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Confronted by increasingly tight budgets and a broad range of alternative options, policy makers need empirical methods to evaluate the effectiveness of policies aimed at supporting the diffusion of renewable energy sources (RES). Rigorous empirical studies of renewable energy policy...
Persistent link: https://www.econbiz.de/10010501409
catalyst of environmental innovation. We apply this perspective to study the diffusion of renewable energy (RE) technologies in …
Persistent link: https://www.econbiz.de/10010502131
Political activism positively affects firm innovation. Firms that support more politicians, politicians on … innovation. The results are consistent with the hypothesis that political activism is valuable because it helps reduce political … uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that politically active firms …
Persistent link: https://www.econbiz.de/10010501442
recherche et de l’innovation pour permettre à la France de respecter ses engagements nationaux et internationaux et garantir une …
Persistent link: https://www.econbiz.de/10012111287
Judgment (or logical) aggregation theory is logically more powerful than social choice theory and has been put to use to recover some classic results of this field. Whether it could also enrich it with genuinely new results is still controversial. To support a positive answer, we prove a social...
Persistent link: https://www.econbiz.de/10010501384
Using securities lawsuits related to M&A as an industry shock, we examine whether litigation risk acts as an external governance mechanism by disciplining managers' investment decisions. In the two years following an M&A lawsuit (a lawsuit where plaintiffs allege that the firm hid poor...
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
Nudge is a semantically multifarious concept that originates in Thaler and Sunstein's (2008) popular eponymous book. In one of its senses, it is a policy for redirecting an agent's choices by only slightly altering his choice conditions, in another sense, it is concerned with bounded rationality...
Persistent link: https://www.econbiz.de/10010502145
This handbook chapter covers the existing theoretical literature on social preference and social welfare under risk (i.e., when probability values enter the data of the situation) and uncertainty (i.e., when this is not the case and only subjective probability assessments can be formed). Section...
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