Showing 1 - 10 of 10
realized. This forces us to consider practical and structural aspects (regulations, taxation, markets) as key drivers of … Industry, Portfolio Theory Swaps and Financial Markets: IRS, TRS, ALM, ISDA Retail Structured Products Real Estate Asset Class …
Persistent link: https://www.econbiz.de/10011109326
competition in this market. It is shown that this is not the case in some other retail markets, where entry by a third firm may … coverage exists. Moreover, it is found that a second entrant in this market strongly increases competition, while further entry … significantly affect competition. Finally, using the estimation results, it is show that the public policy, which consisted of …
Persistent link: https://www.econbiz.de/10011259798
This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265335
Persistent link: https://www.econbiz.de/10010677824
Persistent link: https://www.econbiz.de/10010677860
We study how competition and corporate governance may explain investment decisions of Mexican manufacturing firms. We … ownership and control), and market competition may encourage investment decisions. Furthermore they suggest an inverse … relationship between market competition and agency costs. We believe that our findings support the hypothesis that competition may …
Persistent link: https://www.econbiz.de/10008804693
Most insurance premiums are only weakly linked to mileage, and have largely lump-sum characteristics. The probable result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of the relationship between driving and accidents that...
Persistent link: https://www.econbiz.de/10011131490
Most insurance premiums are only weakly linked to mileage, and have largely lump-sum characteristics. The probable result is too many accidents and too much driving from the standpoint of economic efficiency. This paper develops a model of the relationship between driving and accidents that...
Persistent link: https://www.econbiz.de/10011131706
over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … case of highly competitive markets with few suppliers. The paper focuses also on the relationship between full cost pricing … analysis of competition; it is too often neglected in favour of the sole competition on margins. …
Persistent link: https://www.econbiz.de/10011113011
The effect of property rights allocation on characteristics of the vertically integrated company and properties of the corresponding market equilibria are studied. It is shown that partial integration can induce inefficient super-monopolistic market equilibria and unbalance in the functioning of...
Persistent link: https://www.econbiz.de/10011113230