Matches in SemOpenAlex for { <https://semopenalex.org/work/W2337286593> ?p ?o ?g. }
Showing items 1 to 87 of
87
with 100 items per page.
- W2337286593 abstract "Models of managerial short-termism rely on a number of assumption, such as limited availability of capital, fixed compensation schemes and an additive impact of managerial ability on revenue. We discuss the role of these assumption in generating short-termism. We show that when managerial ability ha a multiplicative impact on revenue then the first best investment policy may require the implementation of short-term projects with negative NPV in order to generate information on managerial ability that can be exploited in later periods. We also show that, when the firm is free to design the compensation scheme, the first best is attained even if only short-term contracts are allowed. Short-termism is therefore the result of an optimal experimentation policy rather than the consequence of managerial misbehavior." @default.
- W2337286593 created "2016-06-24" @default.
- W2337286593 creator A5007695544 @default.
- W2337286593 date "1999-01-01" @default.
- W2337286593 modified "2023-09-27" @default.
- W2337286593 title "Short-termism as optimal experimentation policy" @default.
- W2337286593 hasPublicationYear "1999" @default.
- W2337286593 type Work @default.
- W2337286593 sameAs 2337286593 @default.
- W2337286593 citedByCount "0" @default.
- W2337286593 crossrefType "posted-content" @default.
- W2337286593 hasAuthorship W2337286593A5007695544 @default.
- W2337286593 hasConcept C10138342 @default.
- W2337286593 hasConcept C11171543 @default.
- W2337286593 hasConcept C121332964 @default.
- W2337286593 hasConcept C134306372 @default.
- W2337286593 hasConcept C144133560 @default.
- W2337286593 hasConcept C15744967 @default.
- W2337286593 hasConcept C162324750 @default.
- W2337286593 hasConcept C166957645 @default.
- W2337286593 hasConcept C175444787 @default.
- W2337286593 hasConcept C17744445 @default.
- W2337286593 hasConcept C182306322 @default.
- W2337286593 hasConcept C195487862 @default.
- W2337286593 hasConcept C199539241 @default.
- W2337286593 hasConcept C27548731 @default.
- W2337286593 hasConcept C2780023022 @default.
- W2337286593 hasConcept C33923547 @default.
- W2337286593 hasConcept C40700 @default.
- W2337286593 hasConcept C42747912 @default.
- W2337286593 hasConcept C61797465 @default.
- W2337286593 hasConcept C62520636 @default.
- W2337286593 hasConcept C77618280 @default.
- W2337286593 hasConcept C83646750 @default.
- W2337286593 hasConcept C94625758 @default.
- W2337286593 hasConcept C95457728 @default.
- W2337286593 hasConceptScore W2337286593C10138342 @default.
- W2337286593 hasConceptScore W2337286593C11171543 @default.
- W2337286593 hasConceptScore W2337286593C121332964 @default.
- W2337286593 hasConceptScore W2337286593C134306372 @default.
- W2337286593 hasConceptScore W2337286593C144133560 @default.
- W2337286593 hasConceptScore W2337286593C15744967 @default.
- W2337286593 hasConceptScore W2337286593C162324750 @default.
- W2337286593 hasConceptScore W2337286593C166957645 @default.
- W2337286593 hasConceptScore W2337286593C175444787 @default.
- W2337286593 hasConceptScore W2337286593C17744445 @default.
- W2337286593 hasConceptScore W2337286593C182306322 @default.
- W2337286593 hasConceptScore W2337286593C195487862 @default.
- W2337286593 hasConceptScore W2337286593C199539241 @default.
- W2337286593 hasConceptScore W2337286593C27548731 @default.
- W2337286593 hasConceptScore W2337286593C2780023022 @default.
- W2337286593 hasConceptScore W2337286593C33923547 @default.
- W2337286593 hasConceptScore W2337286593C40700 @default.
- W2337286593 hasConceptScore W2337286593C42747912 @default.
- W2337286593 hasConceptScore W2337286593C61797465 @default.
- W2337286593 hasConceptScore W2337286593C62520636 @default.
- W2337286593 hasConceptScore W2337286593C77618280 @default.
- W2337286593 hasConceptScore W2337286593C83646750 @default.
- W2337286593 hasConceptScore W2337286593C94625758 @default.
- W2337286593 hasConceptScore W2337286593C95457728 @default.
- W2337286593 hasLocation W23372865931 @default.
- W2337286593 hasOpenAccess W2337286593 @default.
- W2337286593 hasPrimaryLocation W23372865931 @default.
- W2337286593 hasRelatedWork W1483602370 @default.
- W2337286593 hasRelatedWork W1507253326 @default.
- W2337286593 hasRelatedWork W1566488822 @default.
- W2337286593 hasRelatedWork W1577335137 @default.
- W2337286593 hasRelatedWork W1588575590 @default.
- W2337286593 hasRelatedWork W1592450835 @default.
- W2337286593 hasRelatedWork W1977469261 @default.
- W2337286593 hasRelatedWork W1998067338 @default.
- W2337286593 hasRelatedWork W2030351718 @default.
- W2337286593 hasRelatedWork W2071748165 @default.
- W2337286593 hasRelatedWork W2078989251 @default.
- W2337286593 hasRelatedWork W2109124969 @default.
- W2337286593 hasRelatedWork W2116578013 @default.
- W2337286593 hasRelatedWork W2151024618 @default.
- W2337286593 hasRelatedWork W2730073932 @default.
- W2337286593 hasRelatedWork W2741051352 @default.
- W2337286593 hasRelatedWork W2922873601 @default.
- W2337286593 hasRelatedWork W303343150 @default.
- W2337286593 hasRelatedWork W3125772273 @default.
- W2337286593 hasRelatedWork W68621796 @default.
- W2337286593 isParatext "false" @default.
- W2337286593 isRetracted "false" @default.
- W2337286593 magId "2337286593" @default.
- W2337286593 workType "article" @default.