This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...

This article examines the daily strategizing of buyers, taking the dyad to be the elementary unit of analysis in market dynamics. The ideas are revisited that dyadic market relationships converge towards loyalty (Kirman and Vriend), and that markets tend towards social or institutional...

This article analyzes the economics of “badmouthing” in the context of the pre-1914 French capital market. We argue that badmouthing was a means through which racketeering journals sought to secure property rights over issuers' reputation. We provide a theoretical study of the market setup...

Organiser son rattrapage industriel est une opération complexe, que le gouvernement et l'industrie japonais ont réussi, particulièrement dans les nouvelles technologies. Pour autant, la capacité à maîtriser la technique ne suffit pas pour imposer ses marchandises aux acheteurs, notamment...

This article evaluates the quality of Internet banking services in France, and shows quality differences that result from underdevelopment of services such as "informational” or “customer relationships management” services. The certification process is then presented as a solution to...

The financial market was well developed in France in the years before World War I, and there were many newspapers that provided information to investors. Yet commentators at the time faulted the financial press for inaccuracy and biases, which they linked to the existence of payments made by...

What role do journalists and media owners play in slanting media content? In this paper, we open the black box of news production and investigate whether and how journalists themselves decide to bias the news and shield content production from owner influence. To do so, we build a novel dataset...