Search Results - "Zauner, Klaus G."
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The impact of equity ownership groups on investment: Evidence from Ukraine
Published in Economic modelling (01-08-2017)“…We empirically investigate the impact of different ownership groups on companies’ investment in Ukraine with a novel dynamic investment model where investment…”
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Investment behavior and ownership structures in Ukraine: Soft budget constraints, government ownership and private benefits of control
Published in Journal of Comparative Economics (01-02-2013)“…► Analysis of the impact of ownership variables on investment for a sample of firms. ► Investment determined by marginal Q and private benefits of control. ►…”
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The financial and economic performance of social banks
Published in Applied economics (27-07-2018)“…The financial crisis of 2008 provides evidence for the instability of the conventional banking system. Social banks may present a viable alternative for…”
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A competitive analysis of fail fast: Shakeout and uncertainty about consumer tastes
Published in Journal of economic behavior & organization (01-09-2020)“…•We analyze the market implications of the “fail fast” business strategy.•Firms’ uncertainty about consumer preferences is key in new economy industries.•The…”
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Product differentiation and location decisions under demand uncertainty
Published in Journal of economic theory (01-08-2004)“…We investigate Hotelling's duopoly game of location-then-price choices with quadratic transportation costs and uniformly distributed consumers under the…”
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INVESTMENT BEHAVIOUR, CORPORATE CONTROL, AND PRIVATE BENEFITS OF CONTROL: EVIDENCE FROM A SURVEY OF UKRAINIAN FIRMS
Published in Bulletin of economic research (01-10-2015)“…ABSTRACT We analyse the impact of ownership and corporate control on firms’ investment using the 2001 survey of Yacoub et al. on Ukrainian firms. The model…”
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A Payoff Uncertainty Explanation of Results in Experimental Centipede Games
Published in Games and economic behavior (01-01-1999)“…This paper investigates how well a simple two-sided incomplete information game with a full support prior can be used to explain non-Nash equilibrium outcomes…”
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Quality Diversity and Prices in Markets for Experience Goods
Published in Journal of economics & management strategy (01-09-2011)“…We analyze vertical product differentiation in a model where a good’s quality is unobservable to customers before purchase, a continuum of quality levels is…”
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Uncertain spatial demand and price flexibility: A state space approach to duopoly
Published in Economics letters (01-10-2011)“…Sufficient conditions for a unique price equilibrium, in terms of the uncertainty distribution and the state contingent consumer distributions, are given for…”
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On stakeholder theory and corporate investment under financial frictions
Published in International journal of finance and economics (05-02-2024)“…Abstract The view that corporations have a wider focus than just maximising shareholder value has received considerable attention from practitioners, managers,…”
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Location-Then-Price Competition with Uncertain Consumer Tastes
Published in Economic theory (01-06-2005)“…We investigate Hotelling's duopoly game of location-then-price choices with quadratic transportation costs and uniformly distributed consumers under the…”
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Ultimatum Bargaining Behavior in Israel, Japan, Slovenia, and the United States: A Social Utility Analysis
Published in Games and economic behavior (01-02-2001)“…We explain the main features of the results of the four-country ultimatum bargaining experiments of Roth et al. (1991), Amer. Econom. Rev.81, 1068–1095) by a…”
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Cross-subsidization when Firms Are Allowed to make Non-zero Profits
Published in International journal of the economics of business (01-07-2004)“…Faulhaber's (1975) concept of cross-subsidization is of crucial importance for regulatory activities. Its basic idea that customers demanding a good should not…”
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The existence of equilibrium in games with randomly perturbed payoffs and applications to experimental economics
Published in Mathematical social sciences (01-09-2002)“…I present an equilibrium existence result for games with perturbed payoffs by extending Milgrom and Weber’s [Mathematics and Operations Research 10 (1985) 619]…”
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Learning, non-equilibrium beliefs, and non-pecuniary payoffs in an experimental game
Published in Economic theory (01-09-2003)“…We present a parametric learning model of players' dynamic and possibly out-of-equilibrium beliefs about other players' preferences that also incorporates…”
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LUINI, LUIGI, ed. Uncertain Decisions: Bridging Theory and Experiment (Book Review)
Published in Journal of Economic Literature (01-06-2000)Get full text
Book Review -
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Uncertain decisions: bridging theory and experiment
Published in Journal of economic literature (01-06-2000)Get full text
Book Review -
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Uncertain Decisions: Bridging Theory and Experiments
Published in Journal of Economic Literature (01-06-2000)Get full text
Book Review Journal Article