In this paper, I derive three general performance measure characteristics from the literature that are theoretically related to the use of performance measures, i.e., (1) the impact that a manager has on performance (sensitivity), (2) the impact that uncontrollable factors have on performance...

Problem-based learning is rather labor intensive for teaching staff. In addition, the problem-based structure does not work always optimally in practice. Brainstorming during pre-discussion of tasks becomes very superficial, preparation of the students is far from optimal, and post-discussion is...

The Colleges (Dutch: Hogescholen) have gained an important position in the knowledge infrastructure. In 1999, the number of enrolled College students increased to nearly 300,000 and the number of College graduates to more than 50,000. Since the nineties, the higher education policy is...

We develop a model that allows for a comparison of corporate leniency programs for cartel behavior as enacted e.g. in the USA and the EU. Although all programs are based on the idea that the ex ante expected fine can be increased by granting fine reductions for self-reporting firms, these...

The aim of this study is to investigate the effect of market structure and area characteristics on the subscription prices and advertising rates for regional newspapers in the Netherlands. The price-market structure analysis in this study shows that there exists a negative relationship between...

We show in a sender-receiver game with strictly opposing interests that rewards enhance trust but do not influence truth-telling. Subjects who reward tend to tell the truth and trust more often in the presence and absence of reward opportunities. The amount of obtained rewards thereby enhances...

Prediction markets serve as popular devices to aggregate beliefs and to assess market estimated probabilities. By looking at the interaction between real- and play-money prediction markets, this paper shows that traded volume has a significant positive effect on the probability of real- and...

We develop a simple model in which a firm considers a number of investment projects. Because of limited financial resources, the firm can undertake at most one project. In line with the literature on real options we stress features like irreversibility, uncertainty and the possibility to...

We propose a new class of voting rules, called Size Approval Voting. According to this rule, the effective weight of a vote from a given individual depends on how many other alternatives the very same individual votes for. In particular, weights are assumed to be non-negative and weakly...

In 1848 freedom of press was written into the Constitution of the Kingdom of the Netherlands. This paper investigates the expected life span of daily newspapers in the Netherlands since then. Life expectancy depends on the cyclical evolution of the number of daily newspapers through time. The...