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dc.contributor.authorKräkel, Matthiasen
dc.date.accessioned2010-04-09-
dc.date.accessioned2010-08-17T12:28:41Z-
dc.date.available2010-08-17T12:28:41Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/38812-
dc.description.abstractWhen a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end (shutdown contest). On the other hand, the firm can use given information on the plants' productivities and close the least productive unit. This paper analyzes the selection and incentive properties of both alternatives. Multi-plant firms often operate in an international industry. Hence, in a second step we discuss the effects of governmental support for domestic plants on selection efficiency.en
dc.language.isoengen
dc.publisher|aUniversity of Bonn, Bonn Graduate School of Economics (BGSE) |cBonnen
dc.relation.ispartofseries|aBonn Econ Discussion Papers |x03/2010en
dc.subject.jelD21en
dc.subject.jelD61en
dc.subject.jelF23en
dc.subject.jelF51en
dc.subject.jelJ65en
dc.subject.ddc330en
dc.subject.keywordauctionen
dc.subject.keywordcollective tournamenten
dc.subject.keywordplant closingen
dc.subject.keywordgovernmental interventionen
dc.subject.stwProduktionsanlageen
dc.subject.stwLiquidationen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwExtensives Spielen
dc.subject.stwWirtschaftsförderungen
dc.subject.stwAuktionen
dc.subject.stwStandortwettbewerben
dc.subject.stwTheorieen
dc.titleShutdown Contests in Multi-Plant Firms and Governmental Intervention-
dc.type|aWorking Paperen
dc.identifier.ppn623315505en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bonedp:032010-

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