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For sequential decision processes with countable state spaces, we prove compactness of the set of strategic measures corresponding to nonrandomized policies. For the Borel state case, this set may not be compact (Piunovskiy, Optimal control of random sequences in problems with constraints....
Persistent link: https://www.econbiz.de/10010847644
This paper addresses constrained Markov decision processes, with expected discounted total cost criteria, which are controlled by non-randomized policies. A dynamic programming approach is used to construct optimal policies. The convergence of the series of finite horizon value functions to the...
Persistent link: https://www.econbiz.de/10010847733
This paper addresses constrained Markov decision processes, with expected discounted total cost criteria, which are controlled by non-randomized policies. A dynamic programming approach is used to construct optimal policies. The convergence of the series of finite horizon value functions to the...
Persistent link: https://www.econbiz.de/10010950147
For sequential decision processes with countable state spaces, we prove compactness of the set of strategic measures corresponding to nonrandomized policies. For the Borel state case, this set may not be compact (Piunovskiy, Optimal control of random sequences in problems with constraints....
Persistent link: https://www.econbiz.de/10010999682
This paper presents empirical evidence on the effects of the Sarbanes-Oxley Act of 2002 on the value of firms and on the cross-listing choice of firms destined to three major markets in North America, Asia and Europe. We use dynamic panel data methods and treatment effects methods to find that...
Persistent link: https://www.econbiz.de/10008490701
This paper presents empirical evidence on the effects of the Sarbanes-Oxley Act of 2002 on the value of firms and on the cross-listing choice of firms destined to three major markets in North America, Asia and Europe. We use dynamic panel data methods and treatment effects methods and find that...
Persistent link: https://www.econbiz.de/10010617248
Persistent link: https://www.econbiz.de/10001522453
Persistent link: https://www.econbiz.de/10007104853
International investment arbitral tribunals are increasingly tasked with resolving regulatory disputes. This relatively new form of dispute involves a challenge by a foreign investor to a host state's generally applicable regulation, enacted in good faith to promote the public interest but...
Persistent link: https://www.econbiz.de/10013004761
Because international law has traditionally been limited to state actors, the literature on business and human rights largely focuses on whether transnational corporations can be held responsible under international law. Less attention is paid to the question of what leads corporations to...
Persistent link: https://www.econbiz.de/10013049312