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Transportation and land use research of the past decade has focused in large part on the question of whether …
Persistent link: https://www.econbiz.de/10009477565
, there has been little research on the relationships between organizational characteristics and the need for management … developing their human resources but also help training suppliers in their marketing strategies. This research attempts to take a …-mentioned relationship in developing countries. In particular, the research identifies and tests the impact of particular organizational …
Persistent link: https://www.econbiz.de/10009482202
the effect of the flat tax rate is largely confined to Russia. Additional research and analysis needs to be completed …
Persistent link: https://www.econbiz.de/10009438702
Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with...
Persistent link: https://www.econbiz.de/10009439124
The properties of automatic model selection are discussed, focusing on PcGets. We explain the background concepts and why automatic methods can perform well. Criticisms of model selection procedures are noted and rebutted. The algorithm is sketched, distinguishing between costs of search and...
Persistent link: https://www.econbiz.de/10009441474
Persistent link: https://www.econbiz.de/10009447401
This paper presents a personal view of the interaction between the analysis of choice under uncertainty and the analysis of production under uncertainty. Interest in the foundations of the theory of choice under uncertainty was stimulated by applications of expected utility theory such as the...
Persistent link: https://www.econbiz.de/10009447884
(Magill, M., Quinzii, M., 2002. Capital market equilibrium with moral hazard. Journal of Mathematical Economics 38, 149-190) showed that, in a stockmarket economy with private information, the moral hazard problem may be resolved provided that a spanning overlap condition is satisfed. This...
Persistent link: https://www.econbiz.de/10009447956
I examine a situation where a firm chooses to locate a new factory in one of several jurisdictions. The value of the factory may differ among jurisdictions and it depends on the private information held by each jurisdiction. Jurisdictions compete for the location of the new factory. This...
Persistent link: https://www.econbiz.de/10009447959
In this paper we suggest a model of sequential auctions with endogenous participation where each bidder conjectures about the number of participants at each round. Then, after learning his value, each bidder decides whether or not to participate in the auction. In the calculation of his expected...
Persistent link: https://www.econbiz.de/10009447972