Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38812
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dc.contributor.authorKräkel, Matthiasen_US
dc.date.accessioned2010-04-09en_US
dc.date.accessioned2010-08-17T12:28:41Z-
dc.date.available2010-08-17T12:28:41Z-
dc.date.issued2010en_US
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' productivitis and close thelast 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_US
dc.language.isoengen_US
dc.publisher|aGraduate School of Economics |cBonnen_US
dc.relation.ispartofseries|aBonn econ discussion papers |x2010,3en_US
dc.subject.jelD21en_US
dc.subject.jelD61en_US
dc.subject.jelF23en_US
dc.subject.jelF51en_US
dc.subject.jelJ65en_US
dc.subject.ddc330en_US
dc.subject.keywordauctionen_US
dc.subject.keywordcollective tournamenten_US
dc.subject.keywordplant closingen_US
dc.subject.keywordgovernmental interventionen_US
dc.subject.stwProduktionsanlageen_US
dc.subject.stwLiquidationen_US
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwExtensives Spielen_US
dc.subject.stwWirtschaftsförderungen_US
dc.subject.stwAuktionen_US
dc.subject.stwStandortwettbewerben_US
dc.subject.stwTheorieen_US
dc.titleShutdown contests in multi-plant firms and governmental interventionen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn623315505en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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