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We study all-pay auctions with variable rewards under incomplete information. In standard models, a reward depends on a bidder!s privately known type; however, in our model it is also a function of his bid. We show that in such models there is a potential for paradoxical behavior where a...
Persistent link: https://www.econbiz.de/10008852258
Professional doctorate programmes have recently emerged around the globe as an alternative to the more traditional research based doctoral programmes and have expanded rapidly to the point where professional doctorates are now the dominant form of doctorate education. This paper aims to shed...
Persistent link: https://www.econbiz.de/10008852701
Resumen: Desde la Perspectiva Basada en los Recursos, la competitividad de las empresas depende críticamente de activos acumulados por la organización; en particular, la atención de los analistas se centra con frecuencia en las denominadas capacidades de innovación". En esta dirección, una...
Persistent link: https://www.econbiz.de/10008854338
We study a sequential all-pay auction where heterogeneous contestants are privately informed about a parameter (ability) that affects their cost of effort. In the case of two contestants, contestant 1 (the first mover) makes an effort in the first period, while contestant 2 (the second mover)...
Persistent link: https://www.econbiz.de/10008854484
The ambition of this research is to identify the determinants of internet financial communication of small- and medium-sized firms quoted on non-regulated markets in Belgium. First, a scoring was established to determine the intensity with which firms use the internet as a vector of financial...
Persistent link: https://www.econbiz.de/10011143883
This paper examines the internet financial disclosure of 34 companies listed on un-regulated markets in Brussels and 34 twin firms quoted in Paris. The purpose of this research is twofold. First, we study the level of internet financial disclosure and we compare the levels of French and Belgian...
Persistent link: https://www.econbiz.de/10011143914
Several authors have demonstrated the importance of inter-organizational relationships for the development of biotechnology companies. Most of the works on this industrial sector analyze exclusively the contractual agreements of the companies. In this article, we propose to extend the study of...
Persistent link: https://www.econbiz.de/10011144033
Community on the Watch: Making Sense of IS Research through the Lens of Espoused Theories of IS In the IS field there has been an ongoing tradition to study the publication output of the community in order to evaluate the current and potential situation of IS research. In this work, we follow a...
Persistent link: https://www.econbiz.de/10011144043
technical change indicates evidence of innovation in these countries. …
Persistent link: https://www.econbiz.de/10011145588
We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of some new equipment or technology. Breakdowns occur at the jump times of a Poisson process whose unknown intensity is either high or low. In marked contrast to existing models, we...
Persistent link: https://www.econbiz.de/10011145593