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[eng] From an economic point of view, the antidumping process included in the WTO legislation seems to contain numerous imperfections. Such imperfections drive the authorities to overestimate in a systematic way antidumping cases and the necessity for sanctions. Antidumping duties imply high...
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[eng] Foreign direct investment and sequential entries. . The paper studies the choice between export and FDI taking into account the sequential aspect of rivals' decisions. A plant producing abroad operate like a preemptive credible commitment. It can allow the first-mover to deter direct...
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Empirical research documents that overconfidence has a strong impact on investment decision. In this experimental study using a within-subject design and an asset allocation problem, we detail this relationship by introducing a stage of judgment (initial knowledge about the assets to invest in)...
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This article examines the link between uncertainty and analysts' reaction to earnings announcements for a sample of European firms during the period 1997-2007. In the same way as Daniel et al. (1998), we posit that overconfidence leads to an overreaction to private information followed by an...
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