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We consider a budget-constrained mechanism designer who selects an optimal set of projects to maximize her utility. A project's cost is private information and its value for the designer may vary. In this allocation problem, the selection of projects - both which and how many - is endogenously...
Persistent link: https://www.econbiz.de/10011633851
Acknowledging the importance and role of corporate reputation as a unique intangible and specific organizational resource, in this paper, we analyze its role and importance for the market success of contemporary banks. Furthermore, the paper provides an overview of the existing research...
Persistent link: https://www.econbiz.de/10012221859
Blockchain technology is firmly established in the public awareness as a revolutionary new technology underpinning cryptocurrency. However, its potential applications can be found across sectors and industries in providing a novel way of producing coordination necessary to transact online,...
Persistent link: https://www.econbiz.de/10012214932
Cellular automata (CA) can be used to study nonlinear endogenous business cycles. This leads to an examination of the classification of business cycles based on Wolfram's four classes of the dynamical behaviour of cellular automata. Following the path set by Zambelli and Goodwin, a study of...
Persistent link: https://www.econbiz.de/10012523203
Persistent link: https://www.econbiz.de/10013369345