Digestibility and asymmetric information in the choice between acquisitions and joint ventures: where’s the beef?

<In response to our empirical findings that, contrary to the predictions of the information asymmetry hypothesis, joint ventures are not more, but instead less likely when parents belong to different industries, Balakrishnan and Reurer argue that (1) the information asymmetry and the indigestibility hypotheses are theoretically complementary and (2) our results may be affected by the characteristics of our sample. In fact, the goal of our study was not to deny the theoretical validity of alternative theories of joint ventures, but only to ascertain their relative explanatory power. We therefore agree that both theories are complementary, but show that our findings are not explained by our sample, but instead by the way we test the information asymmetry hypothesis. Copyright © 2000 John Wiley & Sons, Ltd.     

Querschnittskompetenz: BWL und Gesundheit

Management im Gesundheitswesen (Bachelor/Master) — Sie vereinen Kenntnisse aus den Bereichen Medizin, Pflege, Betriebswirtschaft, Management und Marketing. Mit ihrem speziellen Mix aus f?cherübergreifenden und auf den Gesundheitssektor zugeschnittenen Kompetenzen haben studierte Manager im Gesundheitswesen gute Perspektiven.     

Minimax estimation for the bounded mean of a bivariate normal distribution

A bivariate normal distribution is considered whose mean lies in an equilateral triangle. We show by a convexity argument that the three point prior having mass 1/3 at each of the edges is least favourable if the length of a side of the equilateral triangle is less than or equal to . Thus the corresponding Bayes estimator is minimax in that case. Numerical studies are given as well.     

Dem Körper die Stirn bieten

Die Parkinson Nurse - Etwa 240.000 bis 280.000 Menschen, so schätzen Experten, sind in Deutschland an Morbus Parkinson erkrankt. Ihre pflegerische Versorgung stellt hohe Anforderungen an Krankenschwestern und Krankenpfleger. Doch wie und wo kann man sich zur Parkinson Nurse ausbilden lassen?     

Spitzenleistungen im Marketing erzielen

Literaturhinweise

Spitzenleistungen im Marketing erzielen Literaturhinweise zusammengestellt von Dipl.-Kfm. Johannes Hattula     

Conflicts between antidumping and antitrust law in the EC

Antidumping policy aims at protecting single firms or industries from distortions in trade with third countries. A broad definition of dumping can, however, lead to protectionist measures which conflict with antitrust policy. To what extent is this the case in the EC?     

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