Department: Graduate School of Business.

At the end of 2009, countries in the Eurozone began to experience a sudden divergence of bond yields as the perceived prospect of sovereign default risk increased. This paper examines the potential spillovers between the liquidity of the sovereign credit default swap (CDS) market and the...

At the end of 2009, countries in the Eurozone began to experience a sudden divergence of bond yields as the perceived prospect of sovereign default risk increased. This paper examines the potential spillovers between the liquidity of the sovereign credit default swap (CDS) market and the...

This study explores two important aspects of entrepreneurship -- liquidity constraints and serial entrepreneurs, with an additional analysis of occupational choice among wage workers. In the first essay, I revisit the question of whether entrepreneurs face liquidity constraints in business...

Because of its devastating effects in auctions and other mechanisms, collusion is prohibited andlegally prosecuted. Yet, colluders have always existed, and may continue to exist. We thus raise the followingquestion for mechanism design:What desiderata are achievable, and by what type of...

We put forward new benchmarks and solution concepts for Adversarial Mechanism Design, as defined by [MV07.a], and we exemplify them in the case of truly combinatorial auctions.We benchmark the combined performance (the sum of the auction's efficiency and revenue) of a truly combinatorial auction...

We put forward new benchmarks and solution concepts for Adversarial Mechanism Design, as defined by [MV07.a], and we exemplify them in the case of truly combinatorial auctions.We benchmark the combined performance (the sum of the auction's effciency and revenue)of a truly combinatorial auction...

As agile methodologies are being adopted by increasing number of organizations, there is a greater needto understand its value. This study attempts to explain the value of Agile Methodologies by introducing anew economic analytical model and using simulation techniques. The results show that...