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Journal of International Economic Studies >

このアイテムの引用には次の識別子を使用してください: http://hdl.handle.net/10114/7051

タイトル: A Comparative Theory of Non-Integration, Integration, and the Decentralized Firm
著者: Suzuki, Yutaka
キーワード: Non-Integration
Integration
Decentralized Firm
Private Benefit
Internalization of Externalities
発行日: 2011-3
出版者: The Institute of Comparative Economic Studies, Hosei University
抄録: We present a comparative theory of “Non-Integrated”, “Integrated”, and “Decentralized” firms, and study the optimal scope of a firm and the assignment of different types of man-agers to different types of firms, in an IO setting with R&D and production activities. “Non-integrated firms” fail to take into account the externalities that managers’ decisions have on other firms. While an “integrated firm” internalizes these externalities, it does not take into consideration the “private benefits” of managers. The “decentralized firm” works as a hybrid of these two structures. We also interpret our model from the viewpoint of the allocation of formal authority, and uncover some interesting economic implications.
URI: http://hdl.handle.net/10114/7051
ISSN: 09111247
出現コレクション:Journal of International Economic Studies

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