Evolutionary Equilibria in Capital Tax Competition with Imitative LearningSpringer Science and Business Media LLC - Tập 9 - Trang S1-S23 - 2015
Hiroyuki Sano
This paper presents an alternative model where each decision maker takes an economy-wide net return to capital parametrically even in tax competition among finite nonatomistic jurisdictions. To this end, we examine a long-run equilibrium of a tax competition game adopting an evolutionary game-theoretic approach. We find that a unique evolutionarily stable strategy coincides with the strategy consi...... hiện toàn bộ
Architecture-Based Comparative Advantage — A Design Information View of ManufacturingSpringer Science and Business Media LLC - Tập 4 - Trang 55-112 - 2015
Takahiro Fujimoto
This paper explores basic concepts of architecture-based comparative advantage, based on a hypothesis that dynamic fit between organizational capability in manufacturing and productprocess architecture tends to result in international competitive advantage of an industry. First, the paper discusses elements of this framework such as design-based approach to manufacturing (monozukuri in Japanese), ...... hiện toàn bộ
Financialization in JapanSpringer Science and Business Media LLC - Tập 17 - Trang 295-311 - 2020
Shigeyuki Hattori
Since the 1980s, neoliberal economic policies have promoted financialization throughout the global economy. While Japan has not been entirely unaffected by this phenomenon, its financialization is peculiar. It is certain that big businesses have been accumulating excess money, rather than reinvesting it, but financial institutions have not grown in terms of financial assets. Moreover, Japan’s fina...... hiện toàn bộ
An Economic Analysis of Architecture and Coordination: Applying Ricardian Comparative Advantage to Design Costs and LocationsSpringer Science and Business Media LLC - Tập 9 - Trang 51-124 - 2015
Takahiro Fujimoto
The present paper applies simple economic models to the issue of basic relationships between the choice of product architecture by customers and the choice of coordination mechanisms by firms. More specifically, an exploratory analysis will be attempted concerning how the products’ architecture is chosen, how does architecture affect products’ unit costs and functional performance, what kind of ef...... hiện toàn bộ
Trusting versus monitoring: an experiment of endogenous institutional choicesSpringer Science and Business Media LLC - Tập 16 - Trang 329-355 - 2019
Andrej Angelovski, Daniela Di Cagno, Daniela Grieco, Werner Güth
We investigate the problem of deciding between trusting and monitoring, and how this decision affects subsequent behavior, using a laboratory experiment where subjects choose between the Ultimatum and the Yes–No Game. Despite the similarity of the two games in Ultimatum Games responders monitor the allocation proposal, while in Yes–No games responders react without monitoring, i.e. have to rely on...... hiện toàn bộ