Showing 1 - 10 of 1,173
the presence of information asymmetry between the State and the university. The State, through taxation is responsible for … funding education. We show that presence of asymmetric information between the state and a representative university generates … a sub-optimal allocation. Indeed, the situation of private information on all relevant variables naturally creates a …
Persistent link: https://www.econbiz.de/10011108454
information. Following an exchange motive altruistic parents receive services from their children, who may make them financial …
Persistent link: https://www.econbiz.de/10011108823
The aim of this paper is to interpret the relationships between information networks and the civil wars (Colombia … paramilitaries were preparing each slaughter counting information previously learned between the inhabitants of the town. For these … reasons, it is shown that information is a key phenomenon to understand civil wars. Moreover, as demonstrated in this work is …
Persistent link: https://www.econbiz.de/10011109031
We consider the role of asymmetric information on the emergenceof collusion between criminals and enforcers, in the …
Persistent link: https://www.econbiz.de/10011257930
This paper examines the influence of government transparency on changing views regarding nuclear energy before and after Japan’s natural and nuclear disaster of 2011. Individual level data were used, covering 45 countries and containing 27,423 observations. It was observed in the majority of...
Persistent link: https://www.econbiz.de/10011259284
The monetary unit assumption of financial accounting assumes a stable currency (i.e., constant purchasing power over time). Yet, even during periods of low inflation or deflation, nominal financial statements violate this assumption. I posit that, while the effects of inflation are not...
Persistent link: https://www.econbiz.de/10011114513
Abstract It would be of great benefit if management could predict the huge profits that would result from modest investments in process improvement initiatives such as Lean, Six Sigma and Complexity reduction. While the application of these initiatives was initially restricted to manufacturing,...
Persistent link: https://www.econbiz.de/10005619319
. Under perfect information, sufficiently high heterogeneity yields a unique equilibrium, and the unit price is increasing in … heterogeneity. Under incomplete information, we have a global game. The unit price is independent of heterogeneity, and it tends to … be higher than the perfect information price, because the monopoly biases its tariff structure to incorporate the …
Persistent link: https://www.econbiz.de/10005789554
A teacher needs, as an economic analyst, to use indicators that give her accurate information about the classes. This …
Persistent link: https://www.econbiz.de/10005789945
The aim of this paper is to interpret the relationships between information networks and the civil wars (Colombia … paramilitaries were preparing each slaughter counting information previously learned between the inhabitants of the town. For these … reasons, it is shown that information is a key phenomenon to understand civil wars. Moreover, as demonstrated in this work is …
Persistent link: https://www.econbiz.de/10008529261