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We propose a framework for evaluating the effectiveness of regulatory activity based on the distinctions among boundary, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating boundaries, regulating conduct, and defining...
Persistent link: https://www.econbiz.de/10005076905
In this discussed draft, we want to present the Partial Distribution (F.Dai, 2001) for discussing. We compare the partial distribution with lognormal and levy distribution. Though the levy distribution is better to describe the prices distribution of stock and stock indexes in a moderately large...
Persistent link: https://www.econbiz.de/10005556338
The Indian agricultural sector is leveraging the Information and Communication Technologies (ICT) to disseminate the … right information at the right time. The cost factor in face-to-face information dissemination and the difficulties in …
Persistent link: https://www.econbiz.de/10005124931
Some recent empirical works indicate that investor performance and market patterns are primarily information driven … instead of a behavioral phenomenon. However, Grossman and Stiglitz information theory and its variations offer little guidance … in identifying informed investors and in distinguishing between securities with scarce information and those with widely …
Persistent link: https://www.econbiz.de/10005134939
. On one hand, the pooling of information within bidding rings increases the precision of competing estimates. We … information is distributed. The experimental results are consistent with our theoretical predictions for different value and …
Persistent link: https://www.econbiz.de/10005407619
investigate this question in case that the individual probability functions are based on different information sets. Under … any overlaps between different persons' information sets. The solutions are derived from an axiomatic system that models … parameter-free, and that they incorporate each individual's information although the individuals need not communicate their …
Persistent link: https://www.econbiz.de/10005412461
information which also bear a high degree of privacy. Whereas the literature suggests relational contracts as a way how … qualitative and private information can be credibly conveyed to the lender, it is shown that even in the German housebank … banks, too, respond to information gaps with unfavourable loan conditions. As an alternative specialized information …
Persistent link: https://www.econbiz.de/10005413034
to coordinate when they are given little in-formation, i.e. when subjects are uninformed about the payoff matrix and feed … information prior to playing the game changes subject behaviour and significantly improves performance, even though standard … adaptive learning rules do not take such information into account and optimal adaptive rules do not differ much between the two …
Persistent link: https://www.econbiz.de/10005550889
degrees. When the decision maker consults only a single expert, the expert withholds substantial information from the decision …
Persistent link: https://www.econbiz.de/10005550962
-BASED ECONOMIC STRUCTURES AND INFORMATION SOCIETIES THAT COMPRISE NETWORKS OF INDIVIDUALS, FIRMS AND COUNTRIES THAT ARE LINKED …
Persistent link: https://www.econbiz.de/10005556113