Economica

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Being Independent is a Great Thing: Subjective Evaluations of Self‐Employment and Hierarchy
Economica - Tập 75 Số 298 - Trang 362-383 - 2008
Matthias Benz, Bruno S. Frey
One can be independent, or one can be subject to decisions made by others. This paper argues that this difference, embodied in the institutional distinction between the decision‐making procedures ‘market’ and ‘hierarchy’, affects individual wellbeing beyond outcomes. Taking self‐employment as an important case of independence, it is shown that the self‐employed derive higher satisfaction from work than those employed in organizations, irrespective of income gained or hours worked. This is evidence for procedural utility: people value not only outcomes, but also the processes leading to outcomes.
International Corporations: The Industrial Economics of Foreign Investment
Economica - Tập 38 Số 149 - Trang 1 - 1971
Richard E. Caves
Multinational Firms, Competition, and Productivity in Host-Country Markets
Economica - Tập 41 Số 162 - Trang 176 - 1974
Richard E. Caves
Bilateral Monopoly, Successive Monopoly, and Vertical Integration
Economica - Tập 27 Số 106 - Trang 101 - 1960
Fritz Machlup, Martha V. Taber
The Race to the Bottom, from the Bottom
Economica - Tập 73 Số 290 - Trang 193-228 - 2006
Nancy H. Chau, Ravi Kanbur
The dominant perspective in discussions of labour and environmental standards and globalization is that of North–South competition and its impact on Northern standards. This paper presents an alternative perspective, that of South–South competition to export to the North and its impact on Southern standards. It develops a simple model of Southern competition, and demonstrates that whether a Southern race to the bottom is possible depends intricately on the Northern demand curve, the size of large exporters relative to each other and the relative size of the competitive fringe of small exporters. The possibility that Northern trade protectionism may undermine Southern standards is also examined.
Detrimental Externalities and Non-Convexity of the Production Set
Economica - Tập 39 Số 154 - Trang 160 - 1972
William J. Baumöl, David F. Bradford
The Nature of the Firm
Economica - Tập 4 Số 16 - Trang 386-405 - 1937
Ronald H. Coase
Tổng số: 7   
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