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Behavioral decision theory and the negotiation process; effects of agenda and frame

Bontempo, Robert Nathaniel - 1990

Prospect Theory) by fitting utility functions to negotiation behavior observed in a laboratory setting. In addition to … strongly suggest that the Prospect Theory value function provides the best prediction of actual negotiation behavior. Results …

Persistent link: https://www.econbiz.de/10009477775

An investment center vs. a profit center: Capital investment under informational asymmetry

Chung, Moon-Chong - 1992

The choice problem between a profit and an investment center revolves around whether it is desirable to delegate investment decision responsibility to a divisional manager who is better informed about the investment opportunities of the division. We show that an accounting performance measure...

Persistent link: https://www.econbiz.de/10009477820

A theoretical investigation of mandatory auditor reports on internal control structures

Nekrasz, Frank - 1993

Recently, the call for external auditor reports on client internal control structures has come from many fronts (i.e., Public Oversight Board, GAO, FDIC, etc.). The parties calling for these auditor reports typically assert that these auditor reports will serve to reduce management fraud. Before...

Persistent link: https://www.econbiz.de/10009477885

Optimal contracting with predecision information: Communication problems under pure asymmetry of information

Lee, Jong-Cheon - 1989

The purpose of this dissertation is to extend the communication model to a situation where the agent searches for pre-decision information with effort in his own self-interest. We first introduce the agency model that involves the agent's information-searching behavior, the choice of information...

Persistent link: https://www.econbiz.de/10009484434

Speculative bubbles and tests of the contagion mechanism in financial markets.

Porras Gonzalez, Eva Raquel. - Florida Atlantic University

This dissertation extends previous research on bubbles by investigating whether changes in the financial asset prices of the S&P500 reflect changes in fundamentals. We propose that if this is not the case the volatility is due to a bubble. Hence, this is the general hypothesis from which several...

Persistent link: https://www.econbiz.de/10009431432

A macroeconomic factor test of the arbitrage pricing theory

Dukas, Stephen Peter

Arbitrage Pricing Theory. These derived macroeconomic factors (exogenous variables) were estimated by applying Principal …The Arbitrage Pricing Theory was tested over the three periods 1972-1987, 1972-1979, and 1980-1987. The results of … these tests were consistent with the Arbitrage Pricing Theory over the subperiods 1972-1979 and 1980-1987, and less …

Persistent link: https://www.econbiz.de/10009431544

The role of international marketing channels in economic development: A structural analysis of the effects of exporting and importing on economic level and basic needs.

Mullen, Michael R. - The University of North Carolina at Chapel Hill

International marketing is growing in volume and importance for firms. Consequently, the impact of international marketing on society has also taken on additional importance. Distribution through international marketing channels, often referred to as exporting and importing, is the most...

Persistent link: https://www.econbiz.de/10009431626