Detail Endogenous Formation of Joint Ventures With Efficiency Gains   Oleh:  Yi, Sang-Seung Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 29 no. 3 (1998), page 610-631. Topik: joint venture; endogeneous formation; joint venture; efficiency gains Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel I study stable structures of efficiency - enhancing joint ventures among symmetric firms. Efficiency gains that accrue to a joint venture are assumed to increase with its size. The socially efficient industrywide joint venture is the stable outcome when membership of a joint venture is open to outside firms, but typically not when membership can be restricted. Members of a large joint venture want to restrict membership for strategic reasons - e. g., in order to keep rival firms' costs high. Side payments among firms do not eliminate the strategic incentives of members of a large joint venture to limit membership. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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