Browsing Economic Theory by Title
Now showing items 1-20 of 21
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Accountability of the European Central Bank in a Deepening Economic and Monetary Union
(Oxford University Press, 2017-02-16)This chapter examines the democratic dimension of the burgeoning competence of the European Central Bank (ECB) in the functioning of the EMU in the aftermath of the euro crisis. It begins by laying out the EU’s general ... -
ANALYTICAL POLITICAL ECONOMY
(2017-12) -
Beyond Shareholder Wealth Maximisation Towards a More Suitable Corporate Objective for Chinese Companies
(Routledge, 2017-09-08)The corporate objective, namely, in whose interests a company should be run, is the most important theoretical and practical issue confronting us today, as this core objective animates or should animate every decision a ... -
The International Diffusion of Regulatory Governance
(Wiley, 2017-07-11)This paper attempts to go beyond actor-centered explanations of the European Union's (EU) presence in regulatory politics by examining the role of the EU in the diffusion of regulatory norms and practices. We explore the ... -
International Financial Reporting Standards (IFRS): Stress Testing in Financialized Reporting Entities
(2017-11-04)Financialisation is a process by which windfall capital market gains are crystallised from future earnings over and above those available from current earnings and profit. Accounting numbers reported by business firms are ... -
Logical omniscience at the laboratory
(2016-10)This paper investigates the ability of individuals to make complex chains of reasoning, similar to those underlying the logic of iterated deletion of dominated strategies. Controlling for other-regarding preferences and ... -
One million miles to go: taking the axiomatic road to de ning exploitation
(Oxford University Press (OUP): Policy E - Oxford Open Option D, 2017-11-06)This paper analyses the Marxian theory of exploitation. The axiomatic approach standard in social choice theory is adopted in order to study the concept of exploitation—what it is and how it should be captured empirically. ... -
Plant exit and U.S. imports from low-wage countries
(2016-09-15)© 2016 CEPII (Centre dEtudes Prospectives et dInformations Internationales), a center for research and expertise on the world economy Over the past twenty years, imports to the U.S. from low-wage countries have increased ... -
PROFITING FROM ARBITRAGE AND ODDS BIASES OF THE EUROPEAN FOOTBALL GAMBLING MARKET
(2013)A gambling market is usually described as being inefficient if there are one or more betting strategies that generate profit, at a consistent rate, as a consequence of exploiting market flaws. This paper examines the online ... -
The Provision of Relative Performance Feedback: An Analysis of Performance and Satisfaction
(2016-03-01)© 2016 Wiley Periodicals, Inc. This paper studies the effect of providing relative performance feedback on individuals' performance, under two incentive schemes. In a laboratory setup, agents perform a real-effort task. ... -
Repeated Nash implementation
(Econometric Society, 2017-01-30)We study the repeated implementation of social choice functions in environments with complete information and changing preferences. We define dynamic monotonicity, a natural but nontrivial dynamic extension of Maskin ... -
Rethinking Financial Reporting: Reinstating the Social License of Limited Liability
(2017-11-16)Shyam Sunder’s monograph ‘Rethinking Financial Reporting: Standards, Norms and Institutions’ explores the extent to which it is possible to deliver ‘better financial reporting’ so as to support investment decision making ...
