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direct test of the optimal deterrence theory of antitrust crimes.Regressions are fitted to a sample of the corporations that … collusion. However, U.S. fines do not conform to the theory's predictions about the probability of detection and conviction of …
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The main aim of this paper is to estimate the future trend and analyze the pattern and rate of adoption of telephones in India. The paper uses S-shaped growth curve models for the same. It is found that the teledensity in India will increase from 12.6 telephones per 100 inhabitants in 2005-06 to...
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We show that the news is a rich source of data on distressed firm links that drive firm- level and aggregate risks. The news tends to report about links in which a less popular firm is distressed and may contaminate a more popular firm. This constitutes a contagion channel that yields...
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Using data from a 1998 establishment-level survey in the telecommunications industry, the authors examine the … predictors of aggregate quit rates. They draw on strategic human resource and industrial relations theory to identify the sets of …
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