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Reducing severance costs or subsidizing permanent job creation: Which policy is more effective to reduce duality?

Osuna, Victoria - In: Economics: The Open-Access, Open-Assessment E-Journal 9 (2015) 2015-17, pp. 1-35

market duality between PCs and TCs. The 2006 and 2012 Spanish labour market reforms are used as a benchmark. The results …

Persistent link: https://www.econbiz.de/10011306670

Modeling labor supply through duality and the Slutsky equation

Ivanov, Ivan; Dobreva, Julia - In: International Journal of Economic Sciences and Applied … 3 (2010) 2, pp. 111-122

In the present paper an analysis of the neo-classical optimization model with linear constraints is proposed. By introducing the dual problem it is shown that the solution to the maximization problem is also a solution to the minimization problem. The purely theoretical model proposes a...

Persistent link: https://www.econbiz.de/10010289415

The board structure and firm performance in SMEs: Evidence from Spain

Arosa, Blanca; Iturralde, Txomin; Maseda, Amaia - In: Investigaciones Europeas de Dirección y Economía de … 19 (2013) 3, pp. 127-135

The aim is to analyse the efficiency of the board of directors as a corporate governance mechanism. For this purpose, we examine the effect of board composition, size, activity, leadership structure and CEO tenure on firm performance. To test our hypothesis we use a sample of 307 Spanish SMEs,...

Persistent link: https://www.econbiz.de/10011984979

Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments

Farmer, Leland E.; Toda, Alexis Akira - In: Quantitative Economics 8 (2017) 2, pp. 651-683

Approximating stochastic processes by finite-state Markov chains is useful for reducing computational complexity when solving dynamic economic models. We provide a new method for accurately discretizing general Markov processes by matching low order moments of the conditional distributions using...

Persistent link: https://www.econbiz.de/10011995500

A complete characterization of equilibria in an intrinsic common agency screening game

Martimort, David; Semenov, Aggey; Stole, Lars A. - In: Theoretical Economics 13 (2018) 3, pp. 1151-1189

We characterize the complete set of equilibrium allocations to an intrinsic common agency screening game as the set of solutions to self-generating optimization programs. We provide a complete characterization of equilibrium outcomes for regular environments by relying on techniques developed...

Persistent link: https://www.econbiz.de/10012010054

Does corporate governance influence leverage structure in Bangladesh?

Uddin, Mohammad Nazim; Khan, Mohammed Shamim Uddin - In: International Journal of Financial Studies 7 (2019) 3, pp. 1-16

size, managerial ownership, and duality are the dominant factors for leverage decision-making. The results also indicate …

Persistent link: https://www.econbiz.de/10013200228

Dualism, Duality and the Complexity of Economic Institutions

Jackson, William A. - In: International Journal of Social Economics 26 (1999) 4, pp. 545-558

promoting an oversimplified, reductive outlook. A possible alternative to dualism is the notion of duality, whereby the two … that duality, if handled carefully, can provide a superior framework to dualism for dealing with the complexity of economic …

Persistent link: https://www.econbiz.de/10013337413

Competition dynamics in Nigerian aviation industry: A game theoretic approach

Shobande, Olatunji Abdul; Akinbomi, Mobolaji Daniel - In: Future Business Journal 6 (2020) 1, pp. 1-8

Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading domestic aviation firms in the Nigerian aviation industry. It probes the abilities of the prisoner dilemma to describe the subjective behaviour of the firms, which provide a...

Persistent link: https://www.econbiz.de/10012664324

The Desocialising of Economic Theory

Jackson, William A. - In: International Journal of Social Economics 40 (2013) 9, pp. 809-825

This paper aims to show that economic theory has become ‘desocialised’ and separated from social theory through the adoption of individualistic methods and neglect of social relations and structures. A historical overview traces how the social content of economic theory has diminished,...

Persistent link: https://www.econbiz.de/10014278137

A duality model of dynamic capabilities: Combining routines and improvisation

Carvalho, Ana - In: Administrative Sciences 13 (2023) 3, pp. 1-18

face highly dynamic environments. I contribute to resolve this paradox by bringing the concept of duality to the Dynamic … improvisation, as well as the empirical evidence of previous research, I propose a duality model that conceives Dynamic Capabilities … as based both on routines and on improvisation. This duality perspective highlights the interdependence and …

Persistent link: https://www.econbiz.de/10014333228