Three Essays on Competition and Interactions
Author : Jaesoo Kim
Publisher :
Page : 212 pages
File Size : 33,4 MB
Release : 2009
Category : Competition
ISBN :
Author : Jaesoo Kim
Publisher :
Page : 212 pages
File Size : 33,4 MB
Release : 2009
Category : Competition
ISBN :
Author : Valeri Sorolla Amat
Publisher :
Page : 258 pages
File Size : 38,2 MB
Release : 1992
Category :
ISBN :
Author : Iván Blanco
Publisher : Ed. Universidad de Cantabria
Page : 90 pages
File Size : 39,67 MB
Release : 2019-02-15
Category : Business & Economics
ISBN : 8481028770
Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard measures of firm innovation. Our baseline results show that firms with more options trading activity generate more patents and patent citations per dollar of R&D invested. We then investigate how more active options markets affect firms' innovation strategy. Our results suggest that firms with greater trading activity pursue a more creative, diverse and risky innovation strategy. We discuss potential underlying mechanisms and show that options appear to mitigate managerial career concerns that would induce managers to take actions that boost short-term performance measures. Finally, using several econometric specifications that try to account for the potential endogeneity of options trading, we argue that the positive effect of options trading on firm innovation is causal.
Author : Martin Shubik
Publisher : MIT Press
Page : 472 pages
File Size : 38,94 MB
Release : 1999
Category : Business & Economics
ISBN : 9780262693110
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Author : Eidan Apelbaum
Publisher :
Page : 210 pages
File Size : 17,85 MB
Release : 2000
Category : Brand name products
ISBN :
Author : Chanho Song
Publisher :
Page : 378 pages
File Size : 20,15 MB
Release : 2000
Category :
ISBN :
Author : Erin Cavusgil
Publisher :
Page : 260 pages
File Size : 35,38 MB
Release : 2008
Category : Gastrointestinal agents
ISBN :
Author : Xiaolong Liu
Publisher : Rozenberg Publishers
Page : 132 pages
File Size : 28,62 MB
Release : 2010
Category :
ISBN : 9036101999
Author : Roger White
Publisher :
Page : 768 pages
File Size : 34,79 MB
Release : 2004
Category :
ISBN :
Author : Sigmund Freud
Publisher : E-Kitap Projesi & Cheapest Books
Page : 93 pages
File Size : 41,9 MB
Release : 2024-11-08
Category : Psychology
ISBN : 6057566793
In his later work, Freud proposed that the human psyche could be divided into three parts: Id, ego and super-ego. Freud discussed this model in the 1920 essay Beyond the Pleasure Principle, and fully elaborated upon it in The Ego and the Id (1923), in which he developed it as an alternative to his previous topographic schema (i.e., conscious, unconscious and preconscious). The id is the completely unconscious, impulsive, childlike portion of the psyche that operates on the "pleasure principle" and is the source of basic impulses and drives; it seeks immediate pleasure and gratification. Freud acknowledged that his use of the term Id (das Es, "the It") derives from the writings of Georg Groddeck. The super-ego is the moral component of the psyche, which takes into account no special circumstances in which the morally right thing may not be right for a given situation. The rational ego attempts to exact a balance between the impractical hedonism of the id and the equally impractical moralism of the super-ego; it is the part of the psyche that is usually reflected most directly in a person's actions. When overburdened or threatened by its tasks, it may employ defense mechanisms including denial repression, undoing, rationalization, repression, and displacement. This concept is usually represented by the "Iceberg Model". This model represents the roles the Id, Ego, and Super Ego play in relation to conscious and unconscious thought. Freud compared the relationship between the ego and the id to that between a charioteer and his horses: the horses provide the energy and drive, while the charioteer provides direction.