Arbeitspapier
Make-or-buy decisions and the manipulability of performance measures
The make-or-buy decision is analyzed in a simple framework combining contractual incompleteness with the existence of imperfect but contractible performance measures. 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 main result is that the impact – or "externality" – of manipulation on true performance is key; a positive (negative) such externality favors make (buy).
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 2009:16
- Klassifikation
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Wirtschaft
Organizational Behavior; Transaction Costs; Property Rights
Firm Organization and Market Structure
Contracting Out; Joint Ventures; Technology Licensing
- Thema
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make-or-buy decision
manipulation
outsourcing
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andersson, Fredrik N. G.
- Ereignis
-
Veröffentlichung
- (wer)
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Lund University, School of Economics and Management, Department of Economics
- (wo)
-
Lund
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Andersson, Fredrik N. G.
- Lund University, School of Economics and Management, Department of Economics
Entstanden
- 2009