Using semiparametric and nonparametric estimation techniques we infer cost distributions and informational rents from 457 snow removal contracts o¤ered for tender by the City of Montreal. Our results are compatible with standard received theory of competitive auctions: there is a positive...

The real options approach considers strategic management and decision-making as a process aimed at actively reducing exposition to downside risk and promoting exposition to upside opportunities. It stands at the hinge between pure finance and other areas of decision making under risk such as...

The real options approach considers strategic management and decision-making as a process aimed at actively reducing exposition to downside risk and promoting exposition to upside opportunities. It stands at the hinge between pure finance and other areas of decision making under risk such as...

(Sous la direction de Michel Poitevin) Impartition et sous-traitance apparaissent souvent comme des synonymes : pourtant, les deux termes recoupent des réalités distinctes. La sous-traitance renvoie aux modalités - économiques ou légales - de toute forme de délégation. L'impartition...