Zobrazeno 1 - 10
of 471
pro vyhledávání: '"Andrew F. Newman"'
Autor:
Laura Alfaro, Nicholas Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew F. Newman, Raffaella Sadun, John Van Reenen
Publikováno v:
Journal of the European Economic Association.
We jointly study firm boundaries and the allocation of decision rights within them by confronting an incomplete-contracts model with data on vertical integration and delegation for thousands of firms around the world. Integration has an option value:
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d550fcd67db85230db2554168c0b60f4
https://doi.org/10.1093/jeea/jvad027
https://doi.org/10.1093/jeea/jvad027
Autor:
Andrew F. Newman, Raffaella Sadun, Paola Conconi, Patrick Legros, Laura Alfaro, Nicholas Bloom, Harald Fadinger, John Van Reenen
Little is known theoretically, and even less empirically, about the relationship between firm boundaries and the allocation of decision rights within firms. We develop a model in which firms choose which suppliers to integrate and whether to delegate
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3a89ea02aa2273daef93415fcbdb6755
https://doi.org/10.3386/w24603
https://doi.org/10.3386/w24603
Autor:
Andrew F. Newman, Patrick Legros
Publikováno v:
The Quarterly Journal of Economics. 128:725-770
This article presents a perfectly competitive model of firm boundary decisions and study their interplay with product demand, technology, and welfare. Integration is privately costly but is effective at coordinating production decisions; nonintegrati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c0a55ac627d651a6dc0b43209d5bfd17
https://doi.org/10.1093/qje/qjs075
https://doi.org/10.1093/qje/qjs075
Autor:
Andrew F. Newman, Philip Bond
Publikováno v:
Journal of Financial Intermediation. 18:526-540
In most contemporary economies loan contracts that mandate exclusionary penalties such as imprisonment or other non-pecuniary punishments for defaulting debtors are illegal, despite the fact that in some cases contracting parties might gain by being
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4e7cdb2216162a852467cb976a5f1124
https://doi.org/10.1016/j.jfi.2009.07.001
https://doi.org/10.1016/j.jfi.2009.07.001
Autor:
Andrew F. Newman
Publikováno v:
Journal of Economic Theory. 137:11-26
In the “Knightian” theory of entrepreneurship, entrepreneurs provide insurance to workers by paying fixed wages and bear all the risk of production. This paper endogenizes entrepreneurial risk by allowing for optimal insurance contracts as well a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::00c241897fba644f90e78af3a7d171b5
https://doi.org/10.1016/j.jet.2007.03.004
https://doi.org/10.1016/j.jet.2007.03.004
Publikováno v:
Journal of the European Economic Association. 4:427-435
We study an assignment-with-investment model to highlight a tradeoff between investment in human capital before (ex ante system) and after (ex post system) matching on the labor market. The ex post system is better at coordinating investment within f
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9651cd2c6c04dc422a9772babf0b7b48
https://doi.org/10.1162/jeea.2006.4.2-3.427
https://doi.org/10.1162/jeea.2006.4.2-3.427
Autor:
Daron Acemoglu, Andrew F. Newman
Publikováno v:
European Economic Review. 46:1733-1756
We analyze the impact of labor demand and labor market regulations on the corporate structure if firms. We find that higher wages are associated with lower monitoring, irrespective of whether these high wages are caused by labor market regulations, u
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ca03f9b2aaea03c92f38ace497aa462f
https://doi.org/10.1016/s0014-2921(01)00199-4
https://doi.org/10.1016/s0014-2921(01)00199-4
Autor:
Andrew F. Newman, Patrick Legros
Publikováno v:
European Economic Review. 46:734-744
This paper shows that the possibility of interference in court proceedings, or more generally jamming other agents' messages, has significant consequences for the form of optimal contracts and the flexibility of decisions that can be made inside firm
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a272ffbfc845c4f1635bd6f6923c45f5
https://doi.org/10.1016/s0014-2921(01)00210-0
https://doi.org/10.1016/s0014-2921(01)00210-0
Autor:
Patrick Legros, Andrew F. Newman
Publikováno v:
The Review of Economic Studies. 69(4):925-942
We study frictionless matching models in large production economies with and without market imperfections and/or incentive problems. We provide necessary and sufficient distribution-free conditions for monotone matching which depend on the relationsh
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::265bf339c0b70192febaf917e47f7a63
http://hdl.handle.net/10.1111/1467-937X.00231
http://hdl.handle.net/10.1111/1467-937X.00231