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Persistent link: https://www.econbiz.de/10010238072
Judgment (or logical) aggregation theory is logically more powerful than social choice theory and has been put to use … aggregation theory developed by Dokow and Holzman (2010c). This application involves aggregating classifications (specifically … aggregation theory to a more general one …
Persistent link: https://www.econbiz.de/10010501384
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
We examine the relation between accounting quality and debt concentration in corporate capital structures (i.e., firms' tendency to rely predominantly on only a few types of debt). Motivated by theoretical and empirical research that supports a strong link between debt concentration and...
Persistent link: https://www.econbiz.de/10010502053
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
innovation (DI). Some authors suggest that DI require leveraging knowledge from a selection of familiar and trustful suppliers …
Persistent link: https://www.econbiz.de/10010505162