Showing 1 - 10 of 10
In this paper we offer an alternative framework for examining why risk matters in the decisions of economic agents, and how the agent's risk attitude affects his decisions. This 'Threshold Theory' framework is based on a real options approach and the observation that in many situations an agent...
Persistent link: https://www.econbiz.de/10012011827
In this paper we offer an alternative framework for examining why risk matters in the decisions of economic agents, and how the agent’s risk attitude affects his decisions. This “Threshold Theory” framework is based on a real options approach and the observation that in many situations an...
Persistent link: https://www.econbiz.de/10011900005
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the Savings Group Outreach involvement is particularly low, but also illustrates ways and means whereby group lending and other more...
Persistent link: https://www.econbiz.de/10011259552
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the Savings Group Outreach involvement is particularly low, but also illustrates ways and means whereby group lending and other more...
Persistent link: https://www.econbiz.de/10011260028
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the Savings Group Outreach involvement is particularly low, but also illustrates ways and means whereby group lending and other more...
Persistent link: https://www.econbiz.de/10011260320
An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper. Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit...
Persistent link: https://www.econbiz.de/10011260333
An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper. Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit...
Persistent link: https://www.econbiz.de/10011261110
tools for economic regulation. DEA is now routinely used by European regulators to set reasonable revenue caps for energy … transmission and distribution system operators. The application of benchmarking in regulation, however, requires specific steps in … review the modern foundations for frontier-based regulation and we discuss its actual use in several jurisdictions. …
Persistent link: https://www.econbiz.de/10010927677
Recent corporate scandals and subsequent regulatory actions have heightened both the academic communities and the public's interest in corporate governance issues. Academics have long argued that voting rights constitute a critical component of a system of corporate governance. We provide...
Persistent link: https://www.econbiz.de/10005574658
This paper argues that current widespread characterizations of EU governance as multi-level and networked overlook the emergent architecture of the Union’s public rule making. In this architecture, framework goals (such as full employment, social inclusion, “good water status”, a unified...
Persistent link: https://www.econbiz.de/10005553213