Over the last decade the Danish corporate environment has experienced a significant increase in the use of option-based compensation (OBC). This and many other facts are documented in the present paper which provides the first insights into the characteristics of the option and warrant contracts...

House and flat prices have been through a tremendous bust and boom cycle in Denmark. From 1986 to 1993 real prices for houses and flats dropped by one third on average, foreclosures accounted for around 1/6 of the house and flat turnovers in numbers, and in reality the market for owner-occupied...

This paper analyzes whether the price-output ratio (the cpy-ratio) predicts real stock returns <p> in twelve OECD countries. The cpy-ratio is a ratio of a share price to a macroeconomic <p> variable. Traditionally, either ratios of purely financial indicators, ratios of purely <p> macroeconomic...</p></p></p>

We conduct an analysis of legal pre-emption rights in which a beneficiary has a right but not an obligation to acquire a specific good at a certain price. We analyse how such an option influences seller and other prospective buyers. Furthermore, we address the question of the efficiency loss if...

Working with usability techniques, with focus on how a given technique enables data capture made us ask the question: What kind of information is it an HCI expert want from the user when conducting a usability test? We answer the question by discussing two techniques both relying on concurrent...

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In recent years, the leading Japanese wireless operator NTT DoCoMo has risen from being largely unknown outside Japan to international fame. Ground-breaking service innovations such as the world’s first wireless internet service, I-mode, the world’s first third generation wireless service...

Intet abstract

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