Showing 1 - 10 of 44
Using a longitudinal case study approach this study examines the approaches to international industrial relations (IIR) in eleven Chinese multinational corporations MNCs. It reveals that the Chinese MNCs adopted an integrative approach to IIR, combining both the home and host country industrial...
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Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is lt;igt;Storable...
Persistent link: https://www.econbiz.de/10012759195
We examine the cardinal gap between wage distributions of the incumbents and newly hired workers based on entropic distances that are well-defined welfare theoretic measures. Decomposition of several effects is achieved by identifying several counterfactual distributions of different groups....
Persistent link: https://www.econbiz.de/10011310193
To study coordination in complex social systems such as financial markets, the authors introduce a new prediction market set -up that accounts for fundamental uncertainty. Nonetheless, the market is designed so that its total value is known, and thus its rationality can be evaluated. In two...
Persistent link: https://www.econbiz.de/10012001946
A vast literature investigating behavioural underpinnings of financial bubbles and crashes relies on laboratory experiments. However, it is not yet clear how findings generated in a highly artificial environment relate to the human behaviour in the wild. It is of concern that the laboratory...
Persistent link: https://www.econbiz.de/10012001947
To study coordination in complex social systems such as financial markets, the authors introduce a new prediction market set-up that accounts for fundamental uncertainty. Nonetheless, the market is designed so that its total value is known, and thus its rationality can be evaluated. In two...
Persistent link: https://www.econbiz.de/10012233309
We examine the cardinal gap between wage distributions of the incumbents and newly hired workers based on entropic distances that are well-defined welfare theoretic measures. Decomposition of several effects is achieved by identifying several counterfactual distributions of different groups....
Persistent link: https://www.econbiz.de/10011115666
Based on the electrochemical and thermal model, a coupled electro-thermal runaway model was developed and implemented using finite element methods. The thermal decomposition reactions when the battery temperature exceeds the material decomposition temperature were embedded into the model. The...
Persistent link: https://www.econbiz.de/10011119914