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Over the past two decades, the financial services industry has experienced a significant increase in competition and … internal rivalry. Driven by deregulation and advances in information technologies, many historical institutional distinctions …
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members of an information sharingCooperative. Once collected, information about the location of productive sh-ing sites is an … excludable public good. We show that independent shermen donot internalize the full value of information and do not replicate rst …-best searchpatterns. An information sharing Cooperative faces a free-riding problem as eachmember prefers that another undertake costly …
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Aufgabe darin besteht, glaubwürdige Information für Investoren bereitzustellen. Drei Determinanten der Instabilität werden …
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This survey paper examines various information insufficiencies in biodiversity conservation and their impact of … information, and 4) monitoring problem. The consequences of these four types of information insufficiencies on the choice of …
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information between two national regulators. The model concentrates on informational frictions in an environment with otherwise … some regulatory information creates misreporting incentives. However, the major problem is not the reporting accuracy but …
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The aim of this paper is to examine what has been the role of information provision to the market throughout the crisis …. We consider two main sources of information to the market, financial statements and information provided by credit rating … agencies. We examine how these sources of information work and the effectiveness of their disclosure process during the crisis …
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