Historical Cost and Conservatism are ecologically rational in that they help organizations survive better in uncertain economic … Cost and Conservatism, and how this information facilitates the survival of individual entrepreneurs and organizations in …

. In this paper, we explore the role of comparative adjustment costs in determining competitive advantage in dynamic … between adjustment costs and related concepts such as resources/capabilities, dynamic capabilities, transaction costs, and … opportunity costs …

not hold. Instead, the secured borrowing decision may be best characterized by a trade-off theory. The collateral trade …

Agents' decisions to exert effort depends on the provided incentives as well as the potential costs for doing so. So … options, we explore the role of implicit costs of effort in determining workers' performance. We observe that incentive … contracts and implicit costs interact in a non-trivial manner. Performance reacts significantly to changes in implicit effort …

, providing insights on technological progress in renewables and overall economic costs of reducing nuclear power …