Showing 1 - 10 of 66
This paper presents a study intended to demonstrate how the Financial Market Authority (AMF) in France uses its regulatory and sanctioning powers with regard to brokers, listed companies and other actors (individuals) in the financial industry during the period 2006-2011. The AMF actions are...
Persistent link: https://www.econbiz.de/10010775229
trader fraud on European carbon allowances markets. This fraud occurred mainly between the end of 2008 and the beginning of … 2009. In this paper, we explore the financial mechanisms of the fraud and the impact on the market behaviour as well as the …
Persistent link: https://www.econbiz.de/10010603689
We survey recent developments in the economic analysis of insurance fraud. The paper first sets out the two main … approaches to insurance fraud that have been developped in the literature, namely the costly state verification and the costly … be deterministic or random, and it can be conditioned on fraud signals perceived by insurers. Under costly state …
Persistent link: https://www.econbiz.de/10010821286
modelled as a multiple criteria auction, and an auctioneer (a government employee) who has discretion in devising the selection … auction into a symmetric information auction (in bribes) for a common value prize. In a repeated setting we show that …
Persistent link: https://www.econbiz.de/10010738980
This paper investigates links between corruption and collusion in procurement. A first-price multiple-object auction is … auction designers, competition authorities and criminal courts is that risks of collusion and of corruption must be addressed …
Persistent link: https://www.econbiz.de/10010739053
governance on the shareholders' confidence. We are trying to explore the relationship between its different variables in the … committees and the boards of directors and the asset efficiency and the confidence of the shareholders of the counterpart. On the … companies seem to have a negative and significant effect on the shareholders' confidence. …
Persistent link: https://www.econbiz.de/10010885293
the observed patterns in the team-entry gender gap: (1) a gender gap in confidence in others (i.e. women are less …
Persistent link: https://www.econbiz.de/10009325706
La question du champ couvert par la gouvernance d'entreprise n'est pas définitivement tranchée pas plus que ne l'est celle de la limite entre gouvernance et leadership. La question se pose donc bien de savoir ce que l'on entend par gouvernance aujourd'hui. Serait-elle à opposer à cet autre...
Persistent link: https://www.econbiz.de/10010750541
We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see...
Persistent link: https://www.econbiz.de/10010751039
With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...
Persistent link: https://www.econbiz.de/10010899002