This paper apportions responsability for inefficency in a market for state contingent claims between market makers and traders. We specifically examine the origins of a frequently observed distortion in the market for bets in horseraces- the favorite- longshot bias. Previous studies rationalise...

Recently, Hammersley (What's Wrong with Ethnography: Routledge: 1992) and Silverman ( Interpreting Qualitative Data: 1993) have de-emphasised the distinction between qualitative and quantitative research and suggested to integrate them to make social science more valid. I argue that the...

This paper sets out to determine what is the strategic positioning of the Spanish Savings Banks, on the basis of published financial information.

Drawing on actor-network theory, this study examines the role of financial and non-financial information in the stabilization of collaborative supply relationships (CSRs).

Much of the literature on Executive Information Systems (EIS) development provides lists of factors critical to the successful EIS development. This paper argues that a better understanding of the relationship between key sucess factors and the EIS development is required if sucess factors are...

This paper examines the role of information in the management of railway entreprises from 1900 to c1921. Historically the railway sector has been as backward in adopting new management techniques. Only the North Eastern Railway and its use of statistical analysis for management control has been...

Collaborative supply relationships (CSRs) are growing in significance in contemporary inter-organizational management. Their growing significance apart, they are distinguished from traditional buyer-supplier relationships by their unique characteristics. These unique characteristics have...