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The IJV Effects on Developing Technological Capacities: the Case of Tunisian Firms

Benslimane, Sonia - Université Paris-Dauphine (Paris IX) - 2011

The evolution of international alliances has raised the interest of literature on firm’s theory and in terms of the conception and its capacities. Thus, the firm’s evolution is viewed from the technological opportunities and its capacities perspective. In this context, the joint venture is...

Persistent link: https://www.econbiz.de/10010706983

La confiance a-t-elle toujours un sens dans les relations interorganisationnelles basées sur les enchères électroniques inversées ?

Josserand, Emmanuel; Charki, Mohamed Hédi - Université Paris-Dauphine (Paris IX) - 2006

possibilities of collaboration. From one side, ORA are perceived by suppliers as a clear proof of the buyer’s power and opportunism …

Persistent link: https://www.econbiz.de/10010799292

Online Reverse Auctions Use and the Dance of Trust: Maintaining or Deteriorating Relationships

Josserand, Emmanuel; Charki, Mohamed Hédi - Université Paris-Dauphine (Paris IX) - 2007

This research explores the effect of the introduction of online reverse auctions (ORAs) on interorganizational trust between buyers and suppliers in the retail industry. Building upon the notion of the spirit of the technology and the organizing vision, we shed light on the "equivoque" nature of...

Persistent link: https://www.econbiz.de/10010708559

Online Reverse Auctions Use and the Dance of Trust: Maintaining or Deteriorating Relationships

Charki, Mohamed Hédi; Josserand, Emmanuel - Université Paris-Dauphine (Paris IX) - 2008

Persistent link: https://www.econbiz.de/10010708623

New distribution channels in service firms: marketing and organizational consequences

Plé, Loïc; Lefebvre, Isabelle - Université Paris-Dauphine (Paris IX) - 2003

opportunism for a limited number of customers. Two forms of opportunism are shown: active and premeditated opportunism versus the … incoming call-centre, “spontaneous” or “incident” opportunism when called by the outgoing call-centre. (c) To limit potential … opportunism, the bank insists on formal coordination mechanisms: process standardization, qualification standardization, direct …

Persistent link: https://www.econbiz.de/10011074178

APPROXIMATE HEDGING IN A LOCAL VOLATILITY MODEL WITH PROPORTIONAL TRANSACTION COSTS

Quoc, Tuan Tran; Lépinette-Denis, Emmanuel - Université Paris-Dauphine (Paris IX) - 2014

Local volatility models are popular because they can be simply calibrated to the market of European options. We extend the results of [4], [3] for such models, i.e. we propose a modi ed Leland method which allows us to approximately replicate a European contingent claim when the market is under...

Persistent link: https://www.econbiz.de/10010799310

Essential Supremum with Respect to a Random Partial Order

Kabanov, Yuri; Lépinette-Denis, Emmanuel - Université Paris-Dauphine (Paris IX) - 2013

Inspired by the theory of financial markets with transaction costs, we study a concept of essential supremum in the framework where a random partial order in View the MathML source is lifted to the space View the MathML source of d-dimensional random variables. In contrast to the classical...

Persistent link: https://www.econbiz.de/10010721349

Mean Square Error and Limit Theorem for the Modi fied Leland Hedging Strategy with a Constant Transaction Costs Coefficient

Lépinette-Denis, Emmanuel; Darses, Sébastien - Université Paris-Dauphine (Paris IX) - 2014

We study the Leland model for hedging portfolios in the presence of a constant proportional transaction costs coefficient. The modi fied Leland's strategy defi ned in [2], contrarily to the classical one, ensures the asymptotic replication of a large class of payoff . In this setting, we prove a...

Persistent link: https://www.econbiz.de/10010729320

The Governance of Transactions by Commercial Intermediaries: An Analysis of the Re-engineering of Intermediation by Electronic Commerce

Brousseau, Eric - Université Paris-Dauphine (Paris IX) - 2002

Efficiency arguments explain why commercial intermediaries exist and will continue to be involved in the exchanges despite the spread of digital networks. Commercial intermediaries provide producers and consumers with a set of information, logistic, securization and insurance (and liquidity)...

Persistent link: https://www.econbiz.de/10010735773

Liquidity and Risk Sharing Benefits from Opening an ETF Market with Liquidity Providers: Evidence from the CAC 40 Index

De Winne, Rudy; Gresse, Carole; Platten, Isabelle - Université Paris-Dauphine (Paris IX) - 2014

This article examines how the introduction of an ETF replicating a stock index impacts on the liquidity of the underlying stocks when the ETF market involves liquidity providers (LPs). We find that index stock spreads decline, relative to those of non-index stocks, after the introduction of the...

Persistent link: https://www.econbiz.de/10010861453