Meny

Javascript verkar inte påslaget? - Vissa delar av Lunds universitets webbplats fungerar inte optimalt utan javascript, kontrollera din webbläsares inställningar.
Du är här

Make-or-buy decisions and the manipulability of performance measures

Författare:
Publiceringsår: 2009
Språk: Engelska
Sidor:
Dokumenttyp: Working paper
Förlag: Department of Economics, Lund Universtiy

Sammanfattning

Abstract in Undetermined

The make-or-buy decision is analyzed in a simple framework combining contractual incompleteness with the existence of an imperfect but contractible performance measure. Contractual incompleteness gives rise to two regimes, identified with make and buy. The performance measure on which comprehensive contracts can be written is imperfect in the sense of being subject to manipulation. The performance incentives faced by the agent are stronger in the “buy” regime. A positive (negative) impact – or ”externality” – of manipulation on true performance favors make (buy).

Nyckelord

  • Economics
  • make-or-buy decision
  • manipulation
  • outsourcing

Övriga

Published

Box 117, 221 00 LUND
Telefon 046-222 00 00 (växel)
Telefax 046-222 47 20
lu [at] lu.se

Fakturaadress: Box 188, 221 00 LUND
Organisationsnummer: 202100-3211
Om webbplatsen