The reversibility of sequential economic choices concerning production and consumption is addressed. A geometric approach to substitution effects and output/income effects is set forth in terms of vector fields on bundle space. By means of suitable fixing relations the 0-homogeneity of such...

In this paper, a consistent picture of the multifaceted mechanism of a hostile leveraged takeover is provided. The analysis points out two basic issues. The first is the financial problem caused by the leveraged acquisition, which calls for detailed strategic planning in order to ascertain the...