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also on the decisions of others. In the present article, we review the literature on decision making made by groups of the …
Persistent link: https://www.econbiz.de/10013111990
Management research has long focused on the theory of the firm, studying for-profit organizations that produce … organizational theory, innovation economics, and industrial organization should therefore be critically examined. …
Persistent link: https://www.econbiz.de/10010274756
, endogenous formation of efficient long-run employment relations. Our results inform the theory of the firm by showing how …
Persistent link: https://www.econbiz.de/10010291496
This paper develops and applies a test of the property rights theory of the firm in the context of global input …
Persistent link: https://www.econbiz.de/10012908704
This paper investigates the effects on firms' occupational structure of shocks induced by the introduction of Technical Barriers to Trade (TBTs) in importing countries. We rely on the Specific Trade Concern (STC) data released by the WTO to identify trade-restrictive TBT measures, combined with...
Persistent link: https://www.econbiz.de/10012825367
We study the behavior of a firm that consistently maximizes a misspecified profit function. We provide an equilibrium concept where the misspecification error remains undetected. We examine the uniqueness and stability of the equilibria. The model of the price-taking firm belongs to this class....
Persistent link: https://www.econbiz.de/10013290787
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms’ decisions to integrate their...
Persistent link: https://www.econbiz.de/10014346366
bond positions, which creates a net hedging demand for dollar assets that depreciates USD rates in both the forward and … spot markets. We document the time-varying nature of this net hedging demand and show how it relates to eco … FX hedging pressure can account for approximately 30% of all monthly variation in the seven most important dollar …
Persistent link: https://www.econbiz.de/10014242128
This paper studies experimentally when and how ideological motives shape group decision-making outcomes. Groups …
Persistent link: https://www.econbiz.de/10013243248
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real …-by-move data provide exceptionally detailed and precise information about decision times and decision quality, based on a … with the predictions of procedural decision models like drift-diffusion-models in which decision makers sequentially …
Persistent link: https://www.econbiz.de/10013306854