Results 211 to 220 of about 531,318 (268)

Strategic Stake Acquisitions in Rival Firms: Common vs. Cross‐Ownership

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We study how a blockholder who controls a firm should acquire a minority stake in a rival: directly, creating common ownership, or indirectly through the controlled firm, creating cross‐ownership. Common ownership generates stronger internalization of competitive externalities and allows the blockholder to capture the resulting gains without ...
Vincenzo Denicolò, Fausto Panunzi
wiley   +1 more source

Determinants of generalized trust: Economic, Institutional, and personal factors. [PDF]

open access: yesOpen Res Eur
Ruiz-Ogarrio JS   +3 more
europepmc   +1 more source

Cyber(in)security and Interoperability in Digital Services

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT This paper investigates the interplay between interoperability and the incentives to invest in cybersecurity in digital markets. We develop a two‐sided symmetric duopoly model in which cyberattacks create a congestion‐like externality, and interoperability amplifies hackers' incentives to target connected platforms.
Stefano Comino   +2 more
wiley   +1 more source

The Incentive Virtues of Performance‐Based Trade Allowances and Loss Leading

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT A retailer can boost demand for a manufacturer's product through non‐verifiable activities. Performance‐based trade allowances—rebates conditional on the retailer's successful sales efforts—help mitigate this moral hazard problem. In equilibrium, the wholesale contract includes a retail price set below cost, complemented by a rebate for ...
David Martimort, Jérôme Pouyet
wiley   +1 more source

Seeing the World Through a Dark Lens: The Dark Core of Personality and Its Relation to Primal World Beliefs

open access: yesJournal of Personality, EarlyView.
ABSTRACT Objective Aversive (“dark”) personality traits are traditionally studied as predictors of harmful or manipulative behavior, yet their underlying cognitive‐affective structures remain underexplored. This research investigates whether the Dark Core of personality (D)—the common aversive essence of all dark traits—is associated with primal world ...
Robin Schrödter, Benjamin E. Hilbig
wiley   +1 more source

Analysing reforms of social security disability pension provision in a multistage overlapping generations model

open access: yesJournal of Risk and Insurance, EarlyView.
Abstract This paper introduces a multi‐stage Overlapping Generations (OLG) model of workers and retirees, segmented by disability status and eligibility for Disability Pension (DP) benefits. Extending Gertler (1999) with progressive disability stages of distinct productivity and transition probabilities, and calibrated to US data, the model generates ...
Hangsuck Lee   +3 more
wiley   +1 more source

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