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Business, international

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On the competitive effects of price-matching policies

Article Abstract:

Price-matching and price-beating policies, which are generally viewed as anti-consumer since they are said to lead to supracompetitive prices, may in fact lead to fluctuations in equilibrium prices. The rise or fall of equilibrium prices due to price-matching or price-beating policies may be affected by the strategies of firms and the market's reaction to pricing strategies. Changes in conventional wisdom about price-matching and price-beating may lead to changes in the negative views presented in legal literature regarding the price.

Author: Corts, Kenneth S.
Publisher: Elsevier B.V.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 1997
Pricing Policy, Evaluation, Pricing, Price control, Price regulations

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Corruption in procurement and public purchase

Article Abstract:

The impact of corruption threat in procurement of public purchases is examined. The problems of both capture and extortion are studied and need for anti-corruption measures for procurement of public goods is discussed.

Author: Corts, Kenneth S.
Publisher: Elsevier B.V.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
Legal issues & crime, Government regulation (cont), France, Government regulation, Legal/Government Regulation, Economic aspects, Laws, regulations and rules, Control, Corruption, Government purchasing

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The interaction of task and asset allocation

Article Abstract:

Use of optimal linear incentive contract, the interplay of task and asset allocation in solving the multi-task problems that plague complex principal-agent relationships is analyzed.

Author: Corts, Kenneth S.
Publisher: Elsevier B.V.
Publication Name: International Journal of Industrial Organization
Subject: Business, international
ISSN: 0167-7187
Year: 2006
Canada, Management dynamics, Management-Delegation, Management, Usage, Company business management, Resource allocation, Mathematical optimization, Optimization theory, Delegation of authority, Multitasking, Multitasking (Computing), Concurrent programming

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