CHAPTER 1: Discrete Choice Models With Local Interactions: A Game Theoretical ApproachConsider observations from a single equilibrium of a local interaction game in which each player, a firm, has a finite number of actions (discrete choice) and is subject to interactions that are localfor...

The analysis of auctions is an active area of research for both theoretical and empirical economists. Concentrating on a particular auction format, namely the First--Price Sealed--Bid auction, this dissertation contributes to the analysis of auction both from a methodological viewpoint and from...

In the past decade, the stakeholder approach has gained much acceptance among academics and practitioners. Noticeably, there has been little consideration of the motivations and processes used by businesses to avoid or neglect stakeholder power and pressures. This is all the more remarkable in...

Purpose – This paper aims to explore how multinational corporations (MNCs) may operate in the context of a so-called emergent institution which is not yet settled and taken for granted, thus helping to shape a new form of governance with considerable private involvement. The case used to...

Climate change is one of the environmental issues that has increasingly attracted business attention in the course of the 1990s. While public and policy interest started already in the late 1980s, leading to a first international agreement at the Rio-conference in 1992, the main driver for...

The international debate on addressing global climate change increasingly points to the role that companies can play by using their innovative capacity. However, up till now companies have been rather cautious in taking decisive steps in facilitating an innovation-based transition towards a...

Climate change has become an important topic on the business agenda with strong pressure being placed on companies to respond and contribute to finding solutions to this urgent problem. This text provides a comprehensive analysis of international business responses to global climate change and...

Climate change is seen as the most pressing environmental problem of our time by manycompanies, policymakers and other stakeholders. It is currently also at the forefront ofattention in view of attempts to conclude a successor to the Kyoto Protocol that expires in2012. In bail-out plans and...

In the absence of sufficient support for the Kyoto Protocol, the international policy arena on climate change is far removed from being a 'level playing field'. Companies thus face much uncertainty about the competitive effects of the Protocol and (upcoming) regulatory measures. This means that...

Endogeneity and misspecification of models are two main concerns in structural estimation, which usually involves the optimal choices of economic agents with unobservable characteristics. In estimating production functions, input variables are endogenous because input decisions depend on...