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publications during that period. Application of the theory of organizational performance namely ‘Theory A' can improve research … hallmark of efficiency. In this paper, we have interconnected Theory A of organization performance with ABC model of research …
Persistent link: https://www.econbiz.de/10012934237
We extend the model of Anufriev and Bottazzi (2010) to the case with many assets. We show that under the procedural equilibrium, all assets with nonzero aggregate demand must have the same price returns. Heterogeneity in price returns appears when some assets face zero demand. In this case, the...
Persistent link: https://www.econbiz.de/10012934239
Regulators require auditors to raise significant audit issues and concerns to the attention of audit engagement leadership and requires leadership to encourage such communication. This paper demonstrates, using an experiment and a survey, that audit team members' willingness to speak up about...
Persistent link: https://www.econbiz.de/10012934244
intermediary has an incentive to reveal the information that maximizes its payoff, overlooking the other agents' interests …
Persistent link: https://www.econbiz.de/10012934255
policy makers. Scholars have not yet been able to develop a theory that systematically explains the interrelationship between … attempts to fill this gap by presenting a general theory that defines the disciplinary parameters of law and development, and … explains the mechanisms by which law impacts development. This article also demonstrates the validity of this general theory by …
Persistent link: https://www.econbiz.de/10012934256
A major limitation for e-commerce retailers remains the lack of physical touch and feel of products before purchase. Potential buyers may be reluctant to purchase such products online because of the limited ability to evaluate physical product attributes and to infer their performance in digital...
Persistent link: https://www.econbiz.de/10012934260
This paper clarifies issues debated by A.C. Pigou and Frank Knight about correcting inefficient use of congestible resources. Instead of government-imposed Pigouvian access fees, Knight favored access fees set by private toll-setters. For concreteness we use the original example of commuters...
Persistent link: https://www.econbiz.de/10012934261
This paper shows that a production network facilitates expectations-driven business cycles. Through input-output linkages, changes in expected demand can cause business-cycle fluctuations and endogenous movements in the Solow residual. When inputs must be purchased one period in advance,...
Persistent link: https://www.econbiz.de/10012934270
This paper sets forth a novel approach to calculate the levelized cost of electricity (LCOE) using a probabilistic model that accounts for endogenous input parameters. The approach is applied to the example of a nuclear and gas power project. Monte Carlo simulation results show that a...
Persistent link: https://www.econbiz.de/10012934271
This paper sets out to assess whether gross capital inflows to the Philippines are expansionary or contractionary in line with the model predictions and empirical findings of Blanchard et al. (2015). The results indicate that gross inflows are expansionary to output and credit growth. But...
Persistent link: https://www.econbiz.de/10012934280