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This Article addresses puzzles relating to the allocation of grandfathering rights. First, when a government wishes to distribute grandfathering rights to societal actors who currently engage in a behavior that will soon be restricted, the societal actors may engage in inefficient behavior to...
Persistent link: https://www.econbiz.de/10014145479
Performance is the lifeblood of a firm's management. Performance itself depends on the adaptation of strategy, based on learning and the environment. An important way that firms adapt their strategy is through imitation or mimetic isomorphism. Imitation implies a referent for such adaptations....
Persistent link: https://www.econbiz.de/10014133045
The assessment of investment strategies in R D of the textile products manufacturing sector in Bogotá permitted to identify the advantages and disadvantages of these strategies in the view of the attitudes to uncertainty of managers and competitive positions in the market, determining the best...
Persistent link: https://www.econbiz.de/10013109884
This study identifies a severe gap between the financial backlash borrowers believe awaits them after strategic mortgage default and the reality that lenders rarely pursue deficiency judgments. This, coupled with the social norm finding that borrowers widely view strategic default as immoral,...
Persistent link: https://www.econbiz.de/10013087290
theory where the capacity level is given. We consider a monopoly setting as well as a duopoly setting. Our main results are …
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