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This article examines the railway concessions in France in the 19th century as examples of a principal – agent … of 19th century railway concessions in France. After briefly retracing the history of these concessions, I introduce the … theoretical framework of the principal – agent model then I apply it to the particular case of the French railway concessions. …
Persistent link: https://www.econbiz.de/10010708148
The average voting procedure reflects the weighted average of expressed opinions in [0,1]. Participants typically behave strategically. We evaluate the discrepancy between the average taste and the average vote. If the population is sufficiently large, it is possible to construct approximations...
Persistent link: https://www.econbiz.de/10011166480
The leveraging of control is the possibility for the controlling shareholder to lower his direct participation in capital through a convergence of financial and economic interest with other shareholders in the firm. In this paper, the setting of a coalition contract is done by awarding stocks to...
Persistent link: https://www.econbiz.de/10011082482
, identifying (again) direct externalities as an obstacle to cooperation. …
Persistent link: https://www.econbiz.de/10010861639
Within the field of strategy, the thesis deals with the role of social movements inthe process of deinstitutionalization through the concept of repertoire of tactics. This research studies how social movement actions lead to the delegitimization of a taken for granted practice. We focus on the...
Persistent link: https://www.econbiz.de/10010861642
Persistent link: https://www.econbiz.de/10011072285
This text aims to present the methodology of study of land-use conflicts performed in recent years by a multidisciplinary team, and to reveal the methods of survey and data collection, as well as the structure of the resulting database. We first define the scope of our study by providing a...
Persistent link: https://www.econbiz.de/10011072722
This paper proposes an econometric analysis of the effects of three kinds of socio-political instability - violent, social and elite - on foreign aid allocation. Arellano and Bond [1991] application of the generalized method of moments estima­tions show that the effect of socio-political...
Persistent link: https://www.econbiz.de/10011072877
Dans leurs relations bilatérales, les pays industriels font fréquemment usage d'instruments non tarifaires, discriminatoires et très ciblés sur certains secteurs ou certaines entreprises comme les accords d'autolimitation volontaires, les accords d'importations volontaires, les subventions,...
Persistent link: https://www.econbiz.de/10011073684
This paper investigates empirically how three types of socio-political instability—elite, violent, and social—influence international aid allocation by donors. The results indicate that aid allocation depends on the type of instability (the effect of violent and elite instability is...
Persistent link: https://www.econbiz.de/10011074255