1,721,577 research outputs found
Lüneburg, Roter Hahn, G. Peters Papierhandl., Buch & Steindruckerei
No full textLÜNEBURG, ROTER HAHN, G. PETERS PAPIERHANDL., BUCH & STEINDRUCKEREI
Lüneburg, Roter Hahn, G. Peters Papierhandl., Buch & Steindruckerei ( -
Market-based executive compensation contract under endogenous information acquisition
No full textThe study investigates how a publicly traded firm��s liquidation value and stock price are used in an executive compensation contract when information acquisition in the asset market is endogenized. If the inside owner offers market-based compensation contract to the risk-averse manager, the inside owner expects higher utility than when stock prices are excluded from the contract. If information cost displays an intermediate value, changes in the exogenous parameters generate the direct effect and the indirect effect via the information market. Finally, we find that the market-based compensation contract contributes to the increase of social welfare. ? 2019, Korean Econometric Society. All rights reserved.11Nscopu
A Note on Equilibrium in Constrained Incomplete Markets with Non-Ordered Preferences
No full text11scopuskc
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Startup Financing with Patent Signaling under Ambiguity
No full textThis paper investigates the effects of ambiguity and risk aversion on asset price volatility when uninformed traders face ambiguity. We find that the effects of ambiguity on price volatility depend on the degree of risk aversion. If the degree of risk aversion is sufficiently low, then ambiguity has little influence on price volatility, even when the degree of ambiguity is extremely high or almost all traders have ambiguous information. In contrast, if traders are sufficiently risk‐averse, ambiguity effects on price volatility are amplified by the degree of risk aversion.110Nssciscopuskc
How Do Ambiguity and Risk Aversion Affect Price Volatility under Asymmetric Information?
No full textThis paper investigates the effects of ambiguity and risk aversion on asset price volatility when uninformed traders face ambiguity. We find that the effects of ambiguity on price volatility depend on the degree of risk aversion. If the degree of risk aversion is sufficiently low, then ambiguity has little influence on price volatility, even when the degree of ambiguity is extremely high or almost all traders have ambiguous information. In contrast, if traders are sufficiently risk‐averse, ambiguity effects on price volatility are amplified by the degree of risk aversion.11scopu
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