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Companies in a broad range of industries and economies rely heavily on external sources to finance their operations. But, external financing could be expensive and/or difficult to obtain due to imperfections in real capital markets. I focus on cash-constrained manufacturers that rely on external...
Persistent link: https://www.econbiz.de/10009477491
In dieser Arbeit wird eine wettbewerbspolitische Beurteilung der Zusammenarbeit von Wettbewerbern in Form von Querlieferungen vorgenommen und der Einfluß von Information, Produktion und Kapazität auf Marktstruktur und Wettbewerb analysiert. In drei spieltheoretischen Modellen werden die...
Persistent link: https://www.econbiz.de/10009467017
because a higher productivity of talentedworkers raises not only the value but also the cost of signaling; thelatter stems … from more effort and the choice of a high visibility jobbeing substitutes for the purpose of signaling. Results naturally …
Persistent link: https://www.econbiz.de/10009435145
A proper security architecture is an essential part of implementing robust and reliable networked applications. Security patterns have shown how reoccurring problems can be best solved with proven solutions. However, while they are critical for ensuring the confidentiality, integrity and...
Persistent link: https://www.econbiz.de/10009441305
Pigouvian taxes are typically imposed in situations where there is imperfect knowledge on the extent of damage caused by a producing firm. A regulator imposing imperfectly informed Pigouvian taxes may cause the firms that should (should not) produce to shut down (produce). In this paper we use a...
Persistent link: https://www.econbiz.de/10009443080
Screening, das Signaling, der Aufbau von Reputation sowie die Harmonisierung der Interessen der Marktteilnehmer.Der zweite … screening, the signaling, establishing a good reputation as well as the harmonization of the interests of the participants of … the economical market.The second theoretical part is based on the signaling point which includes the publication of the …
Persistent link: https://www.econbiz.de/10009447149
human capital. Classic human capital theory and signaling theory both posit a positive relationship between human capital … die Signaling-Theorie postulieren einen positiven Zusammenhang zwischen Humankapital und dem erfolgreichen Abschluss der …
Persistent link: https://www.econbiz.de/10009471793
for dividend increases. Uniquely, this study simultaneously tests the signaling and agency abatement motivations as … increased dividends constrict management's future behavior, abating the agency problem with shareholders. The signaling … partitions dividend increases into a sample motivated by agency abatement and a sample motivated by cash flow signaling. Further …
Persistent link: https://www.econbiz.de/10009475061
targeting as signaling devices and evaluate their relative merits with respect to welfare when central banks may have superior … targeting as signaling devices and evaluate their relative merits with respect to welfare when central banks may have superior …
Persistent link: https://www.econbiz.de/10009476206
be accomplished by platforms of political parties. Therefore, we analyze a signaling game between a governmental party …
Persistent link: https://www.econbiz.de/10009476265