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SSRN Research Paper Series
The Social Science Research Network’s Research Paper Series includes working papers produced by Stanford GSB the Rock Center.
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Technology Transfer and R&D Activities of Multinational Firms: Some Theory and Evidence
Abstract not available.
Asset Revaluations and the Appropriability of Returns from Inventive Activity: Some Qualifications and Evidence
Abstract not available.
Dollar-Denominated Returns on French Index Linked Bonds and on Other French Assets
A historical record of returns is provided for major categories of French assets during 1959-1975. The record includes details about index linked bonds, an asset which is rare in the U.S. but common in France. During the sample period, real…
Energy Company Financial Reporting: Conceptual Framework for an Energy Information System
Abstract not available.
Incentive Effectiveness: An Empirical Analysis of Contracting for National Defense
Abstract not available.
Martingales and the Valuation of Redundant Assets
We explore foundational issues in the theory of arbitrage. Given a probabilistic model of a fixed set of securities, an equivalent martingale measure is a probability measure equivalent to the original measure which causes the securities to earn…
A Note on Errors-in-Variables and Inconsistency in Multiple Regression Models
Abstract not available.
Short-Term Forecasting and Seasonal Adjustment
This paper explores the stochastic properties and prediction performance of several economic time series both before and after adjustment by the U.S. Bureau of the Census Xll seasonal adjustment program. The results suggest that within the class…
Some Relative Efficiency and Comparative Institutional Properties of Markets and Hierarchies
Abstract not available.
The Female/Male Salary Differential in Public Schools: Some Lessons from San Francisco, 1879
Abstract not available.
The Horizontal Divestiture of Petroleum Companies: Some Technological Considerations
Abstract not available.
A Theory of Lateral Integration: Corporate Diversification in Energy
Abstract not available.
Use of Strategies to Reduce Time Pressures: Some Non-Difference Between Working Wives and Non-Working Wives
Abstract not available.
Cognitive Responses To Mass Media Advocacy And Cognitive Choice Processes
Abstract not available.
A Convergence Theorem for Competitive Bidding With Differential Information
This paper investigates the behavior of the winning bid in a sealed bid tender auction where each bidder has private sample information. With an appropriate concept of value, the winning bid will converge in probability to the value of the object…
Dynamic Choice Theory and Dynamic Programming
Finite horizon sequential decision problems with a “temporal vonNeumann-Morgenstern utility” criterion are analyzed. This criterion, as developed in [7], is a generalization of vonNeumann-Morgenstern (expected) utility of the vector of rewards,…
Estimation of a Noninvertible Moving Average Process: The Case of Overdifferencing
The effect of differencing all of the variables in a properly specified regression equation is examined. Excessive use of the difference transformation induces a noninvertible moving average (MA) process in the disturbances of the transformed…