Outsourcing the provision of traditionally publicly provided services has become
commonplace in most industrialized nations. Despite its prevalence, there still is no …

Empirical work testing for a negative trade-off between risk and incentives has not had much
success: the data suggest a positive relationship between measures of uncertainty and …

It seems fair to say that most economists believe that product market competition has a
positive influence on managerial incentives and hence the productive efficiency of firms. 1 …

Abstract Since Ronald H. Coase's (1937) seminal paper, a rich set of theories has been
developed that deal with firm boundaries in vertical or input–output structures. In the last …

We study the determinants of contract choice in offshore software development projects and
examine how the choice of contract and other factors in the project affect project profits …

Using an extensive longitudinal data set on franchising firms, we show that established
franchisors manage their portfolio of company and franchised units to maintain a particular …

This paper studies transaction costs changes arising from the introduction of the Internet in
transactions between firms. We divide transaction costs into coordination costs and …

Using a proprietary data set provided by a major manufacturer of aircraft engines, we
empirically investigate how product reliability is impacted by the use of two different types of …

Die Neuauflage berücksichtigt die Umstellung der Diplomstudiengänge auf Bachelor und
Master, so daß das Buch sowohl für Bachelor-Einführungsveranstaltungen als auch für …

This paper aims at achieving a greater understanding of how contracts operate in practice
through a review of recent empirical literature on inter-firm contract design. Our focus on the …