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Este trabajo repasa las dos principales ramas principales de la literatura empírica sobre cuantificación del impacto de la responsabilidad ambiental corporativa. La primera de éstas comprende varios estudios de eventos ambientales. Lo que se cuantifica son los retornos anormales que pueden...
Persistent link: https://www.econbiz.de/10010323186
What happens to job market signaling under two-dimensional asymmetric information? With 2 types of productivity and noise, the equilibrium remains separating if an extended single-crossing condition is satisfied. If not, there are partially pooling equilibria where only extreme types can be...
Persistent link: https://www.econbiz.de/10010323217
In this paper we set forth a new perspective from which to understand and measure the brokerage of asymmetric information that intermediaries usually carry out. Firstly, we deal with partitions of a given set so as to lay grounds to our line of research. Secondly, we argue that trade splits up...
Persistent link: https://www.econbiz.de/10010323246
This paper sets forth the foundations for a transactional approach for the performance of arbitrage in foreign exchange markets. Firstly, we review both the standard model of financial arbitrage and the so-called covered-interest arbitrage environment, and we also lay bare striking shortcomings...
Persistent link: https://www.econbiz.de/10010323288
In this paper we show that a homogeneous-product market with multiple Bertrand equilibria becomes a market with a single Bertrand equilibrium when we introduce a small degree of product differentiation. When differentiation tends to zero, that Bertrand equilibrium converges to the unique...
Persistent link: https://www.econbiz.de/10010323325
Since the beginning of the last century the world is experiencing an important demographic transition, which will … transition as well as its profound implications. A correct understanding will help to predict other important trends of the world … the principal driving forces leading to the present transition. The estimated results for the temporal evolution of world …
Persistent link: https://www.econbiz.de/10010323333
Si no hay de todo, para todos, gratis; si más es mejor que menos; y si con los recursos productivos se puede hacer más de una cosa, entonces la eficiencia es importantísima. ¿Por qué, entonces, observamos tanta ineficiencia en la realidad? Respuestas posibles: porque los economistas estamos...
Persistent link: https://www.econbiz.de/10010323362
Persistent link: https://www.econbiz.de/10010323454
power in order to assess whether a particular conception of power, if shared, has an actual effect on world order. Precisely …
Persistent link: https://www.econbiz.de/10010323485
Persistent link: https://www.econbiz.de/10010323491