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Does the director election system matter? Evidence from majority voting

We examine the effect of a change in the director election system—the switch from a plurality voting standard to a more stringent standard known as majority voting (MV). Using a regression discontinuity design, we document abnormal returns of 1.43–1.60 % around annual meeting dates where shareholder proposals to adopt MV are voted upon, suggesting that shareholders perceive the...

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English / 01/01/2015

The comparability of measurements of attitudes toward immigration in the European Social Survey: exact versus approximate measurement equivalence

International survey datasets are analyzed with increasing frequency to investigate and compare attitudes toward immigration and to examine the contextual factors that shape these attitudes. However, international comparisons of abstract, psychological constructs require the measurements to be equivalent–i.e., they should measure the same concept on the same measurement scale....

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English / 01/01/2015

The comparability of measurements of attitudes toward immigration in the European Social Survey: exact versus approximate measurement equivalence

International survey datasets are analyzed with increasing frequency to investigate and compare attitudes toward immigration and to examine the contextual factors that shape these attitudes. However, international comparisons of abstract, psychological constructs require the measurements to be equivalent–i.e., they should measure the same concept on the same measurement scale....

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English / 01/01/2015

The Layered Materiality of Strategizing: How the Interplay between Epistemic Objects and Material Artefacts shapes the Exploration of Strategic Topics

This paper examines the role of different material artefacts in the exploration of novel strategic topics. We conceptualize strategic topics as epistemic objects that become instantiated in multiple material artifacts, i.e., partial objects, which not only represent the epistemic object but also energize and direct the exploration process. Based on a longitudinal case study of a...

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English / 01/01/2015

The Layered Materiality of Strategizing: How the Interplay between Epistemic Objects and Material Artefacts shapes the Exploration of Strategic Topics

This paper examines the role of different material artefacts in the exploration of novel strategic topics. We conceptualize strategic topics as epistemic objects that become instantiated in multiple material artifacts, i.e., partial objects, which not only represent the epistemic object but also energize and direct the exploration process. Based on a longitudinal case study of a...

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English / 01/01/2015

Three essays in computational economics

This thesis compiles three papers on different topics in computational economics: First, we present a new method to recursively integrate expectations over serially correlated latent variables with continuous support in maximum likelihood estimations, using highly efficient quadrature rules and interpolation; we apply the method to the dynamic discrete choice model of Rust (1987)....

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English / 01/01/2015

Three essays in computational economics

This thesis compiles three papers on different topics in computational economics: First, we present a new method to recursively integrate expectations over serially correlated latent variables with continuous support in maximum likelihood estimations, using highly efficient quadrature rules and interpolation; we apply the method to the dynamic discrete choice model of Rust (1987)....

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English / 01/01/2015

Environmental tipping points significantly affect the cost−benefit assessment of climate policies

Most current cost-benefit analyses of climate change policies suggest an optimal global climate policy that is significantly less stringent than the level required to meet the internationally agreed 2 °C target. This is partly because the sum of estimated economic damage of climate change across various sectors, such as energy use and changes in agricultural production, results in...

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English / 01/01/2015

Environmental tipping points significantly affect the cost−benefit assessment of climate policies

Most current cost-benefit analyses of climate change policies suggest an optimal global climate policy that is significantly less stringent than the level required to meet the internationally agreed 2 °C target. This is partly because the sum of estimated economic damage of climate change across various sectors, such as energy use and changes in agricultural production, results in...

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English / 01/01/2015

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