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Insolvency Timing and Managerial Decision-Making

Insolvency Timing and Managerial Decision-Making PDF Author: Frederik Drescher
Publisher: Springer Science & Business Media
ISBN: 365802819X
Category : Business & Economics
Languages : en
Pages : 205

Book Description
​Frederik Drescher addresses the timing of non-mandatory insolvency filings based on threatening illiquidity (§ 18 InsO) with the aim of a company's restructuring as an agency problem between owners and management. The hypothesis of a tendency towards delayed insolvency filings, which was developed using a decision model, is experimentally confirmed. Moreover, the author analyzes different incentive instruments potentially leading to earlier insolvency filings.

Insolvency Timing and Managerial Decision-Making

Insolvency Timing and Managerial Decision-Making PDF Author: Frederik Drescher
Publisher: Springer Science & Business Media
ISBN: 365802819X
Category : Business & Economics
Languages : en
Pages : 205

Book Description
​Frederik Drescher addresses the timing of non-mandatory insolvency filings based on threatening illiquidity (§ 18 InsO) with the aim of a company's restructuring as an agency problem between owners and management. The hypothesis of a tendency towards delayed insolvency filings, which was developed using a decision model, is experimentally confirmed. Moreover, the author analyzes different incentive instruments potentially leading to earlier insolvency filings.

Model Rules of Professional Conduct

Model Rules of Professional Conduct PDF Author: American Bar Association. House of Delegates
Publisher: American Bar Association
ISBN: 9781590318737
Category : Law
Languages : en
Pages : 216

Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

The Economics of Lawmaking

The Economics of Lawmaking PDF Author: Francesco Parisi
Publisher: Oxford University Press
ISBN: 0195374150
Category : Law
Languages : en
Pages : 346

Book Description
"The Economics of Lawmaking explores the relative advantages and limits of alternative sources of law. Francesco Parisi and Vincy Fon explore the process of legal rule production while considering issues of institutional design from a law and economics point of view." "The authors provide a comprehensive overview of the four fundamental sources of law: legislation, judge-made law. customary law, and international law. The defining features of these four sources are then dissected and closely examined using economic analysts and public choice theory. Each part includes an introduction into the lawmaking process for each source, and goes on to discuss such other issues as the optimal specificity of law in legislation to the theories of legal precedent, and to changes in customary lawmaking."--BOOK JACKET.

Interval Timing and Time-Based Decision Making

Interval Timing and Time-Based Decision Making PDF Author: Warren H. Meck
Publisher: Frontiers Media SA
ISBN: 288919034X
Category :
Languages : en
Pages : 480

Book Description
The perception of time is crucial for everyday activities from the sleep–wake cycle to playing and appreciating music, verbal communication, to the determination of the value of a particular behavior. With regard to the last point, making decisions is heavily influenced by the duration of the various options, the duration of the expected delays for receiving the options, and the time constraints for making a choice. Recent advances suggest that the brain represents time in a distributed manner and reflects time as a result of temporal changes in network states and/or by the coincidence detection of the phase of different neural populations. Moreover, intrinsic oscillatory properties of neural circuits could determine timed motor responses. This Research Topic, partly an emergence of a Satellite EBBS meeting sponsored by the COST-Action TIMELY, will discuss how time in the physical world is reconstructed, distorted and modified in brain networks by emotion, learning and neuropathology. This Research Topic on Timing contains up-to-date reviews regarding the relationship between time and decision-making with respect to the underlying psychological and physiological mechanisms responsible for anticipation and evaluation processes.

The Encyclopedia of Public Choice

The Encyclopedia of Public Choice PDF Author: Charles Rowley
Publisher: Springer Science & Business Media
ISBN: 0306478285
Category : Business & Economics
Languages : en
Pages : 1142

Book Description
The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and more. However, as intell- tual specialization gradually replaced broad-based scholarship from the m- nineteenth century onwards, it became increasingly rare to find a scholar making major contributions to more than one. Once Alfred Marshall defined economics in neoclassical terms, as a n- row positive discipline, the link between economics, political science and moral philosophy was all but severed and economists redefined their role into that of ‘the humble dentist’ providing technical economic information as inputs to improve the performance of impartial, benevolent and omniscient governments in their attempts to promote the public interest. This indeed was the dominant view within an economics profession that had become besotted by the economics of John Maynard Keynes and Paul Samuelson immediately following the end of the Second World War.

Hugo Münsterberg's Psychology and Law

Hugo Münsterberg's Psychology and Law PDF Author: Brian H. Bornstein
Publisher:
ISBN: 0190696346
Category : Law
Languages : en
Pages : 353

Book Description
Though widely regarded as a founder of the modern field of psychology and law, German-American psychologist Hugo Münsterberg's now century-old ideas and research approaches continue to thrive. In fact, the discipline still grapples with many of the issues raised by Münsterberg in his seminal 1908 book, On the Witness Stand.Hugo Münsterberg's Psychology and Law makes Münsterberg's enduring insights available to a new generation of scholars, presenting the "state of the science" on the concepts that Münsterberg was one of the first to investigate. These include eyewitness memory, deception detection, false confessions, and the causes of criminal behavior. Opening with a brief biography of Münsterberg and a historical overview of the field, the book's organization follows that of On the Witness Stand, with each chapter providing a summary of Münsterberg's work followed by a contemporary perspective on the topic. Chapters challenge readers to consider what we have learned since Münsterberg's time and whether subsequent research has shown him to be right or wrong. The final chapter asks what Münsterberg may have missed, and what we may be missing today. This volume will be of interest to a broad range of scholars, practitioners, and professionals in the legal and mental health fields.

Legal Orderings and Economic Institutions

Legal Orderings and Economic Institutions PDF Author: Fabrizio Cafaggi
Publisher: Routledge
ISBN: 1134331002
Category : Business & Economics
Languages : en
Pages : 369

Book Description
This book addresses the lively interaction between the disciplines of law and economics. The contributions encompass some of the core controversial issues in the disciplines arising from interactions between legal orderings and economic institutions.

The Optimal Enforcement of EC Antitrust Law:A Study in Law and Economics

The Optimal Enforcement of EC Antitrust Law:A Study in Law and Economics PDF Author: Wouter Wils
Publisher: Kluwer Law International B.V.
ISBN: 9041117571
Category : Business & Economics
Languages : en
Pages : 340

Book Description
This text provides clear answers to the major questions concerning the modernization of EC antitrust enforcement such as: should a notification system be maintained, or should the antitrust rules be enforced exclusively through deterrence?; and at what levels should fines be set?

Bioethical Decision Making and Argumentation

Bioethical Decision Making and Argumentation PDF Author: Pedro Serna
Publisher: Springer
ISBN: 3319434195
Category : Philosophy
Languages : en
Pages : 154

Book Description
This book clarifies the meaning of the most important and pervasive concepts and tools in bioethical argumentation (principles, values, dignity, rights, duties, deliberation, prudence) and assesses the methodological suitability of the main methods for clinical decision-making and argumentation. The first part of the book is devoted to the most developed or promising approaches regarding bioethical argumentation, namely those based on principles, values and human rights. The authors then continue to deal with the contributions and shortcomings of these approaches and suggest further developments by means of substantive and procedural elements and concepts from practical philosophy, normative systems theory, theory of action, human rights and legal argumentation. Furthermore, new models of biomedical and health care decision-making, which overcome the aforementioned criticism and stress the relevance of the argumentative responsibility, are included.

Antitrust Law Journal

Antitrust Law Journal PDF Author:
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 782

Book Description