Search results for "DECISIONS"
showing 10 items of 85 documents
Incentive Properties of Residual Income when There is an Option to Wait
2005
Performance measures based on residual income are increasingly popular. The academic literature shows that residual income has important incentive properties when management bases investment decisions on the net present value (NPV) rule. My analysis focuses on the case in which investment decisions can be postponed, when management must extend the simple NPV rule by considering an option value. My analysis shows that some important incentive properties of residual income still hold when there is an option to wait, but only when the residual income measure is correctly adjusted. I also provide an incentive-based explanation of why the capital charge rate within firms is often significantly h…
BREVI NOTE SULL'ONERE DELLA PROVA NEL PROCESSO TRIBUTARIO
2019
La regola dell’onere della prova costituisce un pilastro fondamentale in ogni disciplina processuale. Essa si sviluppa in una molteplicita' di principi attraverso i quali il processo persegue la sua funzione, la ricerca della verita'. Nel processo tributario l’applicazione della regola dell’onere della prova non sempre appare ispirata al principio del giusto processo ed al contribuente a volte è richiesto di offrire una prova che va oltre le sue possibilita'.
Determinants of Individual Investment Decisions in Investment-Based Crowdfunding
2017
We investigate determinants of investment decisions in investment-based (equity and real estate) crowdfunding, using a novel investment-, investor- and campaign-level database. We find that this market is a man's world, with nearly 93% of investments made by men. Consistent with behavioral and finance theories, we find that women invest less in the riskiest investments but more in safer ones. Further analyses show that these findings are better explained by differences in risk aversion than differences in overconfidence between men and women. Investors located in an area considered more "sociable" (socially friendly) also invest more, but only if the investor is a woman. Overall, the findin…
Attention to diversity in Madrilenian classrooms. Teachers’ opinions
2022
City marathons have evolved and grown exponentially in type and popularity, in their managerial complexity, and in terms of their financial impact on their host cities and the attraction of corporate sponsors. Most of the research on city marathons has focused on evaluating their broad economic, urban, tourist, social, sporting, and symbolic effects on host cities. However, less attention has been paid to analyzing key strategic decisions that could account for the evolution and growth of specific marathons and their influences on their management and success. This article, which addresses the cases of the Bank of America Chicago Marathon and the Marathon Valencia Trinidad Alfonso, examines…
Wpływ zasady cross compliance na kształtowanie nowej ekonomiki rolnictwa na przykładzie badań w regionie opolskim
2009
Na nową organizację rolnictwa w przestrzeni europejskiej szczególny wpływ mają zasady zreformowanej WPR: decoupling, cross compliance, modulacja, dyscyplina budżetowa. Centralne miejsce wśród tych zasad odgrywa zasada współzależności, która reguluje wewnętrzną organizację rolnictwa, pozostałe zasady dotyczą w większym stopniu jego relacji z otoczeniem (rynkowym, składowymi przestrzeni wiejskiej). Prezentowane w pracy wyniki badań przeprowadzonych w towarowych gospodarstwach rolnych regionu opolskiego potwierdzają wpływ zasady współzależności na decyzje produkcyjne rolników, które w coraz większym zakresie wynikają z wiedzy o zintegrowanych i precyzyjnych metodach zarządzania warsztatem prod…
La transmissió lingüística intergeneracional a Castelló de la Plana i la Franja: La rellevància dels usos entre progenitors
2020
Fa 50 anys, a Conflicte lingüístic valencià, Rafael L. Ninyoles situava el trencament de la transmissió familiar del català com a resultat i manifestació externa de conflictes socials i de classes, especialment visibles enmig del procés de modernització econòmica i mobilitat social accelerada del País Valencià dels anys 60 del segle XX. En aquest article partim de dos estudis de cas quantitatius sobre la transmissió intergeneracional de les llengües a Castelló de la Plana i les comarques centrals de la Franja per a actualitzar el seu diagnòstic i matisar la visió d'aquest fenomen com a resultat de decisions dels progenitors imposades verticalment a la descendència. Hi proposem que els usos …
Noncooperative dynamic games for inventory applications: A consensus approach
2008
We focus on a finite horizon noncooperative dynamic game where the stage cost of a single player associated to a decision is a monotonically nonincreasing function of the total number of players making the same decision. For the single-stage version of the game, we characterize Nash equilibria and derive a consensus protocol that makes the players converge to the unique Pareto optimal Nash equilibrium. Such an equilibrium guarantees the interests of the players and is also social optimal in the set of Nash equilibria. For the multi-stage version of the game, we present an algorithm that converges to Nash equilibria, unfortunately not necessarily Pareto optimal. The algorithm returns a seque…
Appeal against the Decision on the Application for a Declaration on enforceability. Procedure to Contest the Decision Given on Appeal. Refusal or Rev…
2016
Lo scritto è un commento agli articoli da 50 a 58 del Regolamento n. 650 del 2012 del Parlamento Europeo e del Consiglio del 4 luglio 2012, relativo alla competenza, alla legge applicabile, al riconoscimento e all’esecuzione delle decisioni e all’accettazione e all’esecuzione degli atti pubblici in materia di successioni e alla creazione di un certificato successorio europeo. Lo scritto affronta i temi relativi alla impugnazione avverso la decisione emessa in seguito alla istanza per il riconoscimento delle sentenze e dei provvedimenti stranieri nelle materie oggetto del regolamento; il procedimento per impugnare le sentenza emesse in seguito all'appello; il rifiuto o la revoca del riconosc…
Design and analysis of discrete choice experiments for models with response time
2013
Determinants of elimination decisions in the activity scheduling process
2016
[EN] This paper presents an analysis on the determinants related to a particular rescheduling decision in the activity-travel scheduling process: elimination decisions, which consist in the non-execution of pre-planned activity-travel episodes. Data used come from an in-depth computer-assisted telephone interview (CATI) follow up survey carried out during the implementation of the first wave of an activity scheduling process panel survey. Open-ended answers related to the reasons associated to changes between pre-planned and executed agenda are studied. First, an interpretative qualitative method based on analytic induction (AI) is used to cope with the complex nature of the rescheduling de…