Showing 1 - 9 of 9
In this study we examine the effects of exogenous vs. endogenous governance rules on a virtual community handling an … exogenously. Our study indicates, that letting a team choose its own governance rules leads to increasing level of conflict …
Persistent link: https://www.econbiz.de/10010343069
Increasing the realism with respect to the representation of actors, decision-making, and institutions is critical to better understand the transition towards a low-carbon sustainable society since actors, decision-making, and institutions are the defining elements of transition pathways. In...
Persistent link: https://www.econbiz.de/10011816749
Language serves two key functions. It enables communication between agents, which allows for the establishment and operation of formal and informal institutions. It also serves a less obvious function, a reassuring quality more closely related to issues linked with trust, social capital, and...
Persistent link: https://www.econbiz.de/10010278281
This paper gives a game-theoretical treatment of the institutional homogenization of value-oriented firms. It explains why intrinsically motivated, value-oriented firms like non-profits may become similar to for-profit firms in terms of organization and norms. It highlights and explains the...
Persistent link: https://www.econbiz.de/10013208621
Reserve if and when its policies are misguided or abusive. This paper traces the principal changes in governance of the … policy has been challenged. The aim is to identify relevant issues regarding governance and to establish a basis for change …, if needed. It describes the governance mechanism established by the Federal Reserve Act in 1913, traces the passing of …
Persistent link: https://www.econbiz.de/10010513070
governance whenever they anticipate similar levels of revenue among the set of countries they target, or, whenever they can …
Persistent link: https://www.econbiz.de/10011788884
We develop a theory of blockchain governance. In our model, the proof-of-work system, which is the most common set of … services. We analyze the two-way interactions between blockchain governance and the market structure of the industries in the … blockchain ecosystem. Our main result is that the proof-of-work system leads to a situation where the governance of the …
Persistent link: https://www.econbiz.de/10012144224
We find that the decision by a potential acquirer to complete or cancel an announced acquisitionproposal is sensitive to new information generated after the announcement of the acquisition.Both the acquirer and target’s cumulative abnormal returns (CAR) over different windows afterthe...
Persistent link: https://www.econbiz.de/10005870070
complex mix of tangible and intangible resources. This work studies the process of firm evolution by looking at the governance …
Persistent link: https://www.econbiz.de/10005870123