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produce extra damages or synergies. Other examples occur in Agriculture, Zootechnics and so on. When it is necessary to …
Persistent link: https://www.econbiz.de/10009370825
A principal wants two sequential tasks to be performed by wealth-constrained agents. When the tasks are conflicting (i.e., when a first-stage success makes second-stage effort less effective), the principal's profit-maximizing way to induce high efforts is to hire one agent to perform both...
Persistent link: https://www.econbiz.de/10009650662
Bidders in procurement auctions often face avoidable fixed costs. This can make bidding decisions complex and risky, and market outcomes volatile. If bidders deviate from risk neutral best responses, either due to faulty optimization or risk attitudes, then equilibrium predictions can perform...
Persistent link: https://www.econbiz.de/10009211215
achievability of synergies. We show that if the experts who advise the owners considering forming an R&D joint venture are also … responsible for R&D efforts, they can have incentives to withhold information about the extent of those synergies. Owners …
Persistent link: https://www.econbiz.de/10009295282
Inspired by some spectrum auctions, we consider a stylized license auction with incumbents and one entrant. Whereas the entrant values only the bundle of several units (synergy), incumbents are subject to non-increasing demand. The seller proactively encourages entry and restricts incumbent...
Persistent link: https://www.econbiz.de/10010602240
The issue of cross-border bank mergers and acquisitions efficiency is considered. The effect of synergy gains on the success of such agreements is emphasized. The model of taking a decision by acquirer about economic suitability regarding deal realization is developed.
Persistent link: https://www.econbiz.de/10009004211
This study experimentally tests the performance in predicting decisions of a reciprocity model that was proposed by … from his past decision. The prediction performance is measured by the rate of correct predictions (accuracy) and the gain …'s performance. Further, we compare the performance of the model with two other prediction methods; one method uses a decision in a …
Persistent link: https://www.econbiz.de/10011107458
The functionality of the new economic system of Republic of Moldavia, based on market relations and opened to world, frequently marked by dynamism, often by uncertainty and risk, sometimes even hostility, depends, crucially, on the innovation activity. Innovation activity, formation of...
Persistent link: https://www.econbiz.de/10011107836
possible solutions. The macroeconomic performance of this regime has attracted the attention of recent research, yet no final …” approach of Ball and Sheridan (2005). Our results indicate that inflation targeting helps to improve macroeconomic performance …
Persistent link: https://www.econbiz.de/10011108451
At present, the existing literature shows that the factors which influence the effectiveness of virtual teams for new product development are still ambiguous. To address this problem, a research design was developed, which includes detailed literature review, preliminary model and field survey....
Persistent link: https://www.econbiz.de/10011108647