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Conflicts with momentum
Boudreau, James W.; Mathews, Timothy; Sanders, shane; … - In: Games 13 (2022) 1, pp. 1-12
advantage in the final stage. We examine such momentum in conflict scenarios and investigate how valuable it must be to avoid a …, rent dissipation in the two-stage conflict is equal across party whether or not an individual obtains first-stage momentum … as useful conflict benchmarks, they dissipate additional expected contest rents. This additional rent-dissipative toll …
Persistent link: https://www.econbiz.de/10013171901
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Immunity
Reddy, Karthik; Schularick, Moritz; Skreta, Vasiliki - 2021
Legal provisions that protect politicians from arrest and prosecution exist throughout much of the modern democratic world. Why, and with what effects, do societies choose to place their politicians above the law? We examine the institution of immunity both theoretically and empirically. Our...
Persistent link: https://www.econbiz.de/10013315702
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Conflicts & Capital Allocation
Edwards, Benjamin - 2017
The regulatory structure for financial advice now tolerates incentives motivating financial advisors to manipulate and deceive retail investors. While scholars thus far have argued for ways to improve investor protections, the literature has largely ignored how these flawed incentives affect the...
Persistent link: https://www.econbiz.de/10012968943
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From conflict to trust : how mutual funds manage conflicts of interest
Fok Kam, André - 2009
Persistent link: https://www.econbiz.de/10003863716
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Finding common ground when experts disagree : belief dominance over portfolios of alternatives
Baker, Erin; Bosetti, Valentina; Salo, Ahti A. - 2016
We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...
Persistent link: https://www.econbiz.de/10011504367
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Finding Common Ground When Experts Disagree : Belief Dominance Over Portfolios of Alternatives
Baker, Erin - 2017
We address the problem of choosing a portfolio of policies under “deep uncertainty.” We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...
Persistent link: https://www.econbiz.de/10012968609
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Regional Political Climate and Individual Portfolios
Mukhamadieva, Marina - 2018
In this paper I investigate the relationship between the local political climate and regional heterogeneity in the portfolio composition of individual investors. I find that right-wing supporters are more likely to participate in financial markets and hold a larger share of their wealth in...
Persistent link: https://www.econbiz.de/10012913299
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Trade Unions, Employee Share Ownership and Wage Setting : A Supply-Side Approach to the Share Economy
Renstrom, Thomas I.; Roszbach, Kasper - 1998
Employee share ownership is growing increasingly important. This paper studies employee share ownership in an economy with one monopoly union for each firm. We modify an implicit contract model by adding dividend income to the usual wage income. Union members differ in exogenous stock endowments...
Persistent link: https://www.econbiz.de/10014117162
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The effect of competition on R&D portfolio investments
Zschocke, Mark S.; Mantin, Benny; Jewkes, Elizabeth M. - In: Production and operations management : an international … 23 (2014) 8, pp. 1439-1449
Persistent link: https://www.econbiz.de/10010406247
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Essays in banking regulation
Kazemi Manesh, Maryam - 2011
Persistent link: https://www.econbiz.de/10009006706