Descrizione
Excerpt from Shareholder Value Maximization and Product Market Competition
Instead, managers learn along with the market about their types. Nevertheless, managerstry to manipulate the market's assessments through unobservable actions. Similarly, in our model, firms are not privately informed about their inherent profitability, but try to in?uence the market's assessments through their unobservable product-market strategies.
Instead, managers learn along with the market about their types. Nevertheless, managerstry to manipulate the market's assessments through unobservable actions. Similarly, in our model, firms are not privately informed about their inherent profitability, but try to in?uence the market's assessments through their unobservable product-market strategies.
Dettagli del libro
Formato
Brossura
Pagine
55 pagine
Lingua
Inglese
Pubblicato
ago 24, 2018
Editore
Forgotten Books
Edizioni
2 edizioni
ISBN-10
1330500512
ISBN-13
9781330500514