Firms' Objectives and Internal Organisation in a Global Economy: Positive and Normative Analysis (Central Issues in Contemporary Economic Theory and Policy)

"The interplay between firms' internal organization and market behaviour is a long standing issue in industrial economics. This book examines firms' objectives in the comparatively new perspective shaped by globalization. The positive and normative aspects of theoretical analysis are developed and richly complemented by empirical studies"--Provided by publisher. Machine generated contents note: Preface L.LambertiniExistence and Uniqueness of Equilibrium in Labor-Managed Cournot Oligopoly K.OKuguchi& F.SzidarovszkyWage-Rise Contract and Cournot Competition with Labor-Managed Firms K.OhnishiPrice Setting is Popular among Firms: Will it Persist in Vertical Relationships with Market Uncertainty? G.RossiniContagious 'Social Market Enterprises': The Role of Fair Traders L.Becchetti& G.GianfredaShould One Sell Domestic Firms to Foreign Ones? A Tale of Delegation, Acquisition and Collusion D.DragoneTo Make-or-But Choice in a Mixed Oligopoly: A Theoretical Investigation; R.Cellini& L.LambertiniEntrepreneurs' Behaviour and Performance: An Empirical Analysis on Italian Firms F.Oropallo& S.RossettiFirms' International Status and Heterogeneity in Performance: Evidence from Italy L.Casaburi, V.Gattai& G.A.MinervaVertical Specialisation in Europe: Evidence from the Import Content of Exports E.Breda, R.Cappariello& R.Zizza Preface L.LambertiniExistence and Uniqueness of Equilibrium in Labor-Managed Cournot Oligopoly K.OKuguchi& F.SzidarovszkyWage-Rise Contract and Cournot Competition with Labor-Managed Firms K.OhnishiPrice Setting is Popular among Firms: Will it Persist in Vertical Relationships with Market Uncertainty? G.RossiniContagious 'Social Market Enterprises': The Role of Fair Traders L.Becchetti& G.GianfredaShould One Sell Domestic Firms to Foreign Ones? A Tale of Delegation, Acquisition and Collusion D.DragoneTo Make-or-But Choice in a Mixed Oligopoly: A Theoretical Investigation; R.Cellini& L.LambertiniEntrepreneurs' Behaviour and Performance: An Empirical Analysis on Italian Firms F.Oropallo& S.RossettiFirms' International Status and Heterogeneity in Performance: Evidence from Italy L.Casaburi, V.Gattai& G.A.MinervaVertical Specialisation in Europe: Evidence from the Import Content of Exports E.Breda, R.Cappariello& R.Zizza. The interplay between firms' internal organization and market behaviour is a long standing issue in industrial economics. This book examines firms' objectives in the comparatively new perspective shaped by globalization. The positive and normative aspects of theoretical analysis are developed and richly complemented by empirical studies. Understanding how firms and national economic systems respond to globalization is one of the most urgent and demanding tasks listed in the current agenda of researchers and policy makers. The papers presented in this volume tackle the theme of defining firms' objectives in this comparatively new perspective. This collection of original studies illuminates the links between the internal structure of firms, their incentives, and their performance. This volume presents theoretical and empirical papers investigating crucial aspects of firm's structure and strategies, such as cross-border mergers, outsourcing, innovation and the maximization of non-profit objectives, in connection with the new challenges posed by globalization. This book is indispensable reading for all interested in trade theory and policy, and development economics Existence and uniqueness of equilibrium in labor-managed Cournot oligopoly / Koji Okuguchi, Ferenc Szidarovszky Wage-rise contract and Cournot competition with labor-managed firms / Kazuhiro Ohnishi Price setting is popular among firms : will it persist in vertical relationships with market uncertainty / Gianpaolo Rossini Contagious "social market enterprises" : the role of fair traders / Leonardo Becchetti, Giuseppina Gianfreda Should one sell domestic firms to foreign ones? A tale of delegation, acquisition and collusion / Davide Dragone The make-or-buy choice in a mixed oligopoly : a theoretical investigation / Roberto Cellini, Luca Lambertini Entrepreneurs' behaviour and performance : an empirical analysis on Italian firms / Filippo Oropallo, Stefania Rossetti Firms' international status and heterogeneity in performance : evidence from Italy / Lorenzo Casaburi, Valeria Gattai, G. Alfredo Minerva Vertical specialisation in Europe : evidence from the import content of exports / Emanuele Breda, Rita Cappariello, Roberta Zizza.