Results 141 to 150 of about 76,828 (293)
ABSTRACT Corruption, particularly in the corporate sector, is a major sustainable development problem since it affects the balanced development of society, the environment, and the economy. Although it is well acknowledged that a unified organizational culture is essential for fostering a sustainable enterprise and that a suitable culture can reduce ...
Pana Ratanabanangkoon +1 more
wiley +1 more source
Shaping expectations, losing flexibility: A study of CEO promises as strategic communication tools
Abstract Research Summary CEO promises are powerful but understudied communication tools. We develop a dual‐mechanism framework theorizing that while CEO promises elevate stakeholder expectations, they simultaneously constrain strategic flexibility. We argue that CEO promise‐making is shaped by two competing pressures: making more promises when the ...
Majid Majzoubi +2 more
wiley +1 more source
The effect of elicitation methods on ambiguity aversion: an experimental investigation [PDF]
In this paper we elicit preferences for the classical three-color Ellsberg Paradax employing three different methods, choices, minimal selling prices and maximal buying prices. The resulting data reveal a high frequency of preference reversals which have
Anna Maffioletti +2 more
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Ambiguity and equity premium in production economies [PDF]
We propose a novel one-sector stochastic growth model, where producitivity growth follows a Markov-switching process with two regimes, and where households have generalized recursive smooth ambiguity preferences.
Jahan-Parvar, Mohammad R., Liu, Hening
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Abstract Research Summary Board human capital theory posits that directors' skills shape firm behavior. Most studies, however, examine one skill type at a time, assuming that each director contributes independently of the other skills represented on the board.
Stevo Pavićević +2 more
wiley +1 more source
Who Would Benefit from Simplifying the Tax Code? Frank Knight and Gustave Choquet Meet the Internal Revenue Service [PDF]
We consider the classic Allingham and Sandmo (1972) tax compliance problem in the context of the Choquet-Schmeidler Expected Utility (CSEU) model, using the Non—Extremal Outcome (NEO)- additive capacities proposed by Chateauneuf, Eichberger, and Grant ...
Grégoire ROTA-GRAZIOSI +1 more
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Rethinking Face‐to‐Face Interaction: Lessons from Studies of “Autistic Sociality”
Face‐to‐face interaction is a foundational concept in microsociology. This article surveys the social experiences of autistic people, who are commonly known for having a strained relationship with interactions face to face. By interpretively reviewing and synthesizing the broader literature on “autistic sociality,” the article provides a nuanced ...
Lars E. F. Johannessen
wiley +1 more source
Ambiguity Aversion and the Term Structure of Interest Rates [PDF]
This paper studies the term structure implications of a simple structural economy in which the representative agent displays ambiguity aversion, modeled by Multiple Priors Recursive Utility.
Fabio Trojani +2 more
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Social information about others' affective states in a human‐altered world
Faced with anthropogenic change, animals now encounter challenges different from their evolutionary past. To cope with such challenges, animals may use social information about others' affective states to guide their decisions. Considering affective states of wild animals could have important implications for animal welfare and wildlife conservation ...
Luca G. Hahn +4 more
wiley +1 more source
The role of intuition and reasoning in driving aversion to risk and ambiguity [PDF]
Using information on a large sample of retail investors and experimental data we find that risk aversion and risk ambiguity are correlated: individuals who dislike risk also dislike ambiguity. We show that what links these traits is the way people handle
Jeffrey V. Butler +2 more
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