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How rich is China and how fast has the economy grown? Statistical controversies

Wu, Harry W - 1998

Correctly measuring a country’s national income and its growth is essential to the understanding of various aspects of the country’s economy both at present and in the future. The measurement issue is even more important for economies like China whose size-based economic-political power is...

Persistent link: https://www.econbiz.de/10009451605

How do the revised National Accounts affect the interpretation of how the Spanish economy has fared since the pandemic?

Fernández Sánchez, José Luis; González Mínguez, José

Rationale The revision to the Annual and Quarterly National Accounts figures by the National Statistics Institute in September was more extensive than in previous years and has altered the interpretation of some aspects of Spanish economic developments since the pandemic. Takeaways •The new...

Persistent link: https://www.econbiz.de/10014453501

Essays on the information acquisition of doubt-prone decision makers

Alaoui, Larbi - 2010

There are many situations in which individuals have a choice of whether or not to observe the eventual outcome. In these instances, individuals often prefer to avoid observing the outcome. The standard von Neumann-Morgenstern (vNM) Expected Utility model cannot accommodate these cases, since it...

Persistent link: https://www.econbiz.de/10009438428

Other-regarding preferences and consequentialism

Borah, Abhinash - 2010

parameter richer than that model. We use our decision model to provide an expressive theory of voting. …

Persistent link: https://www.econbiz.de/10009438432

Entrepreneurial activity in markets with imperfections

Silveira, Rafael - 2007

--because venture capitalists raise funds before they enter the market--, fits well with recent Monetary Search Theory. The models here … provide contributions and extensions of Search Theory more generally. Essay 1--"The Market for Ideas"--studies technology …

Persistent link: https://www.econbiz.de/10009438446

Essays on corporate finance and financial institutions

Yan, Jinghua - 2007

The dissertation consists of four chapters. The first chapter presents a model that incorporates product market competition into the standard neoclassical framework. The model explains why value-maximizing firms conduct mergers that appear to lower shareholder value. In a Cournot setting, the...

Persistent link: https://www.econbiz.de/10009438450

Essays on careers in firms

Pastorino, Elena - 2005

This dissertation considers the determinants of individual careers within firms and it is articulated into two chapters. The first chapter analyzes a learning model in which a firm and a worker can acquire information about the worker's ability by observing his performance at different tasks....

Persistent link: https://www.econbiz.de/10009438482

Essays in discrete time asset pricing

Polimenis, Vassilis - 2001

Most discrete time literature uses the beta that results from a regression of an asset's simple returns on various factors to quantify risk. The departing point for this thesis is the consistent use of log-returns. When log-returns are considered, the relevant measure of systematic risk becomes...

Persistent link: https://www.econbiz.de/10009438502

Incomplete information and robustness in strategic environments

Penta, Antonio - 2010

Game theoretic modeling involves making assumptions on agents' infinite hierarchies of beliefs. These assumptions are understood to be only approximately satisfied in the actual situation. Thus, the significance of game theoretic predictions depend on robustness properties of the solution...

Persistent link: https://www.econbiz.de/10009438552

Perspectives on firm decision making during risky technology acquisitions

Powell, Adam C - 2011

theoretical comparisons are conducted. In the first, economic theory, behavioral theory (the Behavioral Theory of the Firm and … Prospect Theory), and Bounded Rationality are tested as potential determinants of acquisition uncertainties. In the second …, economic theory and Prospect Theory are tested as potential determinants of the value of the machine acquired. To answer these …

Persistent link: https://www.econbiz.de/10009438636

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