Considering the mismatch in supply of and demand for industrial process wastes, we investigate when interfirm waste utilisation can be both economically environmentally superior to no utilisation. The Nash bargaining approach is employed resolve incentive misalignment problem. Our analysis suggests that conversion strategy changes from over-conversion, full conversion, then partial with increas...

In this study, we investigate interfirm networks by employing a unique dataset containing information on more than 800,000 Japanese firms, about half of all corporate firms currently operating in Japan. First, we find that the number of relationships, measured by the indegree, has a fat tail distribution, implying that there exist “hub” firms with a large number of relationships. Moreover, the ...

We study interfirm price competition in the presence of horizontal and vertical intrafirm conflicts in each firm. Intrafirm conflicts are captured by a principal-agent framework with firms employing more than one agent and implementing a tournament incentive scheme. The principals offer premium incentives in the sense of revenue shares to which agents react by proposing a sales price. Introduci...