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Gaining highly skilled human capital is one of the key motivations for mergers and acquisitions (M&A), particularly in knowledge-intensive sectors such as the technology industry. However, the inherent cultural differences and organizational misalignments during the integration process can lead...
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One of the main results of “Robust Contract Designs: Linear Contracts and Moral Hazard” by Yu and Kong (2020) is Proposition 4, which states that the optimal robust contract with a piecewise linear concave agent utility only consists of progressive fixed payments and linear rewards with...
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Microarray technology has made it possible to investigate expression levels, and more recently methylation signatures, of thousands of genes simultaneously, in a biological sample. Since more and more data from different biological systems or technological platforms are being generated at an...
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