Mix Stickiness Under Asymmetric Cost Information
نویسندگان
چکیده
منابع مشابه
Threats to sue and cost divisibility under asymmetric information
The early literature on litigation and settlement assumed that a plaintiff’s threat to litigate is credible only when her litigation value—the difference between the expected judgment and her litigation costs—is positive. More recently, however, Bebchuk (1996) has suggested that even if the plaintiff’s litigation value is negative, divisibility of her litigation costs may render credibility to ...
متن کاملCost Stickiness and Banks Credit Risk
The credit risk in banks is a function of the profitability and quality of bank assets. Moreover, cost stickiness also affects the quality of assets and profitability of banks. To achieve the research aims, is to explore relationship between cost stickiness and banks credit risk were tested and analyzed is based on pooling data from 21 banks in duration 2012-2019. The findings show that there i...
متن کاملDynamic Investment under Asymmetric Information
TAbstract T—This paper develops a tractable real options framework to analyze the effects of asymmetric information on firms' investment decisions when firms issue equity to finance investment. We assume that firm insiders exactly know the firms' growth prospects, but outside investors do not know. Our analysis shows that, under equity financing, the corporate insiders can signal their private ...
متن کامل" Resource Allocation under Asymmetric Information
It may be downloaded, printed and reproduced only for personal or classroom use. Absolutely no downloading or copying may be done for, or on behalf of, any for-profit commercial firm or other commercial purpose without the explicit permission of the Econometric Society. For this purpose, contact Claire Sashi, General Manager, at [email protected]. Terms and Conditions of Use provides...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Management Science
سال: 2019
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.2018.3077