The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Contractibility and Asset Ownership: On-Board Computers and Governance in U. S. Trucking
Abstract
We investigate how contractual incompleteness affects asset ownership in trucking by examining cross-sectional patterns in truck ownership and how truck ownership has changed with the diffusion of on-board computers (OBCs). We find that driver ownership of trucks is greater for long than short hauls, and when hauls require equipment for which demands are unidirectional rather than bidirectional. We then find that driver ownership decreases with OBC adoption, particularly for longer hauls. These results are consistent with the hypothesis that truck ownership reflects trade-offs between driving incentives and bargaining costs, and indicate that improvements in the contracting environment have led to less independent contracting and larger firms.
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Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
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Zhu, F., & Liu, Q. (2018) · Strategic Management Journal · doi:10.1002/smj.2932 · Cited by 546
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Aral, S., Brynjolfsson, E., & Wu, L. (2012) · Management Science · doi:10.1287/mnsc.1110.1460 · Cited by 365
Hoffman, M., Kahn, L. B., & Li, D. (2018) · The Quarterly Journal of Economics · doi:10.1093/qje/qjx042 · Cited by 261
Metadata
- Authors
- Baker, G. P., & Hubbard, T. N.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2004-11-01
- Volume
- 119
- Issue
- 4
- Pages
- 1443-1479
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W3124657223
- Cited by
- 321
- References
- 1
- FWCI
- 34.77
- Type
- journal article
- Language
- en
- Open access
- closed
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