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Conventional wisdom says that economic surplus is created when the cost of litigation is foregone in favor of settlement, a theory flowing from the Coase Theorem. The cost-benefit analysis weighs settlement against the expected value of litigation net of transaction cost. This calculus yields...
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The appropriate choice of a threshold level, which separates the tails of the probability distribution of a random …
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The dynamics in stock returns and the market return for 21 food and agribusiness firms are estimated in a threshold … switching-regression framework. Threshold adjustment levels and capital asset pricing model risk parameters are estimated and …
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irreversibility of investment. As will be shown, the provision of public goods changes over time and also depends on the business …
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irreversibility of investment. As will be shown, the provision of public goods changes over time and also depends on the business …
Persistent link: https://www.econbiz.de/10009748378