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The efficient auction is designed to induce truthful bidding for bidders with affiliated values. Herein we implement the auction in the lab, and observe that inexperienced people can bid systematically in this more complex environment, albeit yielding a flatter bid function than the truthful.
Persistent link: https://www.econbiz.de/10005232914
outcomes. Keywords: Land Use, Spatial, Contingent Choice, Growth Management, Economics, Valuation …
Persistent link: https://www.econbiz.de/10005468514
Employee stock bonuses (ESBs) and employee stock options (ESOs) are the means for high-technology companies in Taiwan to reward their employees. This research connects the Ohlson (1995) model and Linear Structural Relations (LISREL) model to investigate these effects of ESBs and ESOs,...
Persistent link: https://www.econbiz.de/10005472364
paper is to estimate the benefits of groundwater protection by the valuation method choice experiments. This method allows …
Persistent link: https://www.econbiz.de/10005476815
A major threat to Hawaii's ecosystem is the spread of invasive plant species. One such species is Miconia calvescens. Given that this plant was originally introduced to Hawaii by the horticulture industry and has negative effects on agricultural productivity, it is logical to find the farm...
Persistent link: https://www.econbiz.de/10005477112
Valuation studies have considerably increased our knowledge of the value of ecosystems. Their usefulness has often been … undermined, however, by a failure to properly frame them so as to address the specific question of interest. Valuation is not a …. This paper seeks to clarify how valuation should be conducted to answer specific policy questions. In particular, it looks …
Persistent link: https://www.econbiz.de/10005118910
this issue can be in the environmental valuation of natural resources. The rationale for this influence may be found in the …
Persistent link: https://www.econbiz.de/10005121335
This paper focuses upon differences in the valuation of UK quoted and unquoted companies. It draws on empirical … spectrum of valuation statistics ranging from very minor discounts for non-listed companies relative to their quoted brethren …
Persistent link: https://www.econbiz.de/10005438059
We develop a valuation formula for analyzing high growth firms using the stages of an industry lifecycle. Our model is …
Persistent link: https://www.econbiz.de/10005561704
In the process of valuation of a company usually a number of experts work together in a team. The valuation formulas …
Persistent link: https://www.econbiz.de/10005561732