Showing 1 - 10 of 355
This study explores the micro-level of making economic decisions, focusing on processes and causal relationships using which individuals (agents) take into account each other’s activities. A central concept employed herein is the Shared Mental Model (SMM) used by participants of joint activity...
Persistent link: https://www.econbiz.de/10015213456
Оливър Уилямсън е роден в град Сюпириър, щата Уисконсин в 1932 в семейство на учители. След като завършва инженерни науки с бакалавърска степен по мениджмънт в...
Persistent link: https://www.econbiz.de/10015213524
Consider a government and a non-governmental organization (NGO) who can collaborate to provide a public good using physical assets. Who should be the owner of the assets if the NGO can make non-contractible investments? In the literature it has been argued that whoever has a larger valuation of...
Persistent link: https://www.econbiz.de/10015213665
Sub-Saharan Africa (SSA) accounts for a third of the countries on the Financial Action Task Force (FATF) grey list. In the Money Laundering and Terrorist Financing (ML/TF) Ranking and Risk Assessment Tool, the region performed poorly in terms of resilience to ML/TF, with more than 60% of...
Persistent link: https://www.econbiz.de/10015213679
Sub-Saharan Africa (SSA) accounts for a third of the countries on the Financial Action Task Force (FATF) grey list. In the Money Laundering and Terrorist Financing (ML/TF) Ranking and Risk Assessment Tool, the region performed poorly in terms of resilience to ML/TF, with more than 60% of...
Persistent link: https://www.econbiz.de/10015213680
Applying the conservation of resources theory and the self-efficacy theory, this study investigates the relationship between supervisor incivility, self-efficacy, cynicism and the job embeddedness of employees in the hotel industry. The role of self-efficacy, as an important variable that...
Persistent link: https://www.econbiz.de/10015213957
The paper pursues the goal: at a specific object of observation, the scientific school of the regional agrarian university, to consider the prospects in the context of responding to the challenges of the time, characterized by turbulence of world economic relations. Working hypothesis: based on...
Persistent link: https://www.econbiz.de/10015214282
In this paper it is demonstrated that voluntary bargaining over a collective decision under asymmetric information may well lead to ex post efficiency if the default decision is non-trivial. It is argued that the default decision may be interpreted as a 'simple' contract that the parties have...
Persistent link: https://www.econbiz.de/10015215146
A buyer and a seller can exchange one unit of an indivisible good. While producing the good, the seller can exert unobservable effort (hidden action). Then the buyer realizes whether his valuation is high or low, which stochastically depends upon the seller's effort level (hidden information)....
Persistent link: https://www.econbiz.de/10015215147
When two parties invest in human capital and at the same time decide on know-how disclosure it can be shown that joint ownership with veto power is the optimal ownership structure, given that only incomplete contracts can be written.
Persistent link: https://www.econbiz.de/10015215149