, September.
    153. Liebl, Dominik, 2010. "Modeling hourly Electricity Spot Market Prices as non stationary functional times series," MPRA Paper 25017, University Library of Munich, Germany.
    154. Stephen Poletti & Julian Wright, 2020. "Real‐Time Pricing and Imperfect Competition in Electricity Markets," Journal of Industrial Economics, Wiley Blackwell, vol. 68(1), pages 93-135, March.
    155. Augusto Rupérez-Micola & Albert Banal-Estañol, 2007. "Composition of electricity generation portfolios, pivotal dynamics and market prices," Economics Working Papers 1083, Department of Economics and Business, Universitat Pompeu Fabra.
    156. Nur Sunar & Jayashankar M. Swaminathan, 2021. "Net-Metered Distributed Renewable Energy: A Peril for Utilities?," Management Science, INFORMS, vol. 67(11), pages 6716-6733, November.
    157. Edward Anderson & Pär Holmberg, 2023. "Multi-unit auctions with uncertain supply and single-unit demand," Working Papers EPRG2310, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    158. Knittel, Christopher R & Metaxoglou, Konstantinos, 2008. "Diagnosing Unilateral Market Power in Electricity Reserves Market," Institute of Transportation Studies, Working Paper Series qt14q6c0mk, Institute of Transportation Studies, UC Davis.
    159. Sensfuß, Frank & Ragwitz, Mario & Genoese, Massimo & Möst, Dominik, 2007. "Agent-based simulation of electricity markets: a literature review," Working Papers "Sustainability and Innovation" S5/2007, Fraunhofer Institute for Systems and Innovation Research (ISI).
    160. Anderson, Edward J. & Hu, Xinmin, 2008. "Forward contracts and market power in an electricity market," International Journal of Industrial Organization, Elsevier, vol. 26(3), pages 679-694, May.
    161. Ismail Saglam, 2020. "Bargaining over collusion: the threat of supply function versus Cournot competition under demand uncertainty and cost asymmetry," The Japanese Economic Review, Springer, vol. 71(4), pages 671-693, October.
    162. Tarufelli, Brittany L., 2021. "Strategic Behavior and Market Design in Regional Climate Policy," SocArXiv x96ge, Center for Open Science.
    163. Perrels, Adriaan & Honkatukia, Juha & Mälkönen, Ville, 2006. "Impacts of the European Emission Trade System on Finnish Wholesale Electricity Prices," Discussion Papers 405, VATT Institute for Economic Research.
    164. Xing, Xiaochuan & Xue, Yi, 2017. "Trading mechanisms and market quality: Limit-order books versus dealership markets," Economics Letters, Elsevier, vol. 154(C), pages 35-44.
    165. Nilsson, Mats, 2005. "Electric power oligopoly and suspicious minds--a critique of a recently approved merger," Energy Policy, Elsevier, vol. 33(15), pages 2023-2036, October.
    166. Alex Dickson & Ian A. MacKenzie, 2016. "Strategic trade in pollution permits," Discussion Papers Series 554, School of Economics, University of Queensland, Australia.
    167. Vayanos, Dimitri & Wang, Jiang, 2012. "Market liquidity - theory and empirical evidence," LSE Research Online Documents on Economics 119044, London School of Economics and Political Science, LSE Library.
    168. Alexander Vasin & Marina Dolmatova & Gerhard-Wilhelm Weber, 2016. "Supply function equilibria for uniform price auction in oligopolistic markets," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 24(4), pages 819-831, December.
    169. Holmberg, Pär & Wolak, Frank A., 2015. "Electricity Markets: Designing Auctions Where Suppliers Have Uncertain Costs," Working Paper Series 1099, Research Institute of Industrial Economics.
    170. Menezes, Flavio & Quiggin, John, 2011. "More Competitors or more Competition? Market Concentration and the Intensity of Competition," Risk and Sustainable Management Group Working Papers 151195, University of Queensland, School of Economics.
    171. Vazquez, Miguel & Barquín, Julián, 2009. "A fundamental power price model with oligopolistic competition representation," MPRA Paper 15629, University Library of Munich, Germany.
    172. Wittwer, Milena, 2017. "Centralizing Disconnected Markets? An Irrelevance Result," MPRA Paper 76534, University Library of Munich, Germany.
    173. Vahidinasab, V. & Jadid, S., 2009. "Multiobjective environmental/techno-economic approach for strategic bidding in energy markets," Applied Energy, Elsevier, vol. 86(4), pages 496-504, April.
    174. Perez, Eloy, 2007. "A model of vertical integration and investment in generation capacity in electricity markets: The case of the bidding game," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 272-290, December.
    175. Goeree, Jacob K. & Lindsay, Luke, 2016. "Market design and the stability of general equilibrium," Journal of Economic Theory, Elsevier, vol. 165(C), pages 37-68.
    176. Nicholas Shunda, 2005. "Strategic Behavior in Day-Ahead and Real-Time Markets for Electricity: Offer Cost or Payment Cost Minimization?," Working papers 2005-48, University of Connecticut, Department of Economics.
    177. Albert Banal-Estañol & Augusto Rupérez Micola, 2010. "Are Agent-based Simulations Robust? The Wholesale Electricity Trading Case," Working Papers 443, Barcelona School of Economics.
    178. Flavio Menezes & John Quiggin & Tina Kao, 2012. "Optimal Access Regulation with Downstream Competition," Discussion Papers Series 473, School of Economics, University of Queensland, Australia.
    179. Edward J. Anderson & Xinmin Hu, 2008. "Finding Supply Function Equilibria with Asymmetric Firms," Operations Research, INFORMS, vol. 56(3), pages 697-711, June.
    180. Guido Pepermans & Bert Willems, 2005. "The Potential Impact of Cross-Ownership in Transmission: an Application to the Belgian Electricity Market," Working Papers of Department of Economics, Leuven ces0503, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    181. L. Lambertini, 2000. "Quantum Mechanics and Mathematical Economics are Isomorphic. John von Neumann between Physics and Economics," Working Papers 370, Dipartimento Scienze Economiche, Universita' di Bologna.
    182. ZOETTL, Gregor, 2008. "Investment decisions in liberalized electricity markets: A framework of peak load pricing with strategic firms," LIDAM Discussion Papers CORE 2008041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    183. Liu Yang & Chi To Ng & Yaodong Ni, 2017. "Flexible capacity strategy in an asymmetric oligopoly market with competition and demand uncertainty," Naval Research Logistics (NRL), John Wiley & Sons, vol. 64(2), pages 117-138, March.
    184. Marek Weretka & Daniel Quint, 2022. "Slope-takers in anonymous markets," GRAPE Working Papers 64, GRAPE Group for Research in Applied Economics.
    185. James Reitzes, 2008. "Downstream price-cap regulation and upstream market power," Journal of Regulatory Economics, Springer, vol. 33(2), pages 179-200, April.
    186. Janssen, Matthias & Wobben, Magnus, 2008. "Electricity Pricing and Market Power - Evidence from Germany," MPRA Paper 11400, University Library of Munich, Germany.
    187. Nirei, Makoto & Stachurski, John & Watanabe, Tsutomu, 2020. "Trade clustering and power laws in financial markets," Theoretical Economics, Econometric Society, vol. 15(4), November.
    188. Gregor Zöttl, 2010. "A Framework of Peak Load Pricing with Strategic Firms," Operations Research, INFORMS, vol. 58(6), pages 1637-1649, December.
    189. Yates, Andrew J. & Doyle, Martin W. & Rigby, J.R. & Schnier, Kurt E., 2013. "Market power, private information, and the optimal scale of pollution permit markets with application to North Carolina's Neuse River," Resource and Energy Economics, Elsevier, vol. 35(3), pages 256-276.
    190. Chaturvedi, Aadhaar, 2015. "Procurement auctions with capacity constrained suppliers," European Journal of Operational Research, Elsevier, vol. 247(3), pages 987-995.
    191. Catherine D. Wolfram, 1999. "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, American Economic Association, vol. 89(4), pages 805-826, September.
    192. Asplund, Marcus, 1995. "Risk-Averse Firms in Oligopoly," SSE/EFI Working Paper Series in Economics and Finance 69, Stockholm School of Economics, revised 23 Feb 2000.
    193. Saglam, Ismail, 2017. "A Note on the Desirability of the Supply Function Competition with Demand Uncertainty," MPRA Paper 82995, University Library of Munich, Germany.
    194. Elisabetta Allevi & Didier Aussel & Rossana Riccardi, 2018. "On an equilibrium problem with complementarity constraints formulation of pay-as-clear electricity market with demand elasticity," Journal of Global Optimization, Springer, vol. 70(2), pages 329-346, February.
    195. Bower, John & Bunn, Derek, 2001. "Experimental analysis of the efficiency of uniform-price versus discriminatory auctions in the England and Wales electricity market," Journal of Economic Dynamics and Control, Elsevier, vol. 25(3-4), pages 561-592, March.
    196. Flavio M. Menezes & John Quiggin, 2017. "The Strategic Industry Supply Curve," Discussion Papers Series 586, School of Economics, University of Queensland, Australia.
    197. Anthropelos, Michail & Kardaras, Constantinos & Vichos, Georgios, 2020. "Effective risk aversion in thin risk-sharing markets," LSE Research Online Documents on Economics 102275, London School of Economics and Political Science, LSE Library.
    198. Ritz, Robert A., 2008. "Strategic incentives for market share," International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 586-597, March.
    199. Vetter, Henrik, 2015. "Incentives in supply function equilibrium," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-20.
    200. Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
    201. Inderst, Roman & Wey, Christian, 2007. "Buyer power and supplier incentives," European Economic Review, Elsevier, vol. 51(3), pages 647-667, April.
    202. Saglam, Ismail, 2018. "Bargaining over Collusion Profits under Cost Asymmetry and Demand Uncertainty," MPRA Paper 84007, University Library of Munich, Germany.
    203. Andrea Attar & Thomas Mariotti & François Salanié, 2011. "Non-Exclusive Competition under Adverse Selection," CEIS Research Paper 192, Tor Vergata University, CEIS, revised 31 Mar 2011.
    204. Wei Jing-Yuan & Yves Smeers, 1999. "Spatial Oligopolistic Electricity Models with Cournot Generators and Regulated Transmission Prices," Operations Research, INFORMS, vol. 47(1), pages 102-112, February.
    205. Majid Motamedi & Shahram Moeeni & Salman Gharakhani & Iman Keyfarokhi, 2014. "The Behavior of Iranian Restructured Electricity Market in Supply Function Equilibrium Framework," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(1), pages 178-191, January.
    206. Holmberg, Pär, 2005. "Asymmetric Supply Function Equilibrium with Constant Marginal Costs," Working Paper Series 2005:16, Uppsala University, Department of Economics.
    207. Pär Holmberg & Andy Philpott, 2014. "Supply function equilibria in transportation networks," Working Papers EPRG 1401, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    208. Devin Garcia & Levent Kutlu & Robin C. Sickles, 2022. "Market Structures in Production Economics," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 13, pages 537-574, Springer.
    209. Van Moer, Geert, 2019. "Electricity market competition when forward contracts are pairwise efficient," MPRA Paper 96660, University Library of Munich, Germany.
    210. Martimort, David & Semenov, Aggey, 2008. "Ideological uncertainty and lobbying competition," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 456-481, April.
    211. Hyoduk Shin & Tunay I. Tunca, 2010. "Do Firms Invest in Forecasting Efficiently? The Effect of Competition on Demand Forecast Investments and Supply Chain Coordination," Operations Research, INFORMS, vol. 58(6), pages 1592-1610, December.
    212. Bulut, Harun & Koray, Semih, 2008. "Competition and Regulation Via Supply and Demand Functions in Oligopolistic-Oligopsonistic Markets," Staff General Research Papers Archive 12930, Iowa State University, Department of Economics.
    213. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function equilibria in a mixed duopoly," Economics Letters, Elsevier, vol. 168(C), pages 6-9.
    214. Michele Polo & Carlo Scarpa, "undated". "Liberalizing the Gas Industry: Take-or-Pay Contracts, Retail Competition and Wholesale Trade," IEFE Working Papers 49, IEFE, Center for Research on Energy and Environmental Economics and Policy, Universita' Bocconi, Milano, Italy.
    215. Francisco Caravia & Eduardo Saavedra, 2005. "Subastando la Energía para Clientes Regulados: Un Análisis de Equilibrio," ILADES-UAH Working Papers inv169, Universidad Alberto Hurtado/School of Economics and Business.
    216. Dressler, Luisa, 2016. "Support schemes for renewable electricity in the European Union: Producer strategies and competition," Energy Economics, Elsevier, vol. 60(C), pages 186-196.
    217. Brown, David P. & Sappington, David E.M., 2020. "Load-Following Forward Contracts," Working Papers 2020-14, University of Alberta, Department of Economics, revised 31 Dec 2021.
    218. Ekundayo Shittu & Geoffrey Parker & Xiaoyue Jiang, 2015. "Energy technology investments in competitive and regulatory environments," Environment Systems and Decisions, Springer, vol. 35(4), pages 453-471, December.
    219. Tom Brijs & Frederik Geth & Sauleh Siddiqui & Benjamin F. Hobbs & Ronnie Belmans, 2016. "Price-Based Unit Commitment Electricity Storage Arbitrage with Piecewise Linear Price-Effects," Discussion Papers of DIW Berlin 1567, DIW Berlin, German Institute for Economic Research.
    220. Chloé Le Coq & Sebastian Schwenen, 2020. "Financial contracts as coordination device," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 241-259, April.
    221. Maria Kannavou & Marilena Zampara & Pantelis Capros, 2019. "Modelling the EU Internal Electricity Market: The PRIMES-IEM Model," Energies, MDPI, vol. 12(15), pages 1-28, July.
    222. Mohammad Rasouli & Demosthenis Teneketzis, 2021. "Economizing the Uneconomic: Markets for Reliable, Sustainable, and Price Efficient Electricity," Sustainability, MDPI, vol. 13(8), pages 1-38, April.
    223. Adilov, Nodir, 2012. "Strategic use of forward contracts and capacity constraints," International Journal of Industrial Organization, Elsevier, vol. 30(2), pages 164-173.
    224. Rydqvist, Kristian & Nyborg, Kjell & Keloharju, Matti, 2002. "Strategic Behaviour and Underpricing in Uniform Price Auctions: Evidence from Finnish Treasury Auctions," CEPR Discussion Papers 3586, C.E.P.R. Discussion Papers.
    225. Martin Bandulet, 2002. "Strategic Impacts of Technology Switch-Over: Who Benefits from Electronic Commerce?," Discussion Paper Series 221, Universitaet Augsburg, Institute for Economics.
    226. Kamiński, Jacek, 2012. "The development of market power in the Polish power generation sector: A 10-year perspective," Energy Policy, Elsevier, vol. 42(C), pages 136-147.
    227. Pär Holmberg, 2009. "Supply function equilibria of pay-as-bid auctions," Journal of Regulatory Economics, Springer, vol. 36(2), pages 154-177, October.
    228. Vives, Xavier & Bayona, Anna & Brandts, Jordi, 2016. "Supply Function Competition, Private Information, and Market Power: A Laboratory Study," IESE Research Papers D/1146, IESE Business School.
    229. Lamia Varawala & Mohammad Reza Hesamzadeh & Gyorgy D'an & Derek Bunn & Juan Rosell'on, 2021. "A Pricing Mechanism to Jointly Mitigate Market Power and Environmental Externalities in Electricity Markets," Papers 2104.00578, arXiv.org, revised Apr 2023.
    230. Cassola, Nuno & Ewerhart, Christian & Morana, Claudio, 2007. "Structural econometric approach to bidding in the main refinancing operations of the Eurosystem," Journal of Financial Transformation, Capco Institute, vol. 19, pages 81-90.
    231. Bosco, Bruno & Parisio, Lucia & Pelagatti, Matteo, 2013. "Price-capping in partially monopolistic electricity markets with an application to Italy," Energy Policy, Elsevier, vol. 54(C), pages 257-266.
    232. Xinmin Hu & Daniel Ralph & Eric K. Ralph & Peter Bardsley & Michael C. Ferris, 2004. "Electricity Generation with Looped Transmission Networks: Bidding to an ISO," Working Papers EP65, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    233. Crawford, Gregory S. & Crespo, Joseph & Tauchen, Helen, 2007. "Bidding asymmetries in multi-unit auctions: Implications of bid function equilibria in the British spot market for electricity," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1233-1268, December.
    234. Michael Böheim, 2005. "Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation," Austrian Economic Quarterly, WIFO, vol. 10(4), pages 150-167, December.
    235. Banal-Estañol, Albert & Rupérez Micola, Augusto, 2011. "Behavioural simulations in spot electricity markets," European Journal of Operational Research, Elsevier, vol. 214(1), pages 147-159, October.
    236. Kai-Uwe Kuhn, 1997. "Nonlinear Pricing in Vertically Related Duopolies," RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 37-62, Spring.
    237. Flavio Menezes & John Quiggin, 2007. "Can game theory be saved?," Risk & Uncertainty Working Papers WP4R07, Risk and Sustainable Management Group, University of Queensland.
    238. E. Glen Weyl, 2010. "A Price Theory of Multi-sided Platforms," American Economic Review, American Economic Association, vol. 100(4), pages 1642-1672, September.
    239. Ciarreta Antuñano, Aitor & Gutiérrez Hita, Carlos, 2005. "Strategic Behavior and Collusion: An Application to the Spanish Electricity Market," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
    240. Dimitri Vayanos, 1999. "Strategic Trading and Welfare in a Dynamic Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(2), pages 219-254.
    241. Tae Hyun Yoo & Hyeongon Park & Jae-Kun Lyu & Jong-Keun Park, 2014. "Determining the Interruptible Load with Strategic Behavior in a Competitive Electricity Market," Energies, MDPI, vol. 8(1), pages 1-21, December.
    242. Sebastian Schwenen, 2015. "Strategic bidding in multi-unit auctions with capacity constrained bidders: the New York capacity market," RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 730-750, October.
    243. Menezes, Flavio & Quiggin, John, 2011. "Intensity of Competition and the Number of Competitors," Risk and Sustainable Management Group Working Papers 151197, University of Queensland, School of Economics.
    244. Genc, Talat S. & Reynolds, Stanley S., 2011. "Supply function equilibria with capacity constraints and pivotal suppliers," International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 432-442, July.
    245. MacCormack, John & Hollis, Aidan & Zareipour, Hamidreza & Rosehart, William, 2010. "The large-scale integration of wind generation: Impacts on price, reliability and dispatchable conventional suppliers," Energy Policy, Elsevier, vol. 38(7), pages 3837-3846, July.
    246. Lowrey, Craig, 1997. "The pool and forward contracts in the UK electricity supply industry," Energy Policy, Elsevier, vol. 25(4), pages 413-423, March.
    247. Lee, Jeong-Dong & Lee, Jongsu & Kim, Tai-Yoo, 2004. "Ex-ante analysis of welfare change for a liberalization of the natural gas market," Energy Economics, Elsevier, vol. 26(3), pages 447-461, May.
    248. Romain Gauchon & Karim Barigou, 2021. "Expected utility maximization with stochastically ordered returns," Working Papers hal-03295594, HAL.
    249. Gerhard Sorger, 2003. "Policy rule Nash equilibria," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(4), pages 973-992, November.
    250. Growitsch, Christian & Müller, Gernot & Rammerstorfer, Margarethe & Weber, Christoph, 2007. "Determinanten der Preisentwicklung auf dem deutschen Minutenreservemarkt," WIK Discussion Papers 300, WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH.
    251. Ahmed Anwar, 2006. "Single or Multiple Pricing in Electricity Pools?," Edinburgh School of Economics Discussion Paper Series 143, Edinburgh School of Economics, University of Edinburgh.
    252. Di Xiao & Andreas Krause, 2022. "Bank demand for central bank liquidity and its impact on interbank markets," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(3), pages 639-679, July.
    253. Nils-Henrik von der Fehr & David Harbord, 2002. "Competition in Electricity Spot Markets: Economic Theory and International Experience," Industrial Organization 0203006, University Library of Munich, Germany.
    254. Carpio, Lucio Guido Tapia & Pereira, Amaro Jr., 2007. "Economical efficiency of coordinating the generation by subsystems with the capacity of transmission in the Brazilian market of electricity," Energy Economics, Elsevier, vol. 29(3), pages 454-466, May.
    255. Ali Hortaçsu & Jakub Kastl & Allen Zhang, 2018. "Bid Shading and Bidder Surplus in the US Treasury Auction System," American Economic Review, American Economic Association, vol. 108(1), pages 147-169, January.
    256. Mark Armstrong, 2006. "Competition in two‐sided markets," RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 668-691, September.
    257. Ismail Saglam, 2023. "Licensing cost‐reducing innovations under supply function competition," Bulletin of Economic Research, Wiley Blackwell, vol. 75(1), pages 180-201, January.
    258. Martimort, David & Moreira, Humberto Ataíde, 2004. "Common agency with informed principals," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 551, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    259. Ramteen Sioshansi & Shmuel Oren, 2007. "How good are supply function equilibrium models: an empirical analysis of the ERCOT balancing market," Journal of Regulatory Economics, Springer, vol. 31(1), pages 1-35, February.
    260. Brennan, Donna & Melanie, Jane, 1998. "Market power in the Australian power market," Energy Economics, Elsevier, vol. 20(2), pages 121-133, April.
    261. Anna Bayona, 2018. "The social value of information with an endogenous public signal," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(4), pages 1059-1087, December.
    262. Jacqueline Adelowo & Moritz Bohland, 2022. "Redesigning Automated Market Power Mitigation in Electricity Markets," ifo Working Paper Series 387, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    263. A. Downward & G. Zakeri & A. B. Philpottt, 2010. "On Cournot Equilibria in Electricity Transmission Networks," Operations Research, INFORMS, vol. 58(4-part-2), pages 1194-1209, August.
    264. Reisinger, Markus, 2010. "Unique Equilibrium in Two-Part Tariff Competition between Two-Sided Platforms," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 308, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    265. Menezes, Flavio M. & Quiggin, John, 2022. "Market power amplifies the price effects of demand shocks," Economics Letters, Elsevier, vol. 221(C).
    266. Celen, Ihsan & Saglam, Ismail, 2021. "Collusion in Supply Functions under Technology Licensing," MPRA Paper 107261, University Library of Munich, Germany.
    267. Flavio Menezes & John Quiggin, 2007. "Games without Rules," Theory and Decision, Springer, vol. 63(4), pages 315-347, December.
    268. Rubin, Ofir David, 2010. "Equilibrium pricing in electricity markets with wind power," ISU General Staff Papers 201001010800002361, Iowa State University, Department of Economics.
    269. Gallego, Camilo A., 2022. "Intertemporal effects of imperfect competition through forward contracts in wholesale electricity markets," Energy Economics, Elsevier, vol. 107(C).
    270. Serra, Pablo, 2013. "Contract market power and its impact on the efficiency of the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 653-662.
    271. Laurent Lamy, 2007. "Bidder Behavior in Multi-Unit Ascending Auctions : Evidence from Cross-Border Capacity Auctions," Working Papers 2007-27, Center for Research in Economics and Statistics.
    272. Victor Avramov, 2020. "Modeling the competition on the electricity stock market," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 65-79.
    273. Esmaeili Aliabadi, Danial & Chan, Katrina, 2022. "The emerging threat of artificial intelligence on competition in liberalized electricity markets: A deep Q-network approach," Applied Energy, Elsevier, vol. 325(C).
    274. Flavio M. Menezes & John Quiggin, 2023. "Competition in supply functions and conjectural variations: a unified solution," Australian Institute for Business and Economics DP012023, School of Economics, University of Queensland, Australia.
    275. Brown, David P. & Eckert, Andrew & Silveira, Douglas, 2023. "Screening for Collusion in Wholesale Electricity Markets: A Review of the Literature," Working Papers 2023-7, University of Alberta, Department of Economics.
    276. Peter Cramton, 2003. "Rebuttal Addendum: Assessment of Submissions of the California Parties," Papers of Peter Cramton 03ferc2, University of Maryland, Department of Economics - Peter Cramton, revised 2003.
    277. Debora Di Gioacchino, 2008. "Strategic technology choice in regulated markets with demand uncertainty," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 35(2), pages 145-164, April.
    278. Paizs, László & Mészáros, Mátyás Tamás, 2003. "Piachatalmi problémák modellezése a dereguláció utáni magyar áramtermelő piacon [Modelling problems of market power on the Hungarian electricity-generation market after deregulation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 735-764.
    279. Hu, X. & Ralph, R., 2006. "Using EPECs to model bilevel games in restructured electricity markets with locational prices," Cambridge Working Papers in Economics 0619, Faculty of Economics, University of Cambridge.
    280. Bower, John & Bunn, Derek W. & Wattendrup, Claus, 2001. "A model-based analysis of strategic consolidation in the German electricity industry," Energy Policy, Elsevier, vol. 29(12), pages 987-1005, October.
    281. Vítor Marques & Isabel Soares & Adelino Fortunato, 2008. "Uniform Price Market and Behaviour Pattern: What Does the Iberian Electricity Market Point Out?," GEMF Working Papers 2008-08, GEMF, Faculty of Economics, University of Coimbra.
    282. Lundin, Erik & Tangerås, Thomas P., 2020. "Cournot competition in wholesale electricity markets: The Nordic power exchange, Nord Pool," International Journal of Industrial Organization, Elsevier, vol. 68(C).
    283. Burkett, Justin & Woodward, Kyle, 2020. "Uniform price auctions with a last accepted bid pricing rule," Journal of Economic Theory, Elsevier, vol. 185(C).
    284. Samuel Antill & Darrell Duffie, 2017. "Augmenting Markets with Mechanisms," NBER Working Papers 24146, National Bureau of Economic Research, Inc.
    285. Holmberg, Pär & Philpott, Andrew, 2012. "Supply Function Equilibria in Networks with Transport Constraints," Working Paper Series 945, Research Institute of Industrial Economics, revised 10 Aug 2015.
    286. John Morris, 2000. "Finding Market Power in Electric Power Markets," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 7(2), pages 167-178.
    287. Yousefimanesh, Niloofar & Bos, Iwan & Vermeulen, Dries, 2023. "Strategic rationing in Stackelberg games," Games and Economic Behavior, Elsevier, vol. 140(C), pages 529-555.
    288. Martimort, David & Stole, Lars, 2011. "Aggregate Representations of Aggregate Games," MPRA Paper 32871, University Library of Munich, Germany.
    289. Uğur Akgün, 2004. "Mergers With Supply Functions," Journal of Industrial Economics, Wiley Blackwell, vol. 52(4), pages 535-546, December.
    290. Natalia Fabra & Mar Reguant, 2013. "Pass-through of Emissions Costs in Electricity Markets," NBER Working Papers 19613, National Bureau of Economic Research, Inc.
    291. Miguel Vazquez & Michelle Hallac, 2014. "Analysis Of The Strategic Use Of Forward Contracting In Electricity Markets," Anais do XLI Encontro Nacional de Economia [Proceedings of the 41st Brazilian Economics Meeting] 129, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    292. de Frutos, María-Ángeles & Fabra, Natalia, 2012. "How to allocate forward contracts: The case of electricity markets," European Economic Review, Elsevier, vol. 56(3), pages 451-469.
    293. Weretka, Marek, 2011. "Endogenous market power," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2281-2306.
    294. Magdalena Borgosz-Koczwara & Aleksander Weron & Agnieszka Wyłomańska, 2009. "Stochastic models for bidding strategies on oligopoly electricity market," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 69(3), pages 579-592, July.
    295. Daniel Huppmann, 2013. "Endogenous Shifts in OPEC Market Power: A Stackelberg Oligopoly with Fringe," Discussion Papers of DIW Berlin 1313, DIW Berlin, German Institute for Economic Research.
    296. Saglam, Ismail, 2018. "The Effects of Process R&D in an Asymmetric Duopoly under Cournot and Supply Function Competitions," MPRA Paper 86385, University Library of Munich, Germany.
    297. Bohland, Moritz & Schwenen, Sebastian, 2022. "Renewable support and strategic pricing in electricity markets," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    298. Fabio Antoniou & Efthymia Kyriakopoulou, 2019. "On the Strategic Effect of International Permits Trading on Local Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 1299-1329, November.
    299. Hugues Dastarac, 2021. "Strategic Trading, Welfare and Prices with Futures Contracts," Working papers 841, Banque de France.
    300. Carlos, Gutiérrez-Hita & Vicente-Pérez, José, 2018. "On Supply Function Equilibria in a Mixed Duopoly," QM&ET Working Papers 18-1, University of Alicante, D. Quantitative Methods and Economic Theory.
    301. Godal Odd & Meland Frode, 2010. "Permit Markets, Seller Cartels and the Impact of Strategic Buyers," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-33, April.
    302. Arie ten Cate & Mark Lijesen, 2004. "The Elmar model: output and capacity in imperfectly competitive electricity markets," CPB Memorandum 94, CPB Netherlands Bureau for Economic Policy Analysis.
    303. Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
    304. Klemperer, Paul, 2019. "Product-Mix Auctions," CEPR Discussion Papers 13667, C.E.P.R. Discussion Papers.
    305. E. Anderson & A. Philpott & H. Xu, 2007. "Modelling the effects of interconnection between electricity markets subject to uncertainty," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 65(1), pages 1-26, February.
    306. Safarzynska, Karolina & van den Bergh, Jeroen C.J.M., 2011. "Industry evolution, rational agents and the transition to sustainable electricity production," Energy Policy, Elsevier, vol. 39(10), pages 6440-6452, October.
    307. Ventosa, Mariano & Baillo, Alvaro & Ramos, Andres & Rivier, Michel, 2005. "Electricity market modeling trends," Energy Policy, Elsevier, vol. 33(7), pages 897-913, May.
    308. Drèze, J. H., 1995. "Forty years of public economics: a personal perspective," LIDAM Reprints CORE 1154, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    309. Jean-Jacques Laffont, 1998. "Théorie des jeux et économie empirique : le cas des données issues d'enchères," Économie et Prévision, Programme National Persée, vol. 132(1), pages 121-137.
    310. Dzikri Firmansyah Hakam, 2018. "Market Power Modelling in Electricity Market: A Critical Review," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 347-356.
    311. Pipattanasomporn, M. & Ongsakul, W. & Pacudan, R. & Lefevre, T., 2000. "Electricity prices in a competitive market: a preliminary analysis of the deregulated Thai electricity industry," Utilities Policy, Elsevier, vol. 9(4), pages 171-179, December.
    312. Rayati, Mohammad & Teneketzis, Demosthenis, 2022. "Electricity market design and implementation in the presence of asymmetrically informed strategic producers and consumers: A surrogate optimization-based mechanism," Energy Economics, Elsevier, vol. 109(C).
    313. Corina Haita-Falah, 2016. "Uncertainty and speculators in an auction for emissions permits," Journal of Regulatory Economics, Springer, vol. 49(3), pages 315-343, June.
    314. Shiying Chen & Zhenhuan Dong & Chunming Cao & Changjun Zheng, 2022. "Strategy and design of multi‐unit auction in grouped asymmetric setting," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3435-3453, December.
    315. Carraretto, Cristian, 2006. "Power plant operation and management in a deregulated market," Energy, Elsevier, vol. 31(6), pages 1000-1016.
    316. Michal Król, 2012. "‘Everything must go!’- Cournot as a Stable Convention within Strategic Supply Function Competition," Economics Discussion Paper Series 1217, Economics, The University of Manchester.
    317. Juan Aparicio & Juan Ferrando & Ana Meca & Julia Sancho, 2008. "Strategic bidding in continuous electricity auctions: an application to the Spanish electricity market," Annals of Operations Research, Springer, vol. 158(1), pages 229-241, February.
    318. Wambach, Achim, 1999. "Bertrand competition under cost uncertainty," International Journal of Industrial Organization, Elsevier, vol. 17(7), pages 941-951, October.
    319. Hugo Pedro Boff, 2001. "A oferta de Bens Perecíveis: Estimativas para o Mercado Varejista Carioca," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 052, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    320. Congjun Rao & Yong Zhao & Junjun Zheng & Mark Goh & Cheng Wang, 2017. "Bidding Behavior and Equilibrium Excursion of Uniform Price Auction Mechanism," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 34(06), pages 1-17, December.
    321. Haita, Corina, 2014. "Endogenous market power in an emissions trading scheme with auctioning," Resource and Energy Economics, Elsevier, vol. 37(C), pages 253-278.
    322. Flavio M. Menezes & John Quiggin, 2021. "Ex ante and ex post equilibrium supply curves," Discussion Papers Series 649, School of Economics, University of Queensland, Australia.
    323. Michael Peters, 2000. "Negotiation and Take it or Leave it in Common Agency," Working Papers peters-00-02, University of Toronto, Department of Economics.
    324. Guido Tapia Carpio, Lucio & Olimpio Pereira, Amaro Jr, 2006. "Independent operation by subsystems: Strategic behavior for the Brazilian electricity sector," Energy Policy, Elsevier, vol. 34(17), pages 2964-2976, November.
    325. Giabardo, Paolo & Zugno, Marco & Pinson, Pierre & Madsen, Henrik, 2010. "Feedback, competition and stochasticity in a day ahead electricity market," Energy Economics, Elsevier, vol. 32(2), pages 292-301, March.
    326. Carraretto, Cristian & Zigante, Andrea, 2006. "Interaction among competitive producers in the electricity market: An iterative market model for the strategic management of thermal power plants," Energy, Elsevier, vol. 31(15), pages 3145-3158.
    327. Hefti, Andreas & Shen, Peiyao, 2019. "Supply function competition with asymmetric costs: Theory and experiment," Economics Letters, Elsevier, vol. 178(C), pages 24-27.
    328. Juan Escobar & Alejandro Jofré, 2010. "Monopolistic competition in electricity networks with resistance losses," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 44(1), pages 101-121, July.
    329. Holmberg, Pär, 2005. "Comparing Supply Function Equilibria of Pay-as-Bid and Uniform-Price Auctions," Working Paper Series 2005:17, Uppsala University, Department of Economics.
    330. Knittel, Christopher R. & Roberts, Michael R., 2005. "An empirical examination of restructured electricity prices," Energy Economics, Elsevier, vol. 27(5), pages 791-817, September.
    331. Horn, Henrik & Tangerås, Thomas, 2021. "National Transmission System Operators in an International Electricity Market," Working Paper Series 1394, Research Institute of Industrial Economics.
    332. Magdalena Weglarz & Agnieszka Wylomanska, 2010. "Optimal bidding strategies on the power market based on the stochastic models," HSC Research Reports HSC/10/06, Hugo Steinhaus Center, Wroclaw University of Technology.
    333. Ghaninejad, Mousa, 2020. "عرضه، تقاضا، و پیشنهاد قیمت در بازار برق ایران [Supply, Demand, and Bidding in Iran’s Electricity Market]," MPRA Paper 105340, University Library of Munich, Germany.
    334. Wang, Xu & Zhu, Lei & Liu, Pengfei, 2021. "Manipulation via endowments: Quantifying the influence of market power on the emission trading scheme," Energy Economics, Elsevier, vol. 103(C).
    335. Delbono, Flavio & Lambertini, Luca, 2016. "Ranking Bertrand, Cournot and supply function equilibria in oligopoly," Energy Economics, Elsevier, vol. 60(C), pages 73-78.
    336. Hamid Nazerzadeh & Georgia Perakis, 2016. "Technical Note—Nonlinear Pricing Competition with Private Capacity Information," Operations Research, INFORMS, vol. 64(2), pages 329-340, April.
    337. Borenstein, Severin & Bushnell, James & Kahn, Edward & Stoft, Steven, 1995. "Market power in California electricity markets," Utilities Policy, Elsevier, vol. 5(3-4), pages 219-236.
    338. Aitor Ciarreta & Carlos Gutiérrez-Hita, 2012. "Collusive behaviour under cost asymmetries when firms compete in supply functions," Journal of Economics, Springer, vol. 106(3), pages 195-219, July.
    339. Yves Jégourel, 2016. "Managing natural resources: an attempt to clarify the debate," Policy notes & Policy briefs 1600, Policy Center for the New South.
    340. Victor Moutinho & Ant nio Carrizo Moreira & Jorge H. Mota, 2015. "Measuring the Simultaneous Quantity Game in OMEL Spot Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 305-320.
    341. Edward Anderson & Huifu Xu, 2006. "Optimal Supply Functions in Electricity Markets with Option Contracts and Non-smooth Costs," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 63(3), pages 387-411, July.
    342. Jiranyakul, Komain, 2014. "Oil price volatility and real effective exchange rate: the case of Thailand," MPRA Paper 57196, University Library of Munich, Germany.
    343. Kenneth Hendricks & R. Preston Mcafee, 2010. "A Theory Of Bilateral Oligopoly," Economic Inquiry, Western Economic Association International, vol. 48(2), pages 391-414, April.
    344. Marco Pagnozzi, 2007. "Should Speculators Be Welcomed in Auctions?," CSEF Working Papers 176, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    345. Joseph Mullins & Liam Wagner & John Foster, 2010. "Price Spikes in Electricity Markets: A Strategic Perspective," Energy Economics and Management Group Working Papers 05, School of Economics, University of Queensland, Australia.
    346. Brown, David P. & Eckert, Andrew & Eckert, Heather, 2017. "Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market," Working Papers 2017-1, University of Alberta, Department of Economics.
    347. Peter Cramton & Jeffrey Lien, 2000. "Eliminating the Flaws in New England's Reserve Markets," Papers of Peter Cramton 00flaws, University of Maryland, Department of Economics - Peter Cramton, revised 11 Mar 2000.
    348. Michele Polo & Piero Tedeschi, "undated". "Equilibrium and Renegotiation in Delegation Games," Working Papers 116, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    349. Poletti, Steve, 2009. "Government procurement of peak capacity in the New Zealand electricity market," Energy Policy, Elsevier, vol. 37(9), pages 3409-3417, September.
    350. Jean-Pierre Zigrand, 2001. "Rational Limits to Arbitrage," FMG Discussion Papers dp392, Financial Markets Group.
    351. Frank A. Wolak, 2001. "An Empirical Analysis of the Impact of Hedge Contracts on Bidding Behavior," NBER Working Papers 8212, National Bureau of Economic Research, Inc.
    352. Teresa John & Lemma Senbet & Anant Sundaram & Peter Woodward, 2005. "Limited Liability and Market Power," Review of Quantitative Finance and Accounting, Springer, vol. 25(3), pages 215-231, November.
    353. Bolle, Friedel & Grimm, Veronika & Ockenfels, Axel & del Pozo, Xavier, 2013. "An experiment on supply function competition," European Economic Review, Elsevier, vol. 63(C), pages 170-185.
    354. Bruno Biais & Thierry Foucault & François Salani, 1995. "Implicit collusion on wide spreads," Economics Working Papers 153, Department of Economics and Business, Universitat Pompeu Fabra.
    355. Wang, Lizhi & Mazumdar, Mainak & Bailey, Matthew D. & Valenzuela, Jorge, 2007. "Oligopoly models for market price of electricity under demand uncertainty and unit reliability," European Journal of Operational Research, Elsevier, vol. 181(3), pages 1309-1321, September.
    356. Saglam, Ismail, 2022. "Monopoly Persistence under the Threat of Supply Function Competition," MPRA Paper 111829, University Library of Munich, Germany.
    357. David Malueg & Andrew Yates, 2009. "Bilateral Oligopoly, Private Information, and Pollution Permit Markets," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(4), pages 553-572, August.
    358. Michael L. Katz, 2006. "Observable Contracts as Commitments: Interdependent Contracts and Moral Hazard," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(3), pages 685-706, September.
    359. Michał Król, 2017. "On the equivalence of quantity competition and supply function competition with sunk costs," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(2), pages 475-486, May.
    360. Saglam, Ismail, 2018. "Ranking Supply Function and Cournot Equilibria in a Differentiated Product Duopoly with Demand Uncertainty," MPRA Paper 85474, University Library of Munich, Germany.
    361. Andreas Hefti & Peiyao Shen & Regina Betz, 2019. "Market power and information effects in a multi-unit auction," ECON - Working Papers 320, Department of Economics - University of Zurich.
    362. Fabio Antoniou & Panos Hatzipanayotou & Nikos Tsakiris, 2021. "Strategic Export Motives and Linking Emission Markets," CESifo Working Paper Series 8847, CESifo.
    363. Edward J. Anderson & Xinmin Hu, 2012. "Asymmetric Supply Function Equilibria with Forward Contracts," Journal of Optimization Theory and Applications, Springer, vol. 152(1), pages 198-224, January.
    364. Prüggler, Natalie & Prüggler, Wolfgang & Wirl, Franz, 2011. "Storage and Demand Side Management as power generator’s strategic instruments to influence demand and prices," Energy, Elsevier, vol. 36(11), pages 6308-6317.
    365. Scarpa, Carlo & Polo, Michele, 2007. "Take or Pay Contracts and Market Segmentation," MPRA Paper 5861, University Library of Munich, Germany.
    366. Debora Di Gioacchino, 2004. "Cost Padding in Regulated Markets with Demand Uncertainty," Working Papers in Public Economics 72, University of Rome La Sapienza, Department of Economics and Law.
    367. Scott Moss & Huw David Dixon & Steven Wallis, 1995. "Evaluating Competitive Strategies," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 4(4), pages 245-258, December.
    368. Laffont, J.J., 1996. "Game Theory and Empirical Economics: The Case of Auction Data," Papers 95.394, Toulouse - GREMAQ.
    369. Yuichiro Kamada & Michihiro Kandori, 2020. "Revision Games," Econometrica, Econometric Society, vol. 88(4), pages 1599-1630, July.
    370. Polo, Michele & Tedeschi, Piero, 2000. "Delegation games and side-contracting," Research in Economics, Elsevier, vol. 54(1), pages 101-116, March.
    371. Dan Bernhardt & Bart Taub, 2015. "Learning about common and private values in oligopoly," RAND Journal of Economics, RAND Corporation, vol. 46(1), pages 66-85, March.
    372. Vasin, A. & Daylova, E., 2013. "Analysis of the Short-Term Efficiency of Mechanisms of the Wholesale Electricity Market," Journal of the New Economic Association, New Economic Association, vol. 18(2), pages 35-60.
    373. Daron Acemoglu, Ali Kakhbod, and Asuman Ozdaglar, 2017. "Competition in Electricity Markets with Renewable Energy Sources," The Energy Journal, International Association for Energy Economics, vol. 0(KAPSARC S).
    374. Shilony, Yuval, 2000. "Diversity and ingenuity in voluntary collective action," European Journal of Political Economy, Elsevier, vol. 16(3), pages 429-443, September.
    375. Álvarez López, Juan & Ponnambalam, Kumaraswamy, 2010. "Long-term uncertainty evaluation of pool electricity markets," Energy Policy, Elsevier, vol. 38(2), pages 840-849, February.
    376. Gilles Chemla & Gilles Chemla, 2003. "Downstream Competition, Foreclosure and Vertical Integration," Post-Print halshs-00679847, HAL.
    377. Bergemann, Dirk & Morris, Stephen & Heumann, Tibor, 2020. "Information, Market Power and Price Volatility," CEPR Discussion Papers 15104, C.E.P.R. Discussion Papers.
    378. Vayanos, Dimitri & Wang, Jiang, 2013. "Market Liquidity—Theory and Empirical Evidence ," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1289-1361, Elsevier.
    379. Tanaka, Kenta & Matsukawa, Isamu & Managi, Shunsuke, 2020. "An experimental investigation of bilateral oligopoly in emissions trading markets," China Economic Review, Elsevier, vol. 59(C).
    380. K. Ruddell & A. B. Philpott & A. Downward, 2017. "Supply Function Equilibrium with Taxed Benefits," Operations Research, INFORMS, vol. 65(1), pages 1-18, February.
    381. Ning, Haokai, 2020. "Choice of Trade Policy with Incomplete Information," MPRA Paper 101529, University Library of Munich, Germany.
    382. F. Delbono & L. Lambertini, 2016. "Choosing Roles under Supply Function Competition," Working Papers wp1069, Dipartimento Scienze Economiche, Universita' di Bologna.
    383. Marzena Rostek & Ji Hee Yoon, 2021. "Exchange Design and Efficiency," Econometrica, Econometric Society, vol. 89(6), pages 2887-2928, November.
    384. Wolak, Frank A., 2010. "Using restructured electricity supply industries to understand oligopoly industry outcomes," Utilities Policy, Elsevier, vol. 18(4), pages 227-246, December.
    385. Kamiński, Jacek, 2014. "A blocked takeover in the Polish power sector: A model-based analysis," Energy Policy, Elsevier, vol. 66(C), pages 42-52.
    386. Delbianco, Fernando & Tohmé, Fernando & Stosic, Tatijana & Stosic, Borko, 2016. "Multifractal behavior of commodity markets: Fuel versus non-fuel products," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 573-580.
    387. K. Ruddell & A. B. Philpott & A. Downward, 2017. "Supply Function Equilibrium with Taxed Benefits," Operations Research, INFORMS, vol. 65(1), pages 1-18, February.
    388. Ramesh Johari & John N. Tsitsiklis, 2011. "Parameterized Supply Function Bidding: Equilibrium and Efficiency," Operations Research, INFORMS, vol. 59(5), pages 1079-1089, October.
    389. SHerrill Shaffer, 2008. "Strategic Risk Aversion," CAMA Working Papers 2008-25, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    390. Florian Leuthold & Hannes Weigt & Christian Hirschhausen, 2012. "A Large-Scale Spatial Optimization Model of the European Electricity Market," Networks and Spatial Economics, Springer, vol. 12(1), pages 75-107, March.
    391. Veronika Grimm & Gregor Zoettl, 2006. "Equilibrium Investment Is Reduced If We Allow For Forward Contracts," Working Papers. Serie AD 2006-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    392. Halseth, Arve, 1999. "Market power in the Nordic electricity market," Utilities Policy, Elsevier, vol. 7(4), pages 259-268, February.
    393. Sioshansi, Ramteen, 2014. "When energy storage reduces social welfare," Energy Economics, Elsevier, vol. 41(C), pages 106-116.
    394. Sonia Jaffe & E. Glen Weyl, 2013. "The First-Order Approach to Merger Analysis," American Economic Journal: Microeconomics, American Economic Association, vol. 5(4), pages 188-218, November.
    395. Ollikka, Kimmo & Tukiainen, Janne, 2013. "Central bank liquidity auction mechanism design and the interbank market," Bank of Finland Research Discussion Papers 21/2013, Bank of Finland.
    396. Weibull, Jörgen, 2006. "Price competition and convex costs," SSE/EFI Working Paper Series in Economics and Finance 622, Stockholm School of Economics, revised 23 Feb 2006.
    397. Moreno, Diego, 1999. "Competencia vía funciones de oferta en el mercado español de producción de energía eléctrica," DE - Documentos de Trabajo. Economía. DE 3893, Universidad Carlos III de Madrid. Departamento de Economía.
    398. Neuhoff, Karsten & Newbery, David, 2005. "Evolution of electricity markets: Does sequencing matter?," Utilities Policy, Elsevier, vol. 13(2), pages 163-173, June.
    399. Crampes, C. & Moreaux, M., 2001. "Water resource and power generation," International Journal of Industrial Organization, Elsevier, vol. 19(6), pages 975-997, May.
    400. Frank A. Wolak & Robert H. Patrick, 2001. "The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market," NBER Working Papers 8248, National Bureau of Economic Research, Inc.
    401. Bolle, Friedel, 2001. "Competition with supply and demand functions," Energy Economics, Elsevier, vol. 23(3), pages 253-277, May.
    402. Eric Budish & Peter Cramton & Albert S. Kyle & Jeongmin Lee & David Malec, 2022. "Flow Trading," ECONtribute Discussion Papers Series 146, University of Bonn and University of Cologne, Germany.
    403. Kamiński, Jacek, 2011. "Market power in a coal-based power generation sector: The case of Poland," Energy, Elsevier, vol. 36(11), pages 6634-6644.
    404. Committee, Nobel Prize, 2020. "Improvements to auction theory and inventions of new auction formats," Nobel Prize in Economics documents 2020-2, Nobel Prize Committee.
    405. Mardi Dungey & Ali Ghahremanlou & Ngo Van Long, 2017. "Strategic Bidding of Electric Power Generating Companies: Evidence from the Australian National Energy Market," CESifo Working Paper Series 6819, CESifo.
    406. Nathan H. Miller & Joseph U. Podwol, 2020. "Forward Contracts, Market Structure and the Welfare Effects of Mergers," Journal of Industrial Economics, Wiley Blackwell, vol. 68(2), pages 364-407, June.
    407. E. Glen Weyl & Michal Fabinger, 2013. "Pass-Through as an Economic Tool: Principles of Incidence under Imperfect Competition," Journal of Political Economy, University of Chicago Press, vol. 121(3), pages 528-583.
    408. Tunca, Tunay I., 2008. "Information precision and asymptotic efficiency of industrial markets," Journal of Mathematical Economics, Elsevier, vol. 44(9-10), pages 964-996, September.
    409. F. Delbono & L. Lambertini, 2015. "On the properties of linear supply functions in oligopoly," Working Papers wp1014, Dipartimento Scienze Economiche, Universita' di Bologna.
    410. Hästö, Peter & Holmberg, Pär, 2005. "Some Inequalities related to the analysis of electricity auctions," Working Paper Series 2005:23, Uppsala University, Department of Economics.
    411. Dean V. Williamson & Céline Jullien & Lynne Kiesling & Carine Staropoli, 2006. "Investment Incentives and Market Power: An Experimental Analysis," EAG Discussions Papers 200605, Department of Justice, Antitrust Division.
    412. Ollikka, Kimmo, 2014. "Essays on auction mechanisms and information in regulating pollution," Research Reports P66, VATT Institute for Economic Research.
    413. Huifu Xu & Dali Zhang, 2013. "Stochastic Nash equilibrium problems: sample average approximation and applications," Computational Optimization and Applications, Springer, vol. 55(3), pages 597-645, July.
    414. Hernandez Martinez, Fernando, 2006. "La producción de energía eléctrica en España: Análisis económico de la actividad tras la liberalización del Sector Eléctrico [Electricity output in Spain: Economic analysis of the activity after li," MPRA Paper 18050, University Library of Munich, Germany.
    415. Bahamazava, Katsiaryna & Marchese, Carla & Privileggi, Fabio, 2023. "A Cournot equilibrium between Dark Net Market and Street market," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202302, University of Turin.
    416. John Roufagalas, 2015. "Supply Locus: A Note on the Supply Decisions of Monopolistic Firms," Journal for Economic Educators, Middle Tennessee State University, Business and Economic Research Center, vol. 15(1), pages 13-18, Fall.
    417. Anette Boom, "undated". "Investments in Electricity Generation Capacity under Different Market Structures with Price Responsive Demand," Papers 016, Departmental Working Papers.
    418. Boom, Anette, 2009. "Vertically integrated firms' investments in electricity generating capacities," International Journal of Industrial Organization, Elsevier, vol. 27(4), pages 544-551, July.
    419. Tsimopoulos, Evangelos G. & Georgiadis, Michael C., 2021. "Nash equilibria in electricity pool markets with large-scale wind power integration," Energy, Elsevier, vol. 228(C).
    420. El Khatib, Sameh & Galiana, Francisco D., 2019. "Investigating emission regulation policy in the electricity sector: modeling an oligopolistic electricity market under hourly cap-and-trade," Energy Economics, Elsevier, vol. 78(C), pages 428-443.
    421. Zigrand, Jean-Pierre, 2001. "Rational limits to arbitrage," LSE Research Online Documents on Economics 25068, London School of Economics and Political Science, LSE Library.
    422. Dali Zhang & Huifu Xu & Yue Wu, 2010. "A two stage stochastic equilibrium model for electricity markets with two way contracts," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 71(1), pages 1-45, February.
    423. Bustos-Salvagno, Javier, 2015. "Bidding behavior in the Chilean electricity market," Energy Economics, Elsevier, vol. 51(C), pages 288-299.
    424. Xavier Vives, 2000. "Allocative and Productive Efficiency in REE with Asymetric Information," UFAE and IAE Working Papers 473.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    425. David P. Brown & David E. M. Sappington, 2022. "Vertical integration and capacity investment in the electricity sector," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 193-226, February.
    426. Grant, Simon & Quiggin, John, 1998. "The meeting place problem: Salience and search," Journal of Economic Behavior & Organization, Elsevier, vol. 33(2), pages 271-283, January.
    427. Catherine D. Wolfram, 1997. "Strategic Bidding in a Multi-Unit Auction: An Empirical Analysis of Bids to Supply Electricity," NBER Working Papers 6269, National Bureau of Economic Research, Inc.
    428. Holmberg, P. & Philpott, A.B., 2018. "On supply-function equilibria in radial transmission networks," European Journal of Operational Research, Elsevier, vol. 271(3), pages 985-1000.
    429. Keita Yamane, 2020. "Market Structure, Competition, and Optimal Privatization: a Linear Supply Function Approach," Journal of Industry, Competition and Trade, Springer, vol. 20(3), pages 605-615, September.
    430. Ciarreta, Aitor & Gutierrez-Hita, Carlos, 2006. "Supply function vs. quantity competition in supergames," International Journal of Industrial Organization, Elsevier, vol. 24(4), pages 773-783, July.
    431. Heydari, Somayeh & Siddiqui, Afzal, 2010. "Valuing a gas-fired power plant: A comparison of ordinary linear models, regime-switching approaches, and models with stochastic volatility," Energy Economics, Elsevier, vol. 32(3), pages 709-725, May.
    432. Mulder, Machiel & Petrikaitė, Vaiva & Scholtens, Bert, 2015. "Distributed energy generation techniques and the competitive fringe effect in electricity markets," Resource and Energy Economics, Elsevier, vol. 42(C), pages 125-140.
    433. Moresi, Serge, 2000. "Information acquisition and research differentiation prior to an open-bid auction1," International Journal of Industrial Organization, Elsevier, vol. 18(5), pages 723-746, July.
    434. Bourjade Sylvain, 2019. "Uniform Price Auctions with Asymmetric Bidders," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 19(1), pages 1-14, January.
    435. Carlos Suarez, 2021. "Mixed Oligopoly and Market Power Mitigation: Evidence from the Colombian Wholesale Electricity Market," IREA Working Papers 202101, University of Barcelona, Research Institute of Applied Economics, revised Jan 2021.
    436. Germeshausen, Robert, 2018. "The European Union emissions trading scheme and fuel efficiency of fossil fuel power plants in Germany," ZEW Discussion Papers 18-007, ZEW - Leibniz Centre for European Economic Research.
    437. Zöttl, Gregor, 2011. "On optimal scarcity prices," International Journal of Industrial Organization, Elsevier, vol. 29(5), pages 589-605, September.
    438. Manel Antelo & Lluís Bru, 2018. "On the stability of buyer groups under key account management," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 9(2), pages 189-214, June.
    439. Dorea Chin & Afzal Siddiqui, 2014. "Capacity expansion and forward contracting in a duopolistic power sector," Computational Management Science, Springer, vol. 11(1), pages 57-86, January.
    440. Pérez de Arce, Miguel & Sauma, Enzo & Contreras, Javier, 2016. "Renewable energy policy performance in reducing CO2 emissions," Energy Economics, Elsevier, vol. 54(C), pages 272-280.
    441. Haim Mendelson & Tunay I. Tunca, 2007. "Strategic Spot Trading in Supply Chains," Management Science, INFORMS, vol. 53(5), pages 742-759, May.
    442. Ramesh Johari & John N. Tsitsiklis, 2009. "Efficiency of Scalar-Parameterized Mechanisms," Operations Research, INFORMS, vol. 57(4), pages 823-839, August.
    443. Rico Ihle & Ofir D. Rubin & Ziv Bar-Nahum & Roel Jongeneel, 2020. "Imperfect food markets in times of crisis: economic consequences of supply chain disruptions and fragmentation for local market power and urban vulnerability," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(4), pages 727-734, August.
    444. Wirl, Franz, 2009. "Oligopoly meets oligopsony: The case of permits," Journal of Environmental Economics and Management, Elsevier, vol. 58(3), pages 329-337, November.
    445. Bouckaert, Jan & Van Moer, Geert, 2017. "Horizontal subcontracting and investment in idle dispatchable power plants," International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 307-332.
    446. Kalai, Adam Tauman & Kalai, Ehud & Lehrer, Ehud & Samet, Dov, 2010. "A commitment folk theorem," Games and Economic Behavior, Elsevier, vol. 69(1), pages 127-137, May.
    447. Quang Vuong & Ayse Pehlivan, 2015. "Supply Function Competition and Exporters: Nonparametric Identification and Estimation of Productivity Distributions and Marginal Costs," 2015 Meeting Papers 1414, Society for Economic Dynamics.
    448. Peck, James, 2018. "Competing mechanisms with multi-unit consumer demand," Journal of Economic Theory, Elsevier, vol. 177(C), pages 126-161.
    449. Sulamaa, Pekka, . "Essays in Deregulated Finnish and Nordic Electricity Markets," ETLA A, The Research Institute of the Finnish Economy, number 34.
    450. Müller, Gernot & Rammerstorfer, Margarethe, 2008. "A theoretical analysis of procurement auctions for tertiary control in Germany," Energy Policy, Elsevier, vol. 36(7), pages 2620-2627, July.
    451. Guy Meunier, 2011. "Imperfect Competition and Long-term Contracts in Electricity Markets: Some Lessons from Theoretical Models," Chapters, in: Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque (ed.), Competition, Contracts and Electricity Markets, chapter 6, Edward Elgar Publishing.
    452. Weidlich, Anke & Veit, Daniel, 2008. "A critical survey of agent-based wholesale electricity market models," Energy Economics, Elsevier, vol. 30(4), pages 1728-1759, July.
    453. Han, Seungjin, 2007. "Strongly robust equilibrium and competing-mechanism games," Journal of Economic Theory, Elsevier, vol. 137(1), pages 610-626, November.
    454. Guido Pepermans & Bert Willems, 2004. "Ramsey Pricing in a Congested Network with Market Power in Generation: A Numerical Illustration for Belgium," Energy, Transport and Environment Working Papers Series ete0408, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    455. José Ignacio Sánchez-Macías & Pedro Calero Pérez, 2003. "Regulación de las tarifas de acceso a las redes y liberalización del sector eléctrico español," Hacienda Pública Española / Review of Public Economics, IEF, vol. 166(3), pages 61-83, September.
    456. Daniel Chen & Darrell Duffie, 2020. "Market Fragmentation," NBER Working Papers 26828, National Bureau of Economic Research, Inc.
    457. Philip J. Neame & Andrew B. Philpott & Geoffrey Pritchard, 2003. "Offer Stack Optimization in Electricity Pool Markets," Operations Research, INFORMS, vol. 51(3), pages 397-408, June.
    458. Wittwer, Milena, 2020. "Interconnected pay-as-bid auctions," Games and Economic Behavior, Elsevier, vol. 121(C), pages 506-530.
    459. Wölfing, Nikolas, 2008. "Asymmetric Price Transmission in Supply Function Equilibrium, Carbon Prices and the German Electricity Spot Market," ZEW Discussion Papers 08-040, ZEW - Leibniz Centre for European Economic Research.
    460. Manel Antelo & Lluis Bru, 2013. "Large buyers, preferential treatment and cartel stability," Documentos de trabajo - Analise Economica 0051, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    461. Saglam, Ismail, 2022. "Pretend-But-Perform Regulation of a Duopoly under Three Competition Modes," MPRA Paper 116767, University Library of Munich, Germany.
    462. Yusuke Ikuta, 2017. "Linear Supply Function Competition in A Vertically Related Market," International Journal of Economic Policy Studies, Springer, vol. 12(1), pages 1-22, January.
    463. Klemperer, Paul, 2000. "What Really Matters in Auction Design: the European Spectrum Auctions," Econometric Society World Congress 2000 Contributed Papers 1937, Econometric Society.
    464. Ross Baldick, 2018. "Incentive properties of coincident peak pricing," Journal of Regulatory Economics, Springer, vol. 54(2), pages 165-194, October.

  12. Klemperer, Paul D. & Meyer, Margaret A., 1988. "Consistent conjectures equilibria: A reformulation showing non-uniqueness," Economics Letters, Elsevier, vol. 27(2), pages 111-115.

    Cited by:

    1. Paulo Brito & Bipasa Datta & Huw Dixon, 2011. "The evolution of mixed conjectures in the rent-extraction game," Discussion Papers 11/06, Department of Economics, University of York.
    2. Boone, J., 2002. "'Be Nice Unless it Pays to Fight' : A New Theory of Price Determination with Implications for Competition Policy," Discussion Paper 2002-23, Tilburg University, Center for Economic Research.
    3. Boone, J., 2002. "'Be Nice Unless it Pays to Fight' : A New Theory of Price Determination with Implications for Competition Policy," Other publications TiSEM 739723a0-ffec-49c9-bef8-7, Tilburg University, School of Economics and Management.
    4. Boone, J., 2003. "'Be nice, unless it pays to fight' : A new theory of price determination with implications for competition policy," Other publications TiSEM 7066cb71-3c22-4565-8c71-5, Tilburg University, School of Economics and Management.
    5. Flavio Menezes & John Quiggin & Tina Kao, 2012. "Optimal Access Regulation with Downstream Competition," Discussion Papers Series 473, School of Economics, University of Queensland, Australia.
    6. Satoh, Atsuhiro & Tanaka, Yasuhito, 2014. "Irrelevance of conjectural variation in duopoly under relative profit maximization and consistent conjectures," MPRA Paper 55881, University Library of Munich, Germany.

  13. Margaret A. Meyer, 1987. "Labor Contracts under Asymmetric Information When Workers are Free to Quit," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 527-551.

    Cited by:

    1. Muehlheusser, Gerd & Roider, Andreas & Englmaier, Florian, 2010. "Optimal Incentive Contracts under Moral Hazard When the Agent is Free to Leave," CEPR Discussion Papers 7914, C.E.P.R. Discussion Papers.
    2. Englmaier, Florian & Muehlheusser, Gerd & Roider, Andreas, 2014. "Optimal incentive contracts for knowledge workers," Munich Reprints in Economics 22175, University of Munich, Department of Economics.
    3. Tsoulouhas, Theofanis, 1996. "Labor and credit contracts with asymmetric information and bankruptcy," European Economic Review, Elsevier, vol. 40(8), pages 1665-1682, November.
    4. Canegallo, Claudia, 1999. "Funzionamento del mercato del lavoro in presenza di informazione asimmetrica. Una rassegna della letteratura," POLIS Working Papers 8, Institute of Public Policy and Public Choice - POLIS.
    5. Jonathan P. Thomas, 2000. "Fair pay and a Wagebill Argument for Wage Rigidity and Excessive Employment Variability," Labor and Demography 0004004, University Library of Munich, Germany.

  14. Margaret A. Meyer & Dilip Mookherjee, 1987. "Incentives, Compensation, and Social Welfare," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 54(2), pages 209-226.

    Cited by:

    1. Bartling, Björn & von Siemens, Ferdinand A., 2010. "The intensity of incentives in firms and markets: Moral hazard with envious agents," Labour Economics, Elsevier, vol. 17(3), pages 598-607, June.
    2. Margaret Meyer & Bruno Strulovici, 2011. "Increasing Interdependence of Multivariate Distributions," Discussion Papers 1523, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Cesar Calvo & Stefan Dercon, 2013. "Vulnerability to individual and aggregate poverty," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 721-740, October.
    4. Milgrom, Paul & Roberts, John, 1994. "Complementarities and systems: Understanding japanese economic organization," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 9(1), pages 3-42.
    5. Marc Fleurbaey, 2010. "Assessing Risky Social Situations," Journal of Political Economy, University of Chicago Press, vol. 118(4), pages 649-680, August.
    6. Prat, A., 1998. "How Homogeneous Should a Team Be?," Other publications TiSEM 2c3a2c06-7aad-41f1-9ab6-e, Tilburg University, School of Economics and Management.
    7. Ederer, Florian & Patacconi, Andrea, 2010. "Interpersonal comparison, status and ambition in organizations," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 348-363, August.
    8. Meyer, Margaret & Strulovici, Bruno, 2013. "The Supermodular Stochastic Ordering," CEPR Discussion Papers 9486, C.E.P.R. Discussion Papers.
    9. Okada, Yosuke, 2005. "Competition and productivity in Japanese manufacturing industries," Journal of the Japanese and International Economies, Elsevier, vol. 19(4), pages 586-616, December.
    10. Milgrom, Paul & Roberts, John, 1995. "Complementarities and fit strategy, structure, and organizational change in manufacturing," Journal of Accounting and Economics, Elsevier, vol. 19(2-3), pages 179-208, April.
    11. Geir H. Bjertnæs, 2012. "Promotion rat race and public policy," Discussion Papers 686, Statistics Norway, Research Department.
    12. Prat, Andrea, 2002. "Should a team be homogeneous?," European Economic Review, Elsevier, vol. 46(7), pages 1187-1207, July.
    13. Anderson, Siwan & Baland, Jean-Marie & Moene, Karl Ove, 2009. "Enforcement in informal saving groups," Journal of Development Economics, Elsevier, vol. 90(1), pages 14-23, September.

  15. Paul Klemperer & Margaret Meyer, 1986. "Price Competition vs. Quantity Competition: The Role of Uncertainty," RAND Journal of Economics, The RAND Corporation, vol. 17(4), pages 618-638, Winter.

    Cited by:

    1. Yasuhiko Nakamura, 2019. "Combining the Endogenous Choice of the Timing of Setting the Levels of Strategic Contracts and Their Contents in a Managerial Mixed Duopoly," Journal of Industry, Competition and Trade, Springer, vol. 19(2), pages 235-261, June.
    2. Satoh, Atsuhiro & Tanaka, Yasuhito, 2015. "Relative profit maximization and the choice of strategic variables in duopoly," MPRA Paper 63000, University Library of Munich, Germany.
    3. Markus Reisinger & Ludwig Ressner, 2006. "The Choice of Prices vs. Quantities under Uncertainty," Working Papers 007, Bavarian Graduate Program in Economics (BGPE).
    4. Manasakis, Constantine & Vlassis, Minas, 2013. "Downstream mode of competition with upstream market power," DICE Discussion Papers 118, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    5. Yasuhiko Nakamura, 2018. "Endogenous Market Structures in the Presence of a Socially Responsible Firm," Journal of Industry, Competition and Trade, Springer, vol. 18(3), pages 319-348, September.
    6. Paul Klemperer, 2000. "Why Every Economist Should Learn Some Auction Theory," Microeconomics 0004009, University Library of Munich, Germany.
    7. Klemperer, Paul, 2009. "The Product-Mix Auction: a New Auction Design for Differentiated Goods," CEPR Discussion Papers 7395, C.E.P.R. Discussion Papers.
    8. Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
    9. Matsumura, Toshihiro & Ogawa, Akira, 2012. "Price versus quantity in a mixed duopoly," Economics Letters, Elsevier, vol. 116(2), pages 174-177.
    10. Elizabeth Schroeder & Victor Tremblay, 2015. "A Reappraisal of Strategic Trade Policy," Journal of Industry, Competition and Trade, Springer, vol. 15(4), pages 435-442, December.
    11. Delgado, Juan & Moreno, Diego, 1999. "Coalition-proof supply function equilibria in oligopoly," UC3M Working papers. Economics 6145, Universidad Carlos III de Madrid. Departamento de Economía.
    12. Mitraille, Sébastien & Moreaux, Michel, 2012. "Inventories and Endogenous Stackelberg Leadership in Two-period Cournot Oligopoly," IDEI Working Papers 730, Institut d'Économie Industrielle (IDEI), Toulouse.
    13. Brown, Murray & Chiang, Shin-Hwan, 2002. "Unsystematic risk and coalition formation in product markets," International Journal of Industrial Organization, Elsevier, vol. 20(3), pages 313-338, March.
    14. José Claude de Sousa & Anne-Célia Disdier & Carl Gaigné, 2020. "Export decision under risk [Décision d’exportation en environnement risqué]," PSE-Ecole d'économie de Paris (Postprint) hal-02624746, HAL.
    15. Castillo, Paul & Montoro, Carlos, 2015. "Distribución de Ingresos y Dolarización Endógena," Working Papers 2015-002, Banco Central de Reserva del Perú.
    16. Luca Lambertini, 2013. "John von Neumann between Physics and Economics: A methodological note," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 5(2), pages 177-189, December.
    17. L. Lambertini, 1996. "Strategic Delegation and the Shape of Market Competition," Working Papers 267, Dipartimento Scienze Economiche, Universita' di Bologna.
    18. Sushil Bikhchandani, 2020. "Intermediated surge pricing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(1), pages 31-50, January.
    19. Lenhard, Severin, 2022. "Imperfect competition with costly disposal," International Journal of Industrial Organization, Elsevier, vol. 82(C).
    20. Marc Escrihuela‐Villar & Carlos Gutiérrez‐Hita & José Vicente‐Pérez, 2020. "Supply function competition in a mixed electric power market," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(4), pages 1151-1175, August.
    21. Yasuhiko Nakamura, 2015. "Endogenous Choice of Strategic Variables in an Asymmetric Duopoly with Respect to the Demand Functions that Firms Face," Manchester School, University of Manchester, vol. 83(5), pages 546-567, September.
    22. Duarte Brito & Margarida Catalão-Lopes, 2023. "Cournot–Bertrand endogenous behavior in a differentiated oligopoly with entry deterrence," Theory and Decision, Springer, vol. 95(1), pages 55-78, July.
    23. Alonso, Ricardo & Matouschek, Niko & Dessein, Wouter, 2011. "Strategic communication: prices versus quantities," LSE Research Online Documents on Economics 58651, London School of Economics and Political Science, LSE Library.
    24. Vladimir Pavlov & Ron Berman, 2019. "Price Manipulation in Peer-to-Peer Markets and the Sharing Economy," Working Papers 19-10, NET Institute.
    25. Yasuhiko Nakamura, 2017. "Price Versus Quantity in a Duopoly with a Unilateral Effect and with Bargaining over Managerial Contracts," Journal of Industry, Competition and Trade, Springer, vol. 17(1), pages 83-119, March.
    26. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function competition in a mixed oligopoly," MPRA Paper 83792, University Library of Munich, Germany.
    27. Miller, Nolan H. & Pazgal, Amit, 2005. "Strategic trade and delegated competition," Journal of International Economics, Elsevier, vol. 66(1), pages 215-231, May.
    28. David M. Newbery & Thomas Greve, 2015. "The robustness of industrial commodity oligopoly pricing strategies," Working Papers EPRG 1522, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    29. Lambertini, Luca, 2010. "Make vs buy in a monopoly with demand or cost uncertainty," Research in Economics, Elsevier, vol. 64(2), pages 101-109, June.
    30. Luca Lambertini & Manuela Mosca, 2014. "The Bertrand Paradox, the Useless Auctioneer and the Launhardt Model," Australian Economic Papers, Wiley Blackwell, vol. 53(3-4), pages 170-183, December.
    31. Miller, Nolan & Pazgal, Amit, 2002. "Strategic Trade and Delegated Competition," Working Paper Series rwp02-042, Harvard University, John F. Kennedy School of Government.
    32. Semenov, Aggey & Tondji, Jean-Baptiste, 2019. "On the Dynamic Analysis of Cournot–Bertrand Equilibria," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    33. Stole, Lars A., 2007. "Price Discrimination and Competition," Handbook of Industrial Organization, in: Mark Armstrong & Robert Porter (ed.), Handbook of Industrial Organization, edition 1, volume 3, chapter 34, pages 2221-2299, Elsevier.
    34. Weiss, Christoph R., 1999. "Determinanten und Zyklik der Profite im produzierenden Ernährungsgewerbe Deutschlands," FE Working Papers 9904, Christian-Albrechts-University of Kiel, Department of Food Economics and Consumption Studies.
    35. Philippe Bacchetta & Eric Van Wincoop, 2002. "A theory of the currency denomination of international trade," International Finance Discussion Papers 747, Board of Governors of the Federal Reserve System (U.S.).
    36. Scrimitore, Marcella, 2013. "Price or quantity? The strategic choice of subsidized firms in a mixed duopoly," Economics Letters, Elsevier, vol. 118(2), pages 337-341.
    37. Stickel, Eberhard, 2001. "Uncertainty reduction in a competitive environment," Journal of Business Research, Elsevier, vol. 51(3), pages 169-177, March.
    38. L. Lambertini, 2000. "Quantum Mechanics and Mathematical Economics are Isomorphic. John von Neumann between Physics and Economics," Working Papers 370, Dipartimento Scienze Economiche, Universita' di Bologna.
    39. Asplund, Marcus, 1995. "Risk-Averse Firms in Oligopoly," SSE/EFI Working Paper Series in Economics and Finance 69, Stockholm School of Economics, revised 23 Feb 2000.
    40. Luca Lambertini, 2000. "Technology and Cartel Stability under Vertical Differentiation," German Economic Review, Verein für Socialpolitik, vol. 1(4), pages 421-442, November.
    41. John Gilbert & Onur A. Koska & Reza Oladi, 2023. "Foreign market entry, upstream market power, and endogenous mode of downstream competition," Review of International Economics, Wiley Blackwell, vol. 31(1), pages 341-362, February.
    42. Ricardo Reis, 2005. "Inattentive Producers," 2005 Meeting Papers 290, Society for Economic Dynamics.
    43. Choi, Kangsik & Lee, Ki-Dong & Lim, Seonyoung, 2016. "Strategic Trade Policies In International Rivalry When Competition Mode Is Endogenous," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 57(2), pages 223-241, December.
    44. Majid Motamedi & Shahram Moeeni & Salman Gharakhani & Iman Keyfarokhi, 2014. "The Behavior of Iranian Restructured Electricity Market in Supply Function Equilibrium Framework," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(1), pages 178-191, January.
    45. Normann, Hans-Theo, 2002. "Endogenous Timing with Incomplete Information and with Observable Delay," Games and Economic Behavior, Elsevier, vol. 39(2), pages 282-291, May.
    46. John Gilbert & Onur A. Koska & Reza Oladi, 2020. "International Trade, Differentiated Goods and Strategic Asymmetry," Working Papers in Economics 20/06, University of Canterbury, Department of Economics and Finance.
    47. Gutiérrez-Hita, Carlos & Vicente-Pérez, José, 2018. "On supply function equilibria in a mixed duopoly," Economics Letters, Elsevier, vol. 168(C), pages 6-9.
    48. Dasgupta, Sudipto & Shin, Jhinyoung, 2004. "Managerial risk-taking incentives, product market competition and welfare," European Economic Review, Elsevier, vol. 48(2), pages 391-401, April.
    49. Nolan Miller & Amit Pazgal, 2007. "Advertising budgets in competitive environments," Quantitative Marketing and Economics (QME), Springer, vol. 5(2), pages 131-161, June.
    50. Chao‐Cheng Mai & Shih‐Chuan Lin, 2021. "The effects of uncertainties over R&D policy or market demand on R&D levels," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(4), pages 1048-1056, June.
    51. Jian Hu & Junxuan Li & Sanjay Mehrotra, 2019. "A Data-Driven Functionally Robust Approach for Simultaneous Pricing and Order Quantity Decisions with Unknown Demand Function," Operations Research, INFORMS, vol. 67(6), pages 1564-1585, November.
    52. Constantine Manasakis & Minas Vlassis, 2006. "Equilibrium Mode of Competition in Unionized Oligopolies: Do Unions Act as Commitment Devices to Cournot Outcomes?," Working Papers 0603, University of Crete, Department of Economics.
    53. Albert Banal‐Estañol & Marco Ottaviani, 2006. "Mergers with Product Market Risk," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(3), pages 577-608, September.
    54. R.Rothschild, "undated". "Sustaining Collusion When the Choice of Strategic Variable is Endogenous," Working Papers ec3/93, Department of Economics, University of Lancaster.
    55. Koerner, Julia & Weiss, Christoph R., 2001. "Die Zyklik der Profite in der Ernährungswirtschaft: Ein internationaler Vergleich," FE Working Papers 0101, Christian-Albrechts-University of Kiel, Department of Food Economics and Consumption Studies.
    56. Bian, Junsong & Lai, Kin Keung & Hua, Zhongsheng & Zhao, Xuan & Zhou, Guanghui, 2018. "Bertrand vs. Cournot competition in distribution channels with upstream collusion," International Journal of Production Economics, Elsevier, vol. 204(C), pages 278-289.
    57. G. Rossini & C. Vergari, 2009. "Input production joint venture," Working Papers 673, Dipartimento Scienze Economiche, Universita' di Bologna.
    58. James D. Dana Jr. & Kevin R. Williams, 2018. "Intertemporal Price Discrimination in Sequential Quantity-Price Games," Cowles Foundation Discussion Papers 2136R3, Cowles Foundation for Research in Economics, Yale University, revised Feb 2020.
    59. Nakamura, Yasuhiko, 2019. "Combining the endogenous choice of the timing of setting incentive parameters and the contents of strategic contracts in a managerial mixed duopoly," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 207-233.
    60. Louis-André Gérard-Varet & Rodolphe Dos Santos Ferreira & Claude d'Aspremont, 1991. "Concurrence en prix et équilibres cournotiens," Revue Économique, Programme National Persée, vol. 42(6), pages 967-996.
    61. Delia Ionaºcu & Kresimir Zigic, 2005. "Strategic Tariff Protection, Market Conduct, and Government Commitment Levels in Developing Economies," CERGE-EI Working Papers wp249, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    62. James D. Dana Jr. & Kevin R. Williams, 2018. "This paper develops an oligopoly model in which firms first choose capacity and then compete in prices in a series of advance-purchase markets. We show the existence of multiple sales opportunities cr," Cowles Foundation Discussion Papers 2136R4, Cowles Foundation for Research in Economics, Yale University, revised Nov 2021.
    63. Chang Ray-Yun & Hu Jin-Li & Lin Yan-Shu, 2018. "The Choice of Prices versus Quantities under Outsourcing," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 18(2), pages 1-20, July.
    64. Din, Hong-Ren & Sun, Chia-Hung, 2020. "Welfare improving licensing with endogenous choice of prices versus quantities," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    65. Alessandra Chirco & Caterina Colombo & Marcella Scrimitore, 2014. "Organizational Structure and the Choice of Price versus Quantity in a Mixed Duopoly," The Japanese Economic Review, Japanese Economic Association, vol. 65(4), pages 521-542, December.
    66. Tanaka, Yasuhito, 2001. "Profitability of price and quantity strategies in an oligopoly," Journal of Mathematical Economics, Elsevier, vol. 35(3), pages 409-418, June.
    67. Lenhard, Severin, 2022. "Imperfect Competition with Costly Disposal," VfS Annual Conference 2022 (Basel): Big Data in Economics 264038, Verein für Socialpolitik / German Economic Association.
    68. Nakamura, Yasuhiko, 2015. "Price versus quantity in a mixed duopoly: The case of relative profit maximization," Economic Modelling, Elsevier, vol. 44(C), pages 37-43.
    69. Carlos, Gutiérrez-Hita & Vicente-Pérez, José, 2018. "On Supply Function Equilibria in a Mixed Duopoly," QM&ET Working Papers 18-1, University of Alicante, D. Quantitative Methods and Economic Theory.
    70. Klemperer, Paul, 2019. "Product-Mix Auctions," CEPR Discussion Papers 13667, C.E.P.R. Discussion Papers.
    71. Markus Reisinger & Ludwig Ressner, 2009. "The Choice of Prices versus Quantities under Uncertainty," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 18(4), pages 1155-1177, December.
    72. Mitraille, Sébastien & Thille, Henry, 2014. "Speculative storage in imperfectly competitive markets," International Journal of Industrial Organization, Elsevier, vol. 35(C), pages 44-59.
    73. Wang, Shinn-Shyr & Stiegert, Kyle W., 2006. "The Duopolistic Firm with Endogenous Risk Control Case of Persuasive Advertising and Product Differentiation," Working Papers 201535, University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group.
    74. Giampiero Giacomello & Luca Lambertini, 2016. "Defensive weapons and star wars: a supergame with optimal punishments," Defence and Peace Economics, Taylor & Francis Journals, vol. 27(4), pages 535-548, August.
    75. Yasuhiko Nakamura, 2017. "Choosing Price or Quantity? The Role of Delegation and Network Externalities in a Mixed Duopoly," Australian Economic Papers, Wiley Blackwell, vol. 56(2), pages 174-200, June.
    76. Michal Król, 2012. "‘Everything must go!’- Cournot as a Stable Convention within Strategic Supply Function Competition," Economics Discussion Paper Series 1217, Economics, The University of Manchester.
    77. Pranab Majumder & Ashok Srinivasan, 2008. "Leadership and Competition in Network Supply Chains," Management Science, INFORMS, vol. 54(6), pages 1189-1204, June.
    78. Ryo Hashizume & Tatsuhiko Nariu, 2020. "Price and quantity competition with network externalities: Endogenous choice of strategic variables," Manchester School, University of Manchester, vol. 88(6), pages 847-865, December.
    79. James D. Dana Jr. & Kevin R. Williams, 2018. "Oligopoly Price Discrimination: The Role of Inventory Controls," Cowles Foundation Discussion Papers 2136, Cowles Foundation for Research in Economics, Yale University.
    80. Hong-Ren Din & Chia-Hung Sun, 2016. "Combining the endogenous choice of timing and competition version in a mixed duopoly," Journal of Economics, Springer, vol. 118(2), pages 141-166, June.
    81. Volker Nocke & Martin Peitz, 2004. "Monopoly Pricing under Demand Uncertainty: Final Sales versus Introductory Offers," PIER Working Paper Archive 04-027, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    82. James D. Dana & Kevin R. Williams, 2022. "Intertemporal Price Discrimination in Sequential Quantity-Price Games," Marketing Science, INFORMS, vol. 41(5), pages 966-981, September.
    83. Gunay, Erdal & Ursel, Nancy, 2015. "Underwriter competition in accelerated seasoned equity offerings: Evidence from Canada," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 34(C), pages 94-110.
    84. James D. Dana Jr. & Kevin R. Williams, 2020. "Intertemporal Price Discrimination in Sequential Quantity-Price Games," NBER Working Papers 26794, National Bureau of Economic Research, Inc.
    85. Amr Farahat & Georgia Perakis, 2011. "TECHNICAL NOTE---A Comparison of Bertrand and Cournot Profits in Oligopolies with Differentiated Products," Operations Research, INFORMS, vol. 59(2), pages 507-513, April.
    86. James D. Dana Jr. & Kevin R. Williams, 2018. "Oligopoly Price Discrimination: The Role of Inventory Controls," Cowles Foundation Discussion Papers 2136R, Cowles Foundation for Research in Economics, Yale University, revised Sep 2018.
    87. Sheu, Jiuh-Biing, 2011. "Marketing-driven channel coordination with revenue-sharing contracts under price promotion to end-customers," European Journal of Operational Research, Elsevier, vol. 214(2), pages 246-255, October.
    88. Ray-Yun Chang & Yan-Shu Lin & Jin-Li Hu, 2015. "Mixed Competition and Patent Licensing," Australian Economic Papers, Wiley Blackwell, vol. 54(4), pages 229-249, December.
    89. Jan A. Van Mieghem & Maqbool Dada, 1999. "Price Versus Production Postponement: Capacity and Competition," Management Science, INFORMS, vol. 45(12), pages 1639-1649, December.
    90. Sebastien Mitraille & Henry Thille, 2017. "Strategic advance sales, demand uncertainty and overcommitment," Working Papers 1708, University of Guelph, Department of Economics and Finance.
    91. Tasnadi, Attila, 2006. "Price vs. quantity in oligopoly games," International Journal of Industrial Organization, Elsevier, vol. 24(3), pages 541-554, May.
    92. Wang, Shinn-Shyr & Stiegert, Kyle W., 2006. "The Duopolistic Firm with Endogenous Risk Control: Case of Persuasive Advertising and Product Differentiation," Staff Papers 12606, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    93. Luca Lambertini, 2006. "Process R&D in Monopoly under Demand Uncertainty," Economics Bulletin, AccessEcon, vol. 15(14), pages 1-9.
    94. Luciano Fanti & Nicola Meccheri, 2015. "On the Cournot–Bertrand Profit Differential and the Structure of Unionisation in a Managerial Duopoly," Australian Economic Papers, Wiley Blackwell, vol. 54(4), pages 266-287, December.
    95. Silvia Fedeli & Leone Leonida & Michele Santoni, 2018. "Bureaucratic institutional design: the case of the Italian NHS," Public Choice, Springer, vol. 177(3), pages 265-285, December.
    96. James D. Dana Jr. & Kevin R. Williams, 2018. "Intertemporal Price Discrimination in Sequential Quantity-Price Games," Cowles Foundation Discussion Papers 2136R2, Cowles Foundation for Research in Economics, Yale University, revised Mar 2019.
    97. Karamemis, Gulver & Zhang, Jiayuan & Chen, Yuwen, 2023. "Consignment and turnkey sourcing and outsourcing analysis for a three-player supply chain in various power dynamics," European Journal of Operational Research, Elsevier, vol. 311(1), pages 125-138.
    98. Pranab Majumder & Ashok Srinivasan, 2006. "Leader Location, Cooperation, and Coordination in Serial Supply Chains," Production and Operations Management, Production and Operations Management Society, vol. 15(1), pages 22-39, March.
    99. Severin Lenhard, 2021. "Imperfect Competition with Costly Disposal," Diskussionsschriften dp2105, Universitaet Bern, Departement Volkswirtschaft.
    100. Eric Rasmusen & Young-Ro Yoon, 2007. "First versus Second-Mover Advantage with Information Asymmetry about the Size of New Mark," CAEPR Working Papers 2007-017, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    101. Orlando I. Balboa & Andrew F. Daughety & Jennifer F. Reinganum, 2001. "Market Structure and the Demand for Free Trade," Vanderbilt University Department of Economics Working Papers 0112, Vanderbilt University Department of Economics, revised Dec 2002.
    102. Nakamura, Yasuhiko, 2015. "Endogenous choice of strategic incentives in a mixed duopoly with a new managerial delegation contract for the public firm," International Review of Economics & Finance, Elsevier, vol. 35(C), pages 262-277.
    103. D. Dragone & L. Lambertini & G. Leitmann & A. Palestini, 2009. "A Stochastic Optimal Control Model of Pollution Abatement," Working Papers 681, Dipartimento Scienze Economiche, Universita' di Bologna.
    104. Eric Rasmusen & Young-Ro Yoon, 2008. "First versus Second-Mover Advantage with Information Asymmetry about the Size of New Markets," Working Papers 2008-15, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    105. Thành Nguyen & Karthik Kannan, 2021. "Welfare Implications in Intermediary Networks," Information Systems Research, INFORMS, vol. 32(2), pages 378-393, June.
    106. Terrence Hendershott & Jie Zhang, 2006. "A Model of Direct and Intermediated Sales," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(2), pages 279-316, June.
    107. Hong-Ren Din & Chia-Hung Sun, 2023. "Centralized or decentralized bargaining in a vertically-related market with endogenous price/quantity choices," Journal of Economics, Springer, vol. 138(1), pages 73-94, January.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.