Make or Buy Decisions and Data Sharing
Firms can share data to discover potential synergies between their data sets and algorithms, eventually leading to more efficient mergers and acquisitions (M&A) decisions. However, …
antoine-dubus
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1 min read
The Value Principle in Management Practices
The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and …
Come together: Firm boundaries and delegation
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 …
laura-alfaro
Task Discretion, Labor-market Frictions, and Entrepreneurship
An agent can perform a job in several ways, which we call tasks. Choosing agents tasks is the prerogative of management within firms, and of agents themselves if they are …
andrea-canidio
Prescription opioids and economic hardship in France: I. Natali et al.
ilaria-natali
Demand-driven integration and divorcement policy
Audit Competition in Insurance Oligopolies.
We provide a simple framework for analyzing how competition affects the choice of audit structures in an oligopolistic insurance industry. When the degree of competition increases, …
nicolas-boccard
Industrial policy and competition: Evidence from China
Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2007, we show that industrial policies allocated to competitive sectors or that foster …
philippe-aghion
Smithian growth through creative organization
Contracts, ownership, and industrial organization: Past and future