Showing 21 - 30 of 500
We study the economics of litigation with a particular focus on litigation finance. Based on an extensive data set covering civil lawsuits reported by U.S. Federal Courts since 1977, we first present a set of stylized empirical facts about lawsuits at the trial phase. Grounded in these insights,...
Persistent link: https://www.econbiz.de/10013289072
Persistent link: https://www.econbiz.de/10011892465
With rising political debates about the role of environmental, social, and corporate governance (ESG), companies must rethink their prioritization of different stakeholder groups. We thus examine how management represents stakeholder satisfaction and interdependencies. To this end, we extract...
Persistent link: https://www.econbiz.de/10014353820
U.S. antitrust laws have repeatedly responded to the changing needs of the nation’s economy. As the marketplace grows ever more data-driven, we find ourselves at yet another critical economic juncture that requires us to revisit antitrust practices to ensure healthy and sustainable...
Persistent link: https://www.econbiz.de/10014086920
The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of...
Persistent link: https://www.econbiz.de/10014481837
We develop the concept of “dragon-kings” corresponding to meaningful outliers, which are found to coexist with power laws in the distributions of event sizes under a broad range of conditions in a large variety of systems. These dragon-kings reveal the existence of mechanisms of...
Persistent link: https://www.econbiz.de/10003971094
This short review presents a selected history of the mutual fertilization between physics and economics, from Isaac Newton and Adam Smith to the present. The fundamentally different perspectives embraced in theories developed in financial economics compared with physics are dissected with the...
Persistent link: https://www.econbiz.de/10010411863
Humankind is confronted with a "nuclear stewardship curse'', facing the prospect of needing to manage nuclear products over long time scales in the face of the short-time scales of human polities. I propose a super Manhattan-type effort to rejuvenate the nuclear energy industry to overcome the...
Persistent link: https://www.econbiz.de/10011296090
Persistent link: https://www.econbiz.de/10001665257
Persistent link: https://www.econbiz.de/10004797924