Increasingly, managers live in a world of paradox. For instance, they are told that they must manage by surrendering control and that they must stay on top by continuing to learn, thus admitting that they do not fully know what they do. Paradox is becoming increasingly pervasive in and around...

The years following the Second World War are those of greatest economic growth in Europe. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland, also neutral but...

We study the impact of access regulation in a telecommunications market on an entrant's decision whether to invest in a network or ask for access when the regulator cannot observe its potential demand. Since the entrant has incentives to not compete vigorously right after entry in order to...

We introduce a notion of upper semicontinuity, weak upper semicontinuity, adn show that it, together with a weak form of payoff security, is enough to guarantee the existence of Nash equilibria in compact, quasiconcave normal form games.

The literature on organizations is replete with deal-type-theories. Most of them take the whole organization as their level of analysis and study the ideal organization from an objective and macro point of view (e.g. the bureaucracy). Less is known, however, about what the ideal organization...

We analyze the impact of mandatory access on the infrastructure investments of two competing communications networks, and show that for low (high) access charges ?rms wait (preempt each other). Contrary to previous results, under preemption a higher access charge can delay ?rst investment. While...

Part of the way venture capitalists add value to portfolio firms is by obtaining and transferring information about senior managers across firms over time. Information transfer occurs on a significant scale and takes place both among a single venture capitalists portfolio firms and between...

The purpose of this paper is to study the implications of introducing a stochastic stock in a multi-gear and age structured bio-economic model for the Northern Atlantic Bluefin tuna. In order to account for variations on the recruitment, uncertainty is introduced on a bilinear recruitment...