Narrow search
Showing 1 - 10 of 102
Cover Image
Typology of stock market offenses in France: An analysis of sanctions by the AMF since 2006
Demerens, Frédéric; Najar, Dorra; Paré, Jean-Louis; … - HAL - 2013
This paper presents a study intended to demonstrate how the Financial Market Authority (AMF) in France uses its regulatory and sanctioning powers with regard to brokers, listed companies and other actors (individuals) in the financial industry during the period 2006-2011. The AMF actions are...
Persistent link: https://www.econbiz.de/10010775229
Cover Image
Missing trader fraud on the emissions market
Frunza, Marius-Cristian; Guegan, Dominique; Thiebaut, … - HAL - 2010
trader fraud on European carbon allowances markets. This fraud occurred mainly between the end of 2008 and the beginning of … 2009. In this paper, we explore the financial mechanisms of the fraud and the impact on the market behaviour as well as the …
Persistent link: https://www.econbiz.de/10010603689
Cover Image
Economic Analysis of Insurance Fraud
Picard, Pierre - HAL - 2012
We survey recent developments in the economic analysis of insurance fraud. The paper first sets out the two main … approaches to insurance fraud that have been developped in the literature, namely the costly state verification and the costly … be deterministic or random, and it can be conditioned on fraud signals perceived by insurers. Under costly state …
Persistent link: https://www.econbiz.de/10010821286
Cover Image
Withering academia?
Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2010
, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …
Persistent link: https://www.econbiz.de/10008672224
Cover Image
Corporate Governance for Crooks? The Case for Corporate Virtue
Osterloh, Margit; Frey, Bruno S. - Institut für Volkswirtschaftslehre, …
Corporate scandals are reflected in excessive top management compensation and fraudulent accounts. These scandals cause an enormous amount of damage, not only to the companies affected, but also to the market economy as a whole. As a solution, conventional wisdom suggests more monitoring and...
Persistent link: https://www.econbiz.de/10005760916
Cover Image
Effect of Uncertainty about Others' Rationality in Experimental Asset Markets: An Experimental Analysis
Akiyama, Eizo; Hanaki, Nobuyuki; Ishikawa, Ryuichiro - HAL - 2012
We investigate the extent to which price deviations from fundamental values in an experimental asset market are due to the uncertainty of subjects regarding others' rationality. We do so by comparing the price forecasts submitted by subjects in two market environments: (a) all six traders are...
Persistent link: https://www.econbiz.de/10010933826
Cover Image
It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market
Akiyama, Eizo; Hanaki, Nobuyuki; Ishikawa, Ryuichiro - HAL - 2013
To what extent is the observed mis-pricing in experimental asset markets caused by strategic uncertainty (SU) and by individual bounded rationality (IBR)? We address this question by comparing subjects initial price forecasts in two market environments - one with six human traders, and the other...
Persistent link: https://www.econbiz.de/10010933940
Cover Image
Job mission as a substitute for monetary incentives: experimental evidence
Cassar, Lea - Institut für Volkswirtschaftslehre, … - 2014
laboratory experiment in which the choice of the job charac- teristics (i.e., the mission) is part of the compensation package …
Persistent link: https://www.econbiz.de/10010941146
Cover Image
Ingratiation and Favoritism: Experimental Evidence
Robin, Stéphane; Rusinowska, Agnieszka; Villeval, … - HAL - 2012
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10010929091
Cover Image
Impact of information on intentions to vaccinate in a potential epidemic: swine-origin Influenza A (H1N1)
Chanel, Olivier; Luchini, Stephane; Massoni, Sébastien; … - HAL - 2010
Vaccination campaigns to prevent the spread of epidemics are successful only if the targeted populations subscribe to the recommendations of health authorities. However, because compulsory vaccination is hardly conceivable in modern democracies, governments need to convince their populations...
Persistent link: https://www.econbiz.de/10010930176