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governance mechanism by disciplining managers' investment decisions. In the two years following an M&A lawsuit (a lawsuit where … peer firms respond to the increased litigation risk by reducing abnormally high investment expenditures. Finally, the … industry-wide deterrence effect on firms' suboptimal investment behavior …
Persistent link: https://www.econbiz.de/10010501385
behavioural economics, compared with that of classical rational choice theory, to account for successful interventions. After …
Persistent link: https://www.econbiz.de/10010502145
theory and welfare economics, which are restricted to the certainty case, with Harsanyi's pathbreaking attempt at extending …
Persistent link: https://www.econbiz.de/10010504022