Termination and Coordination in Partnerships
AbstractIt is common practice for firms to pool their expertise by forming parterships such as joint ventures and strategic alliances. A Central organizational problem in such parterships is that managers may behave noncooperatively in order to advance the interests of their parent firms. We ask whether contracts can be designed so that managers will maximize total profits.
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Bibliographic InfoPaper provided by Boston University - Industry Studies Programme in its series Papers with number 0083.
Date of creation: Mar 1997
Date of revision:
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Postal: Boston University, Industry Studies Program; Department of Economics, 270 Bay Road, Boston, Massachusetts 02215.
Web page: http://www.bu.edu/econ/isp/
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Other versions of this item:
- D20 - Microeconomics - - Production and Organizations - - - General
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
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- Brooks, Richard & Landeo, Claudia & Spier, Kathryn, 2009.
"Trigger Happy or Gun Shy? Dissolving Common-Value Partnerships with Texas Shootouts,"
2009-1, University of Alberta, Department of Economics, revised 01 Jul 2013.
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- Chong-En Bai & Zhigang Tao & Changqi Wu, 2004.
"Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures,"
RAND Journal of Economics,
The RAND Corporation, vol. 35(2), pages 277-305, Summer.
- Chong-En Bai & Zhigang Tao & Changqi Wu, 2003. "Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures.," William Davidson Institute Working Papers Series 2003-563, William Davidson Institute at the University of Michigan.
- Jianpei Li & Yi Xue & Weixing Wu, 2013. "Partnership dissolution and proprietary information," Social Choice and Welfare, Springer, vol. 40(2), pages 495-527, February.
- MAULEON, Ana & SEMPERE-MONERRIS, Jose & VANNETELBOSCH, Vincent, 2013. "Contractually stable alliances," CORE Discussion Papers 2013031, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Ludwig Ensthaler & Thomas Giebe & Jianpei Li, 2014. "Speculative partnership dissolution with auctions," Review of Economic Design, Springer, vol. 18(2), pages 127-150, June.
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