Showing 121 - 130 of 211
Persistent link: https://www.econbiz.de/10010891022
The duration of appellate court proceedings is an important determinant of the efficiency of a court system. We use data of 234 firm groups that participated in 63 cartels convicted by the European Commission between 2000 and 2012 to investigate the determinants of the duration of the subsequent...
Persistent link: https://www.econbiz.de/10010894334
This paper investigates a subject of huge importance in the field of project management: conflict management in interorganizational projects. In response to the limits of prior studies, we propose to develop an integrative analysis that combines the types of conflict, the multi-stakeholders, and...
Persistent link: https://www.econbiz.de/10010894335
The paper focuses on Arrow statistical discrimination theories and Schelling’s models of segregation, and how their work can be considered as an illustration of “the introduction of the same policy tools [as war game theory] into domestic politics in Lyndon B. Johnson’s Great Society...
Persistent link: https://www.econbiz.de/10010784864
This study focuses on the use of non-GAAP by French companies (CAC 40) and its impact on the stock market controlling for corporate governance. Our main results are as follows. First, we find a complementary effect between residual earnings and non- GAAP for market valuation. Second, in the...
Persistent link: https://www.econbiz.de/10010790023
We build an agent-based model to study how the interplay between low- and high- frequency trading affects asset price dynamics. Our main goal is to investigate whether high-frequency trading exacerbates market volatility and generates flash crashes. In the model, low-frequency agents adopt...
Persistent link: https://www.econbiz.de/10010860424
Alors qu'une part importante de la littérature sur les entreprises à internationalisation rapide et précoce (EIRP) souligne l'importance des réseaux sociaux dans leur dynamique, très peu nous est dit sur les compétences relationnelles mobilisées par ces entreprises pour initier,...
Persistent link: https://www.econbiz.de/10010860425
The paper purports to stress how the two major contributions of Bacharach: "Variable Frame Theory" (VFT) and "Team Reasoning" (TR) improve Standard Non-Cooperative Game Theory in some relevant aspects which I point out. The aims are to show: (i) how Bacharach respectively justifies coordination...
Persistent link: https://www.econbiz.de/10010860426
This paper applies a social learning model to the optimal consumption rule of Allen & Carroll (2001), and delivers convincing convergence dynamics towards the optimal rule. These findings constitute a significant improvement regarding previous results in the literature, both in terms of speed of...
Persistent link: https://www.econbiz.de/10010860427
The widespread evidence of multiple bank lending relationships in credit markets suggests that firms are interested in setting up a diversity of banking links. However, it is hard to know from the empirical data whether a firm's observed number of lenders is symptomatic of financial constraints...
Persistent link: https://www.econbiz.de/10010860428