Results 141 to 150 of about 5,214 (240)

Optimal Pricing of Public Franchises With Imperfectly Correlated Demand Shocks

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT In a dynamic adverse selection setting with private information about stochastic consumer preferences, we study the pricing of franchise rights when the awarding government body has to balance between revenue collection and consumer welfare. In this environment, we show that optimal pricing requires an appropriate combination of fixed and time‐
Marco Buso, Cesare Dosi, Michele Moretto
wiley   +1 more source

Do temporary changes in earnings caused by mean reversion affect firms’ refinancing decisions?

open access: yesJournal of Financial Research, EarlyView.
Abstract We develop a dynamic two‐stage trade‐off model with refinancing when earnings are mean reverting. Our model predicts a negative relation between profitability and leverage at refinancing due to conservative debt increases. With multiple rounds of refinancing, the leverage–profitability relation may turn positive when firms have substantial ...
Elettra Agliardi   +3 more
wiley   +1 more source

Size, not phylogeny, explains the morphology of the endosseous labyrinth in the crown clade Crocodylia

open access: yesJournal of Anatomy, Volume 246, Issue 4, Page 558-574, April 2025.
Here, we present the most complete dataset to date on the endosseous labyrinths of extant crocodylians. Using 3D geometric morphometrics, we show that allometry constitutes a major contributor of the shape variation of the crocodylian endosseous labyrinths and that the development of this structure is likely linked to the braincase conformation, in all
Yohan Pochat‐Cottilloux   +9 more
wiley   +1 more source

Factors impacting the complexity of the leporid intracranial joint

open access: yesJournal of Anatomy, EarlyView.
Anatomy of the intracranial joint and the 2D semi‐landmarks used to capture complexity in the intracranial joint. (a) The intracranial joint can be seen here (in red) between the parietal and occipital dorsally and the basioccipital and basisphenoid ventrally. In hares (as in this figure) the interparietals are fused to obliteration.
Amber P. Wood‐Bailey   +5 more
wiley   +1 more source

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