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Persistent link: https://www.econbiz.de/10010905365
Digital Technologies make it possible to decentrally settle institutional frameworks based on self-implementation of exclusive rights of use over information and on the self-regulation of on-line communities. Through a decentralized system of IPRs and collective rules setting of this kind agents...
Persistent link: https://www.econbiz.de/10010765455
Chemical industry's managers have developed since mid-1970' a management and prevention risk policy named “Responsible Care”. This policy was a first draft for a sustainable management even if these two concepts were not exactly synonymous. Through genealogy of this practice and its use in a...
Persistent link: https://www.econbiz.de/10011072217
The study proposes analyzing the complex links between the standardization and regulation of mobile phone markets from a political economy perspective. Moreover, this study examines these links by taking into consideration, from a Schumpeterian perspective, the market disequilibrium and the...
Persistent link: https://www.econbiz.de/10011162097
Persistent link: https://www.econbiz.de/10010905329
In a partial equilibrium framework, SHARKEY and SIBLEY [1993] show paradoxally that all redistributive optimal two-part pricings are sustainable. They also suggest the extension of their main result to non-linear pricing. In this paper, it is shown that in fact their result doesn't extend...
Persistent link: https://www.econbiz.de/10010707410
Persistent link: https://www.econbiz.de/10010707750
The trading systems used on financial markets differ in terms of matching procedures, selected norms to write contracts, existence or not of intermediaries to ensure liquidity, market transparency... We are interested in measuring the direct effect on market specifics of a matching procedure...
Persistent link: https://www.econbiz.de/10011071938
This paper presents a study of intra-day patterns of stock market activity and introduces duration based activity measures for single stocks and multiple assets. The proposed measures involve weighted durations, i.e. times necessary to sell (buy) a predetermined volume or value of stocks. As...
Persistent link: https://www.econbiz.de/10011074170
We consider a non necessarily complete financial market with one bond and one risky asset, whose price process is modelled by a suitably integrable, strictly positive, càdlàg process $S$ over $[0, T]$. Every option price is defined as the conditional expectation under a given equivalent (true)...
Persistent link: https://www.econbiz.de/10011074294