All Rights Reserved. This hybrid form is generally more efficient than vertical integration because, in the Spanish institutional environment, it lessens serious moral hazard problems, related mainly to the use of the vehicles, and makes it possible to reach economies of scale and density. SSRN Resources To search for other abstracts in the SSRN archival database, click here. To obtain your free copy, click on the Acrobat button.

We show that the huge number of owneroperators working in the industry hides much less fragmented reality. Universitat Pompeu Fabra Economics WP No. Key words holdup, hybrids, institutions, moral hazard, vertical integration, trucking industry.. To order membership to an SSRN Network or to subscribe to one or more of SSRNs journals, go to our online subscription request form.

Finally, an international comparison hints that institutional constraints are able to explain differences in the evolution of vertical integration across countries. Available at SSRN or DOI10. 2139ssrn. 108108 Export in BibTeXEndNoteRefManExport Whats this? Contact Information for MANUEL GONZLEZ DAZ Universidad de Oviedo Facultad de Economicas Campus del Cristo, sn Oviedo Asturias Spain SSRN Electronic Paper Collection Download the document from Social Science Research Network Chicago GSB European Corporate Governance Institute Korea University Stanford Law School Email Abstract orFull Text Paper Add toMy Briefcase If you are experiencing download difficulties, click here. of those owneroperators are ?quasiintegrated?

Are you still having problems or need additional help? Contact us at SupportSSRN. Com. Format Type Number of Downloads DatePosted File Size File name Acrobat File 31, 341K The latest version of Adobe Acrobat Reader or Adobe Acrobat is required to view this paper. Social Science Electronic Publishing, Inc. This hybrid form is generally more efficient than vertical integration because, in the Spanish institutional environment, it lessens serious moral hazard problems, related mainly to the use of the vehicles, and makes it possible to reach economies of scale and density.

To obtain your free copy, click on the Acrobat button. Finally, an international comparison hints that institutional constraints are able to explain differences in the evolution of vertical integration across countries. To go to SSRNs main web site www. ssrn. com, click here. Terms of Use This page was served by apollo4 in seconds. Abstract This work studies the organization of lessthantruckload trucking from contractual point of view. We show that the huge number of owneroperators working in the industry hides much less fragmented reality.