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Experimental Studies on Partnership Dissolution, R&D Investment, and Gift Giving
In recent years, traditional economic theory has been enriched by behavioral components. There is huge and rapidly growing evidence from empirical and experimental studies that mere profit maximization is in many cases not a good proxy of real-life decision-making and interaction in economic situations. Yet, although the concept of homo oeconomicus has subsequently been dismissed by many authors, behavior is not random or arbitrary, but follows systematic patterns and rules that researchers in the field of behavioral economics aim at understanding. This thesis adds to the understanding of actual economic decision-making by analyzing behavior in three different economic applications. The firs...
Principles of Financial Accounting
Principles of Financial Accounting provides a comprehensive introduction to the fundamental concepts and practices of financial accounting. Traditionally focused on recording and reporting monetary information, accounting has evolved to encompass all forms of quantitative data, playing a critical role in today’s complex organizational and industrial frameworks. This book covers key topics, including accounting principles, the accounting cycle, transaction recording, financial statement preparation, and accounting information systems. It highlights how financial statements are essential for investors, policymakers, and other stakeholders to evaluate an organization’s financial position, operations, and investments. Designed for students and professionals, this book emphasizes how accounting knowledge can enhance decision-making and resource allocation. By learning to interpret financial statements, readers will develop skills to assess a company’s value, support strategic decisions, and contribute to the effective management of financial resources.
Radikale Beendigungsmechanismen im Gesellschaftsrecht
Zur Trennung von (zerstrittenen) Gesellschaftern werden zunehmend Mechanismen diskutiert, die unter Russian Roulette, Texas Shoot Out und ahnlich martialischen Bezeichnungen bekannt sind. Sie versprechen neben einer raschen Losung durch Ausscheiden eines Gesellschafters auch die Ermittlung einer angemessenen Abfindungshohe mittels eines speziellen Preisfindungsmechanismus. Sebastian S. Schmitt analysiert diese facettenreichen Klauseln aus unterschiedlichen Blickwinkeln. Neben einer klassischen materiellen Prufung nach deutschem Recht ladt ihre internationale Verbreitung zu einer rechtsvergleichenden Betrachtung ein, die sich auf den franzosischen und US-amerikanischen Raum konzentriert. Abgerundet wird die Untersuchung durch einen Blick auf die okonomischen, insbesondere spieltheoretischen Hintergrunde. So ergibt sich ein umfassendes Bild, das den praktischen Wert der Klauseln herausstellt, aber auch vor ihrer unreflektierten Verwendung warnt.
On the Currency of Egalitarian Justice, and Other Essays in Political Philosophy
G. A. Cohen was one of the most gifted, influential, and progressive voices in contemporary political philosophy. At the time of his death in 2009, he had plans to bring together a number of his most significant papers. This is the first of three volumes to realize those plans. Drawing on three decades of work, it contains previously uncollected articles that have shaped many of the central debates in political philosophy, as well as papers published here for the first time. In these pieces, Cohen asks what egalitarians have most reason to equalize, he considers the relationship between freedom and property, and he reflects upon ideal theory and political practice. Included here are classic ...
Company Law
In the US the use of economics has had a dramatic influence on the study of corporate law. This book is the first in the UK to use economics to discuss company law issues. Company Law: Theory, Structure and Operation addresses a series of important questions which have not been analysed in detail elsewhere
Elicitation of Preferences
Economists and psychologists have, on the whole, exhibited sharply different perspectives on the elicitation of preferences. Economists, who have made preference the central primitive in their thinking about human behavior, have for the most part rejected elicitation and have instead sought to infer preferences from observations of choice behavior. Psychologists, who have tended to think of preference as a context-determined subjective construct, have embraced elicitation as their dominant approach to measurement. This volume, based on a symposium organized by Daniel McFadden at the University of California at Berkeley, provides a provocative and constructive engagement between economists and psychologists on the elicitation of preferences.
Hung by the Tongue
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