The method of elicitation has an important effect on valuations. We investigate the effect of perspective on decision makers' elicited values. We conduct experimental sessions in which participants act as sellers or buyers, and replicate the disparity between willingness to accept and...

Infrastructure investment, especially in South Africa, is currently at the forefront of policy and public debate. But the term 'infrastructure' has a variety of definitions and interpretations; the reason for the various definitions is related to infrastructure's various impacts and incidence....

This paper empirically examines to what extent political factors explain different performances in income redistribution in countries that vary in terms of size of the public sector, tax systems, political institutions and governance. In line with the theory, we use the difference in the ex ante...

The present paper emphasizes an empirical study conducted at national level, within entities listed on the Bucharest Stock Exchange. The objective of this study is to develop the determinant factors of intellectual capital reporting such as size of entity expressed by turnover, equity, number of...

Even if the tertiary education system is being improved, the employment rate of the freshly graduates is still not balanced with the labour market. The general objective of the present study is to integrate this matter as an influence factor of regional development in South-East Europe. The...

We analyze the impact of tax loss treatment on multinational investment. Basically, two effects of tax loss treatment can be expected. First, firms make their investment decisions considering potential future losses. Then, the various types of conceivable loss offset provisions affect investment...

This paper investigates the measurement of trust transfer in interpersonal contexts. Despite the importance of this topic, little evidence of comparable indicators exists to fill the current gap in knowledge regarding the measurement of interpersonal transference of trust and its reciprocal. We...

Sanctions are a crucial part of enforcing environmental regulations. We discuss the determinants and the levels of monetary penalties for environmental offenses found in practice. Three major categories of variables are distinguished: the circumstances of the offense, the characteristics of the...