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The efficient allocation of control rights in inter-firm collaborations is a widely emphasized issue. In this paper, I empirically identify control rights and the allocation of these rights using a unique survey data set on collaborations between biotechnology and pharmaceutical firms. Fifteen...
Persistent link: https://www.econbiz.de/10005785843
In standard market theory demand and cost functions have to be known to compute optimal price or quantity responses. In case of risk or uncertainty the decisions depend on expectations, i.e. estimated parameters. Even in case of rational inference these expectations itself are uncertain, at...
Persistent link: https://www.econbiz.de/10005786075
. Such errors occur when agents have limited information processing capacities. A performance criterion is provided to … rules due to performance differences. …
Persistent link: https://www.econbiz.de/10005786083
This study uses a multi-output multi-input Data Efficiency Analysis (DEA) to estimate the performance of all thirty …
Persistent link: https://www.econbiz.de/10005786916
The performance of the public sector affects us all. There are at least three reasons why we should be interested in … performance within the public sector represents a concept not so analyzed and rarely applied in practice. There is not the same …
Persistent link: https://www.econbiz.de/10005786996
differences between Super- and Normal- players in the performance of four teams which participate in the UEFA CL group matches …, enhances effort and the teams manage to qualify. When performance is measured by points’ maximization, higher wage equality … seems to improve the performance of three teams, irrespectively if the elasticity of substitution between Super- and Normal …
Persistent link: https://www.econbiz.de/10005787105
output performance. An econometric model is specified and estimated with Community Innovation Survey data for the Netherlands …
Persistent link: https://www.econbiz.de/10005787147
Using detailed data on currency transactions of institutional investors, this paper shows that funds that experience high returns on their currency holdings also execute currency trades at more favourable prices. This observation is consistent with foreign exchange dealers bidding for...
Persistent link: https://www.econbiz.de/10005788969
This paper compares the performance results of Spanish mutual fund managers and the market timing results obtained …
Persistent link: https://www.econbiz.de/10005753708
the job enrichment sense and perceived performance based on survey and interview data from the Danish insurance industry …
Persistent link: https://www.econbiz.de/10005753785