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Research Notes and Commentaries Real Options in Equity Partnerships
We examine factors influencing the decision to acquire additional equity in partner firms in research-intensive industries. This decision involves choosing between flexibility and commitment. Option theory motivates hypotheses regarding the effects of uncertainty, valuation of developing technologies, and the threat of preemptive rivalry. Our main hypothesis is that the resolution of uncertaint...
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Therapeutic Jurisprudence (TJ), a concept first conceived by law professors David Wexler (University of Puerto Rico and University of Arizona) and Bruce Winick (University of Miami) only a little more than a decade ago, has emerged as the leading conceptual perspective in the mental health law field. Indeed, a LEXIS search reveals well over 150 articles on, or citing to, therapeutic jurispruden...
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The phrase “a jury of one’s peers” brings to mind an image of a jury that perfectly mirrors its community in terms of demographic and attitudinal characteristics. In an ideal world, a perfectly representative jury would be best able to fulfill its role as the conscience of the community in judicial decision-making. As a practical matter, however, the legal requirements governing the composition...
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ژورنال
عنوان ژورنال: University of Pennsylvania Law Review and American Law Register
سال: 1920
ISSN: 0749-9833
DOI: 10.2307/3314021