Social and Behavioral Sciences Commons^™

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Paolo Santella

No abstract provided.

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Carlo Drago

No abstract provided.

Investing In A Better Job, Michael Sack Elmaleh

Michael Sack Elmaleh

Investing time and money to attain "something" that allows a person to earn more in future wages is economically rational, if the present value of the additional future wages exceeds the present value of the investment cost in time and money to attain that "something". In our market economy, these attained "somethings" include college degrees, vocational and professional certifications, and equity ownership in small closely held businesses. Most small closely held businesses require the full time active management of the owner. Little or no free cash flow would be available to the investor if they chose to hire a non …

Leading Firms As Knowledge Gatekeepers In A Networked Environment, Deogratias Harorimana Mr

Dr Deogratias Harorimana

This chapter introduces the role of the knowledge gatekeeper as a mechanism by which knowledge is created and transferred in a networked environment. Knowledge creation and transfer are essential for building a knowledge based economy. The chapter considers obstacles that inhibit this process and argues that leading firms create a shared socio-cultural context that enables the condivision of tacit meanings and codification of knowledge. Leading firms act as gatekeepers of knowledge through the creation of shared virtual platforms. There will be a leading firm that connects several networks of clients and suppliers may not interact directly with one another, but …

Book Review 17 Me, Myself, And Why? The Secrets To Navigating Change By Lisa A. Mininni, William C. Mcpeck

William C. McPeck

This is my personal review of Me, Myself, and Why? The Secrets to Navigating Change by Lisa A. Mininni which was published in 2007 by PM Publishing.

Report On Key Design Elements Of Auctions Under Australia's Carbon Pollution Reduction Scheme, Peter Cramton

Peter Cramton

No abstract provided.

Auctions For Injecting Bank Capital (Addendum To 'A Troubled Asset Reverse Auction'), Peter Cramton, Lawrence M. Ausubel

Peter Cramton

Public discussion has turned, in the past few days, toward using some of the $700 billion in rescue funds for the injection of government money into banks in return for ownership stakes. The purpose of this short note, an addendum to “A Troubled Asset Reverse Auction,” is to describe an auction mechanism suitable for injections of capital into banks. The auctions would price the equity purchases through a competitive process.

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Paolo Santella

No abstract provided.

The Network-Firm As A Single Real Entity: Beyond The Aggregate Of Distinct Legal Entities, By Virgile Chassagnon. Discussion, Carlo Drago

Carlo Drago

No abstract provided.

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Carlo Drago

No abstract provided.

!!! بیمارستان, Sajjad Khaksari

SAJJAD KHAKSARI

داستان کوتاه «بیمارستان» ریشه در واقعیت های تلخ جامعه ما و پزشکان ما دارد

Auctioning Long-Term Gas Contracts In Colombia, Peter Cramton

Peter Cramton

This paper presents an approach to auctioning long-term gas contracts in Colombia. I propose an annual auction for long-term firm gas contracts. The auction would assign and price all firm gas contracts, with the exception of gas from the Guajira field, which is assigned administratively at a regulated price. The proposal is a partial market design in that it does not address the transportation of gas from producer to consumer.

The goal of the approach is to improve the transparency and efficiency of the gas market with a coordinated auction for long-term gas contracts. Currently, gas contracts are sold in …

A Review Of The L-Band Auction, Peter Cramton

Peter Cramton

In May 2008, Ofcom’s L-band auction concluded. This was Ofcom’s second combinatorial clock auction. The auction used an innovative format intended to encourage an efficient assignment of the 17 lots. Eight bidders competed for the lots. In sharp contrast to the first combinatorial clock auction, the 10-40 GHz auction, in which each of the ten bidders won spectrum, in the L-band auction there was a single winner—Qualcomm won all the lots. This note briefly reviews the auction.

A Troubled Asset Reverse Auction, Peter Cramton, Lawrence M. Ausubel

Peter Cramton

The US Treasury has proposed purchasing $700 billion of troubled assets to restore liquidity and solve the current financial crisis, using market mechanisms such as reverse auctions where appropriate. This paper presents a high-level design for a troubled asset reverse auction and discusses the auction design issues. We assume that the key objectives of the auction are to: 1) provide a quick and effective means to purchase troubled assets and increase liquidity; 2) protect the taxpayer by yielding a price for assets related to their value; and 3) offer a transparent rules-based process that minimizes discretion and favoritism. We propose …

The Quadratic Core-Selecting Payment Rule For Combinatorial Auctions, Peter Cramton, Robert Day

Peter Cramton

We report on the use of a quadratic programming technique in recent and upcoming spectrum auctions in Europe, and proposed for use in the FAA’s landing-slot auctions in the United States. Specifically, we compute a unique point “in the core” that minimizes the sum of squared deviations from the Vickrey-Clarke-Groves payments. Analyzing the Karush-Kuhn-Tucker conditions, we demonstrate that the resulting payments can be decomposed into a series of economically meaningful and equitable penalties, adding to the perceived “fairness” of this payment rule. Further, we discuss the many benefits of this combinatorial auction paradigm.

A Review Of The 10-40 Ghz Auction, Peter Cramton

Peter Cramton

In February 2008, Ofcom’s 10-40 GHz auction concluded. This was Ofcom’s first combinatorial clock auction. The auction used an innovative format intended to encourage an efficient assignment of the 27 lots. Each of the ten bidders won one or more lots. All 27 lots were assigned. This note briefly reviews the auction.

Book Review 16 Wellness Leadership: Creating Supportive Environments For Healthier And More Productive Employees By Judd Allen, Ph.D., William C. Mcpeck

William C. McPeck

This is my personal review of Wellness Leadership: Creating supportive environments for healthier and more productive employees by Judd Allen, Ph.D. which was published in 2008 by Healthycultures.com.

Implementación Del Cuadro De Mando Integral En El Tribunal De Cuentas De La Provincia De Mendoza., Marta Sofía Bombini, Juan Víctor Diblasi

Juan Víctor Diblasi

No abstract provided.

Indicadores De Gestion Para Los Municipios De La Provincia De Mendoza, Juan Víctor Diblasi, Marta Sofía Bombini

Juan Víctor Diblasi

No abstract provided.

Emergence Of Nanodistricts In The United States: Path Dependency Or New Opportunities?, Philip Shapira, Jan Youtie

Philip Shapira

Multiple economic development theories suggest that research and innovation in emerging technologies will cluster in certain locations rather then distributing equally among all regions. If this is the case, this distributional pattern has implications for where future economic opportunities as well as future risks will be concentrated. In this paper, we probe nanotechnology (hereafter nano) research and commercialization at a regional level. The study examines the top 30 US “nanodistricts” or metropolitan areas which lead in nanotechnology research activity over the 1990-2006 timeframe. We explore the factors underlying the emergence of these 30 metropolitan areas through exploratory cluster analysis. We …

Eureka! Winning Ways: Analysis Of Early Client Experiences, Lynne Manrique, Kamau Bobb, David Roessner, Jan Youtie, Philip Shapira

Philip Shapira

The Manufacturing Extension Partnership (MEP) of the National Institute of Standards and Technology (NIST) has a longstanding record of helping small- and medium-sized (SME) manufacturers to identify and implement technologies and practices that improve manufacturing efficiency and product quality. More recently, MEP has begun to build a growth services portfolio to assist manufacturers with the development of new products, new customers, and new markets. Its first growth services offering, called Eureka! Winning Ways (E!WW), was piloted in late 2006 and has been implemented widely since the beginning of 2008. To explore the nature of early E!WW client experiences, as well …

Esop Fables: The Impact Of Employee Stock Ownership Plans On Labor Disputes, Peter Cramton, Hamid Mehran, Joseph Tracy

Peter Cramton

By the early 1990s employee stock ownership plans (ESOPs) had become as prevalent in unionized firms as in nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining, or cross ownership more generally. In this paper, we extend the signaling model of Cramton and Tracy (1992) to allow partial ownership by the union. We demonstrate that ESOPs create incentives for unions to become weaker bargainers. As a result, the model predicts that ESOPs will lead to a reduction in strike incidence and in the fraction of labor disputes that involve a strike. We …

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Paolo Santella

No abstract provided.

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Carlo Drago

No abstract provided.

Another Chance - Reaffirming Human Rights For All, Effenus Henderson

Effenus Henderson

This article explores the opportunities, challenges and imperatives for reaffirming human rights around the world going forward. It identifies the myriad of principles and actions being taken by a number of organizations and entities. All have good intentions and notable goals. The challenge is how to build a more connected and coherent strategy that supports the continued evolution of human rights. It reinforces its alignment with environmental stewardship issues, social responsibility, globalization and entrepreneurial endeavors.

Coercing Consensus: Unintended Success Of The Octopus Electronic Payment System, Leung-Sea, Lucia Siu

Prof. SIU Leung-sea, Lucia

This paper contrasts the success and failure of two electronic payment systems in Hong Kong, Octopus and Mondex, during 1996-2002. The case illustrates the new properties of electronic currencies, and provides insights for product designers and regulators. Mondex was endowed with the full legal status of money, launched by a mammoth banking group, with Mondex cards given away for free to consumers. Yet the Mondex system went into oblivion within five years. Octopus started as a modest stored value transport ticket that required a deposit. It ended up as a city-wide multipurpose payment card used by 95% of the adult …

Book Review 13 The Art Of Happiness: A Handbook For Living By The Dalai Lama And Howard C. Cutler, M.D., William C. Mcpeck

William C. McPeck

This is my personal review of The Art of Happiness: A Handbook for Living by The Dalai Lama and Howard C. Cutler, M.D. and published by Riverhead Hardcover in 1998.

Book Review 15 The Future Of Management By Bill Breen And Gary Hamel, William C. Mcpeck

William C. McPeck

This is my personal review of The Future of Management by Bill Breen and Gary Hamel, published by Harvard Business School Press in 2007.

Book Review 14 The Art Of Happiness At Work By The Dalai Lama And Howard C. Cutler, M.D., William C. Mcpeck

William C. McPeck

This is my personal review of The Art of Happiness at Work by The Dalai Lama and Howard C. Cutler, M.D., published by Riverhead Trade in 2004.

A Comparative Analysis Of The Legal Obstacles To Institutional Investor Activism In Europe And In The Us (Pdf Format), Paolo Santella, Enrico Baffi, Carlo Drago, Dino Lattuca

Paolo Santella

No abstract provided.