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corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …
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climate conditions, geographical isolation and rich natural resources reserves. Northern investment risks in human capital … formation are proposed in the paper, as an indicator of investment conditions, which can be employed to improve policy of human … development in the northern regions of Russia. Northern investment risks encompass uncertainties associated with extreme northern …
Persistent link: https://www.econbiz.de/10011499452
Some consumption opportunities, e.g. medical treatments, are both indivisible and only valuable in particular states of nature. The existence of such state-dependent indivisible consumption opportunities influences a person's risk attitudes. In general, people are not risk averse anymore even if...
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Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011491961
I use game-theoretical models to compare a sender's expected payoff under two methods of wielding influence under incomplete information: offering rewards or threatening punishments. Attempts to influence another's behaviour can have the perverse effect of actually encouraging the behaviour that...
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I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations …
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