Similar Search Results

The Widening Canada-US Productivity Gap in Manufaturing

Bernstein, Jeffrey I.; Harris, Richard G.; Sharpe, Andrew - In: International Productivity Monitor 5 (2002) Fall, pp. 3-22

In this article, Jeffrey I. Bernstein of Carleton University, Richard G. Harris from Simon Fraser University, and Andrew Sharpe from the Centre for the Study of Living Standards provide a comprehensive analysis of the widening of the Canada-US manufacturing productivity gap. Since 1994, labour...

Persistent link: https://www.econbiz.de/10005518970

Real Options, Preemption, and the Dynamics of Industry Investments

Boyer, Marcel; Lasserre, Pierre; Mariotti, Thomas; … - Centre Interuniversitaire de Recherche en Analyse des … - 2001

-time real-options model of capacity investment. Our methodology allows the evaluation of investment options and exercise rules … capacity units are costly, indivisible, durable, and big relative to market size, early entry cannot secure a first …-mover advantage, so that both firms are active beyond some level of market development. Once both firms hold capacity, tacit collusion …

Persistent link: https://www.econbiz.de/10005100881

A Radon-Nikodym approach to measure information

Rébillé, Yann - HAL - 2010

We consider a decision maker facing uncertainty which behaves as a subjective expected utility maximizer. The value of information is traditionnaly captured as a greater expected utility the decision maker can achieve by selecting a best strategy as information arrives. We deal with the limit...

Persistent link: https://www.econbiz.de/10008793581