Results 161 to 170 of about 144,353 (287)

Bidding Rings in Repeated Auctions. [PDF]

This paper considers the question of tacit collusion in repeated auctions with independent private values. McAfee and McMillan show that the extent of collusion is limited by the availability of transfers.
Hopenhayn, H., Skrzypacz, A.
core  

Mutual fund director compensation

Journal of Financial Research, EarlyView.
Abstract We examine director compensation using a large sample of hand‐compiled U.S. mutual fund data. We find that director compensation is positively correlated with observable productive characteristics—workload, experience, and demographics—that capture the benefits from the directors’ monitoring effort.
John Adams, Sattar Mansi, Takeshi Nishikawa   +2 more
wiley   +1 more source

Revocable and Traceable Decentralized ABE for P2P Networks. [PDF]

Entropy (Basel)
Gao D, Xu H, Qian S.
europepmc   +1 more source

Product Innovation and Stability of Collusion [PDF]

We study the nature of market competition in relation to stability of collusion in the infinitely repeated play of a two-stage game of product innovation and market competition, and show that cooperation in giving R&D efforts is more easily sustained ...
Bibhas Saha, Sougata Poddar
core  

ESG, Bank Debt and Firm Value: A Signaling Perspective

Journal of International Financial Management &Accounting, EarlyView.
ABSTRACT This paper delves into the influence of bank debt in shaping the relationship between environmental, social, and governance (ESG) performance and a firm's value. As a result of the superior informational and monitoring functions of bank borrowers in their lending relationships, we argue that a firm's degree of bank debt might signal the ...
Gabriel De la Fuente, Pilar Velasco
wiley   +1 more source

A game study on the evolution of carbon emission reduction behavior of Chinese power enterprises. [PDF]

Sci Rep
Liu Y, Gao C, Liu J.
europepmc   +1 more source

Patents Hinder Collusion [PDF]

We argue that a patent system makes collusion among innovators more difficult. Our simple argument is based on two properties of the patent system. First, a patent not only protects against infringement but also against retaliation by former collusion ...
Juuso Toikka, Klaus Kultti, Tuomas Takalo   +2 more
core  

Ploughing for Justice: Land Return, Clientelism and Citizenship in Central Burma

Journal of Agrarian Change, EarlyView.
ABSTRACT This article asks if clientelism is a form of citizenship in an agrarian society under military domination. It focuses on the efforts made by villagers in central Burma to recover land previously grabbed by force by the military state. A promise of land return during the political transition of the 2010s enabled dispossessed farmers to define ...
Stéphen Huard, Mya Dar Li Thant
wiley   +1 more source

Secure Hierarchical Asynchronous Federated Learning with Shuffle Model and Mask-DP. [PDF]

Sensors (Basel)
Chen Y, Ai D, Yan L.
europepmc   +1 more source

Public markets tailored for the cartel - Favoritism in procurement auctions - [PDF]

In this paper, we investigate interaction between two firms, which are engaged in a repeated procurement relationship modelled as a multiple criteria auction, and an auctioneer (a government employee) who has discretion in devising the selection criteria.
Ariane Lambert-Mogiliansky, Grigory Kosenok   +1 more
core