Dundee Discussion Papers in Economics 197:'Make-or-buy' in international oligopoly and the role of competitive pressure

We study how competitive pressure influences the make-or-buy decision that oligopolistic firms face between producing an intermediate component in-house or purchasing it from a domestic supplier. We model outsourcing as a bilateral relationship in which the supplier undertakes relationship-specific investments. A home and foreign firm compete in the home market. Firms’ mode of operation decision depends on cost and strategic considerations. Competitive pressure increases firms’ incentive to outsource. Consumer gains from trade liberalisation are enhanced when it leads to less outsourcing

Multi-photon corrections to W boson mass determination at hadron colliders

The impact of higher-order final-state photonic corrections on the precise determination of the W-boson mass at the Tevatron and LHC colliders is evaluated. The W-mass shift from a fit to the transverse mass distribution is found to be about 10 MeV in the W --> mu nu channel and a few MeV in the W --> e nu channel. The calculation, which is implemented in the Monte Carlo event generator HORACE for data analysis, can contribute to reduce the uncertainty associated to the W mass measurement at present and future hadron collider experiments.Comment: 3 pages, 2 figures, to appear in the proceedings of International Europhysics Conference on High-Energy Physics (EPS 2003), Aachen, Germany, 17-23 Jul 200

Status and accuracy of the Monte Carlo generators for luminosity measurements

The status and accuracy of the precision Monte Carlo generators used for luminosity measurements at flavour factories is reviewed. It is shown that, thanks to a considerable, long-term effort in tuned comparisons between the predictions of independent programs, as well as in the validation of the generators against the presently available calculations of the next-to-next-to-leading order QED corrections to Bhabha scattering, the theoretical accuracy reached by the most precise tools is of about one per mille. This error estimate is valid for realistic experimental cuts, appears to be quite robust and is already sufficient for very accurate luminosity measurements. However, recent progress and possible advances to further improve it are also discussed.Comment: 6 pages, 1 table. Proceedings of the PhiPsi09 workshop, Oct. 13-16, 2009, Beijing, Chin

Matrix elements and Parton Shower in the event generator BABAYAGA

A new version of the event generator BABAYAGA is presented, which is based on an original matching of the Parton Shower approach with the complete exact O(alpha) matrix element for the inclusion of the QED radiative corrections to the Bhabha process at flavour factories. The theoretical accuracy of the improved generator is conservatively estimated to be 0.2%, by comparison with independent calculations. The generator is a useful tool for precise luminosity determination at flavour factories, for center of mass energies below 10 GeV.Comment: 4 pages, 2 figures. To appear in the proceedings of the International Workshop e+ e- Collisions from phi to psi, Novosibirsk (Russia), 27 Feb - 2 Mar 200

Comparisons of the Monte Carlo programs HORACE and WINHAC for single-W-boson production at hadron colliders

We present the comparisons of two independent Monte Carlo event generators, HORACE and WINHAC, for single-W-boson production in hadronic collisions with multiphoton effects in leptonic W decays. These comparisons were performed first at the parton level with fixed quark-beams energy, and then at the hadron level for proton-proton collisions at the LHC. In general, a good agreement between the two programs has been found. Possible sources of differences in some of the presented results are discussed. We also present and discuss the effects of including non-zero quark masses for the main single-W-boson observables at the LHC.Comment: 32 pages, 40 PostScript figure