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Risk and global economic architecture : why full financial integration may be undesirable
Stiglitz, Joseph E. - 2010
superior. The intuition is simple: if underlying technologies are not convex, then risk-sharing can lower expected utility. The … likelihood of a bankruptcy cascade, "contagion," and systemic risk"--National Bureau of Economic Research web site …
Persistent link: https://www.econbiz.de/10003939953
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Risk and global economic architecture : why full financial integration may be undesirable
Stiglitz, Joseph E. - In: The American economic review 100 (2010) 2, pp. 388-392
Persistent link: https://www.econbiz.de/10008748222
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The quality of managers in centralized versus decentralized organizations
Sah, Raaj Kumar; Stiglitz, Joseph E. - 1990 - Rev
Persistent link: https://www.econbiz.de/10000809454
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The quality of managers in centralized versus decentralized organizations
Sah, Raaj K.; Stiglitz, Joseph E. - In: Corporate strategies for managing environmental risk, (pp. 357-363). 2004
Persistent link: https://www.econbiz.de/10002424019
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The quality of managers in centralized versus decentralized organizations
Sah, Raaj Kumar - In: The quarterly journal of economics 106 (1991) 1, pp. 289-295
Persistent link: https://www.econbiz.de/10001100430
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Committees, hierarchies and polyarchies
Sah, Raaj Kumar - In: The economic journal : the journal of the Royal … 98 (1988) 391, pp. 451-470
Persistent link: https://www.econbiz.de/10001054519
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The architecture of economic systems : hierarchies and polyarchies
Sah, Raaj Kumar - In: The American economic review 76 (1986) 4, pp. 716-727
Persistent link: https://www.econbiz.de/10001012874
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Countering the power of Vested interests : advancing rationality in public decision-making
Stiglitz, Joseph E. - In: Journal of economic issues : jei 51 (2017) 2, pp. 359-365
Persistent link: https://www.econbiz.de/10011787123
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The Quality of Managers in Centralized versus Decentralized Organizations
Sah, Raaj Kumar; Stiglitz, Joseph E. - 2012
This paper examines the dynamic consequences of a greater centralization or decentralization of the decision …
Persistent link: https://www.econbiz.de/10014040660
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The asymmetric effect of diffusion processes : risk sharing and contagion
Gallegati, Mauro; Greenwald, Bruce C. N.; Richiardi, Matteo - In: Global economy journal : GEJ 8 (2008) 3, pp. 1-20
Persistent link: https://www.econbiz.de/10009491546