Beware the Winner's Curse

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Author :
Publisher : Oxford University Press
ISBN 13 : 0198039441
Total Pages : 257 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Beware the Winner's Curse by : G. Anandalingam

Download or read book Beware the Winner's Curse written by G. Anandalingam and published by Oxford University Press. This book was released on 2004-11-04 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the roaring 1990s, many companies seemed to claim great victories-acquiring another company, obtaining state-of-the art technology, or hiring a potential CEO savior-only to find that they had made a great mistake. The term "Winner's Curse" was coined by economists to explain an effect commonly observed in auctions. In such situations, since the winning bidder is usually the most optimistic about the value of the item being auctioned, there is a very good chance that the bid will be more (sometimes much more) than the item is worth. So a company that overvalues a good or service, or bids higher than its value has the potential of experiencing this Winner's Curse. In this book, G. Anandalingam and Henry C. Lucas, Jr. expand the model of the Winner's Curse to explain how companies like Tyco, MCI-WorldCom and Bank One overpaid for acquisitions, and how shareholders suffered as a result. They elucidate the disasters that happened during the rush to acquire new technologies and illuminate the reasons that companies that were seemingly pioneers in the dot-com era fell by the wayside. Beginning by exploring the psychological, personal and market factors that can encourage a decision maker to overvalue an asset and experience the Winner's Curse, the book goes on to examine several case studies, including the disastrous wireless spectrum auctions that have devastated the telecommunications industry, and the dot-com bust. It concludes by discussing ways to avoid the Winner's Curse, calling for major changes in the behavior of CEOs and members of boars of directors, as well as the use of powerful techniques for analyzing decisions, including a systems approach to decision making, scenario analysis and game theory.

Beware the Winner's

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (489 download)

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Book Synopsis Beware the Winner's by : G. Anandalingam

Download or read book Beware the Winner's written by G. Anandalingam and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Printbegrænsninger: Der kan printes 1 kapitel eller op til 5% af teksten

Beware the Winner's Curse

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Author :
Publisher : Oxford University Press
ISBN 13 : 0195177401
Total Pages : 257 pages
Book Rating : 4.1/5 (951 download)

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Book Synopsis Beware the Winner's Curse by : G. Anandalingam

Download or read book Beware the Winner's Curse written by G. Anandalingam and published by Oxford University Press. This book was released on 2004-11-04 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Beware the Winner's Curse' shows how hubris and badly aligned financial incentives lead managers to aggressively pursue victories, and end up worse off as a result. It explores recent disasters in business, sports, and entertainment, and offers concrete steps that managers can take to avoid encountering the curse.

The Winner's Curse

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Author :
Publisher : A&C Black
ISBN 13 : 1408858215
Total Pages : 368 pages
Book Rating : 4.4/5 (88 download)

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Book Synopsis The Winner's Curse by : Marie Rutkoski

Download or read book The Winner's Curse written by Marie Rutkoski and published by A&C Black. This book was released on 2014-04-10 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a general's daughter in a vast empire that revels in war and enslaves those it conquers, Kestrel has two choices: she can join the military or get married. Kestrel has other ideas. One day, she is startled to find a kindred spirit in Arin, a young slave up for auction. Following her instinct, Kestrel buys him - and for a sensational price that sets the society gossips talking. It's not long before she has to hide her growing love for Arin. But he, too, has a secret and Kestrel quickly learns that the price she paid for him is much higher than she ever could have imagined. The first novel in a stunning new trilogy, The Winner's Curse is a story of romance, rumours and rebellion, where dirty secrets and careless alliances can be deadly – and everything is at stake.

Beware the Winner's Curse

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Author :
Publisher :
ISBN 13 : 9780199789559
Total Pages : 242 pages
Book Rating : 4.7/5 (895 download)

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Book Synopsis Beware the Winner's Curse by : G. Anandalingam

Download or read book Beware the Winner's Curse written by G. Anandalingam and published by . This book was released on 2004 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Beware the Winner's Curse' shows how hubris and badly aligned financial incentives lead managers to aggressively pursue victories, and end up worse off as a result. It explores recent disasters in business, sports, and entertainment, and offers concrete steps that managers can take to avoid encountering the curse.

Beware the Night

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Author :
Publisher : Macmillan
ISBN 13 : 0312977379
Total Pages : 333 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Beware the Night by : Ralph Sarchie

Download or read book Beware the Night written by Ralph Sarchie and published by Macmillan. This book was released on 2001-10-14 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sixteen-year NYPD veteran Ralph Sarchie investigates cases of demonic possession and assists in the exorcisms. Now he discloses for the first time his investigations into incredible true crimes and inhuman evil that were never explained, solved, or understood by anyone except Sarchie and his partner. Photos.

The SAGE Encyclopedia of Business Ethics and Society

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Author :
Publisher : SAGE Publications
ISBN 13 : 1483381544
Total Pages : 7348 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis The SAGE Encyclopedia of Business Ethics and Society by : Robert W. Kolb

Download or read book The SAGE Encyclopedia of Business Ethics and Society written by Robert W. Kolb and published by SAGE Publications. This book was released on 2018-03-27 with total page 7348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thoroughly revised, updated, and expanded, The SAGE Encyclopedia of Business Ethics and Society, Second Edition explores current topics, such as mass social media, cookies, and cyber-attacks, as well as traditional issues including accounting, discrimination, environmental concerns, and management. The new edition also includes an in-depth examination of current and recent ethical affairs, such as the dangerous work environments of off-shore factories for Western retailers, the negligence resulting in the 2010 BP oil spill, the gender wage gap, the minimum wage debate and increasing income disparity, and the unparalleled level of debt in the U.S. and other countries with the challenges it presents to many societies and the considerable impact on the ethics of intergenerational wealth transfers. Key Features Include: Seven volumes, available in both electronic and print formats, contain more than 1,200 signed entries by significant figures in the field Cross-references and suggestions for further readings to guide students to in-depth resources Thematic Reader′s Guide groups related entries by general topics Index allows for thorough browse-and-search capabilities in the electronic edition

The Winner's Crime

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Author :
Publisher : Farrar, Straus and Giroux (BYR)
ISBN 13 : 0374384711
Total Pages : 417 pages
Book Rating : 4.3/5 (743 download)

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Book Synopsis The Winner's Crime by : Marie Rutkoski

Download or read book The Winner's Crime written by Marie Rutkoski and published by Farrar, Straus and Giroux (BYR). This book was released on 2015-03-03 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Winner's Crime, the dazzling follow-up to Marie Rutkoski's The Winner's Curse, reveals the high price of dangerous lies and untrustworthy alliances. Following your heart can be a crime A royal wedding is what most girls dream about. It means one celebration after another: balls, fireworks, and revelry until dawn. But to Kestrel it means living in a cage of her own making. As the wedding approaches, she aches to tell Arin the truth about her engagement: that she agreed to marry the crown prince in exchange for Arin's freedom. But can Kestrel trust Arin? Can she even trust herself? For Kestrel is becoming very good at deception. She's working as a spy in the court. If caught, she'll be exposed as a traitor to her country. Yet she can't help searching for a way to change her ruthless world . . . and she is close to uncovering a shocking secret. The truth will come out, and when it does, Kestrel and Arin will learn just how much their crimes will cost them.

Transforming Leaders Into Progress Makers

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Author :
Publisher : SAGE Publications
ISBN 13 : 145221364X
Total Pages : 281 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis Transforming Leaders Into Progress Makers by : Phillip G. Clampitt

Download or read book Transforming Leaders Into Progress Makers written by Phillip G. Clampitt and published by SAGE Publications. This book was released on 2010-07-28 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Weaving together original research, novel strategies and tactics, and stories of successful leaders, this book provides insight into how to become a progress-making leader. Written by an academic and a business executive, the book provides actionable ideas grounded in sound research and tested in real organizations.

Beware the Ninja Weenies

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Author :
Publisher : Macmillan
ISBN 13 : 0765332132
Total Pages : 190 pages
Book Rating : 4.7/5 (653 download)

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Book Synopsis Beware the Ninja Weenies by : David Lubar

Download or read book Beware the Ninja Weenies written by David Lubar and published by Macmillan. This book was released on 2012-06-05 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty-three stories about stranded aliens, a horrifying cheesemaker, a boy with the power to make stars vanish, and other frightening things. Includes notes on how the author got his ideas for these stories.

The Winner's Kiss

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Author :
Publisher : Macmillan
ISBN 13 : 0374384738
Total Pages : 497 pages
Book Rating : 4.3/5 (743 download)

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Book Synopsis The Winner's Kiss by : Marie Rutkoski

Download or read book The Winner's Kiss written by Marie Rutkoski and published by Macmillan. This book was released on 2016-03-29 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: War has begun. Arin is in the thick of it with untrustworthy new allies and the empire as his enemy. Though he has convinced himself that he no longer loves Kestrel, Arin hasn't forgotten her, or how she became exactly the kind of person he has always despised. She cared more for the empire than she did for the lives of innocent people--and certainly more than she did for him. At least, that's what he thinks. In the frozen north, Kestrel is a prisoner in a brutal work camp. As she searches desperately for a way to escape, she wishes Arin could know what she sacrificed for him. She wishes she could make the empire pay for what they've done to her. But no one gets what they want just by wishing. As the war intensifies, both Kestrel and Arin discover that the world is changing. The East is pitted against the West, and they are caught in between. With so much to lose, can anybody really win?

Lady Beware

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Author :
Publisher : Penguin
ISBN 13 : 9780451221490
Total Pages : 438 pages
Book Rating : 4.2/5 (214 download)

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Book Synopsis Lady Beware by : Jo Beverley

Download or read book Lady Beware written by Jo Beverley and published by Penguin. This book was released on 2007 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Determined to restore his family's name, Horatio Cave, the new Viscount Darien, enters London society to win the hand of Lady Thea Debenham, who will help him in his quest only if she can convince her brother, a member of the Company of Rogues, that he is nothing like his ancestors. Original.

Lover Beware

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Author :
Publisher : Penguin
ISBN 13 : 1101204370
Total Pages : 372 pages
Book Rating : 4.1/5 (12 download)

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Book Synopsis Lover Beware by : Christine Feehan

Download or read book Lover Beware written by Christine Feehan and published by Penguin. This book was released on 2003-07-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four of today’s most popular authors push passion and intrigue to the limit in this collection of four original novellas—including the story that began the Drake Sisters series... “Magic in the Wind” by #1 New York Times bestselling author Christine Feehan In the sleepy coastal town of Sea Haven early retirement turns deadly for a defense expert—until a beautiful woman steps between him and his assassins... “Hot August Moon” by international bestselling author Katherine Sutcliffe An FBI profiler can see into the mind of a French Quarter killer targeting prostitutes—but not into the heart of the detective she must trust with her life... “After Midnight” by #1 New York Times bestselling author Fiona Brand Sometimes one glance is all it takes. And sometimes all it takes is one man to tear apart what fate—and desire—have brought together... “Only Human” by #New York Times bestselling author Eileen Wilks Investigating a series of grisly murders, a San Diego detective is caught off guard by the enigmatic man who can help her find the killer...

Common Value Auctions and the Winner's Curse

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691218951
Total Pages : 419 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Common Value Auctions and the Winner's Curse by : John H. Kagel

Download or read book Common Value Auctions and the Winner's Curse written by John H. Kagel and published by Princeton University Press. This book was released on 2021-04-13 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: An invaluable account of how auctions work—and how to make them work Few forms of market exchange intrigue economists as do auctions, whose theoretical and practical implications are enormous. John Kagel and Dan Levin, complementing their own distinguished research with papers written with other specialists, provide a new focus on common value auctions and the "winner's curse." In such auctions the value of each item is about the same to all bidders, but different bidders have different information about the underlying value. Virtually all auctions have a common value element; among the burgeoning modern-day examples are those organized by Internet companies such as eBay. Winners end up cursing when they realize that they won because their estimates were overly optimistic, which led them to bid too much and lose money as a result. The authors first unveil a fresh survey of experimental data on the winner's curse. Melding theory with the econometric analysis of field data, they assess the design of government auctions, such as the spectrum rights (air wave) auctions that continue to be conducted around the world. The remaining chapters gauge the impact on sellers' revenue of the type of auction used and of inside information, show how bidders learn to avoid the winner's curse, and present comparisons of sophisticated bidders with college sophomores, the usual guinea pigs used in laboratory experiments. Appendixes refine theoretical arguments and, in some cases, present entirely new data. This book is an invaluable, impeccably up-to-date resource on how auctions work--and how to make them work.

The Curse

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Author :
Publisher : Farrar, Straus and Giroux
ISBN 13 : 1466813962
Total Pages : 278 pages
Book Rating : 4.4/5 (668 download)

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Book Synopsis The Curse by : Karen Houppert

Download or read book The Curse written by Karen Houppert and published by Farrar, Straus and Giroux. This book was released on 2000-05-24 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative look at the way our culture deals with menstruation. The Curse examines the culture of concealment that surrounds menstruation and the devastating impact such secrecy has on women's physical and psychological health. Karen Houppert combines reporting on the potential safety problems of sanitary products--such as dioxin-laced tampons--with an analysis of the way ads, movies, young-adult novels, and women's magazines foster a "menstrual etiquette" that leaves women more likely to tell their male colleagues about an affair than brazenly carry an unopened tampon down the hall to the bathroom. From the very beginning, industry-generated instructional films sketch out the parameters of acceptable behavior and teach young girls that bleeding is naughty, irrepressible evidence of sexuality. In the process, confident girls learn to be self-conscious teens. And the secrecy has even broader implications. Houppert argues that industry ad campaigns have effectively stymied consumer debate, research, and safety monitoring of the sanitary-protection industry. By telling girls and women how to think and talk about menstruation, the mostly male-dominated media have set a tone that shapes women's experiences for them, defining what they are allowed to feel about their periods, their bodies, and their sexuality.

Common Value Auctions and the Winner's Curse

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400830133
Total Pages : 424 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Common Value Auctions and the Winner's Curse by : John H. Kagel

Download or read book Common Value Auctions and the Winner's Curse written by John H. Kagel and published by Princeton University Press. This book was released on 2009-04-11 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: An invaluable account of how auctions work—and how to make them work Few forms of market exchange intrigue economists as do auctions, whose theoretical and practical implications are enormous. John Kagel and Dan Levin, complementing their own distinguished research with papers written with other specialists, provide a new focus on common value auctions and the "winner's curse." In such auctions the value of each item is about the same to all bidders, but different bidders have different information about the underlying value. Virtually all auctions have a common value element; among the burgeoning modern-day examples are those organized by Internet companies such as eBay. Winners end up cursing when they realize that they won because their estimates were overly optimistic, which led them to bid too much and lose money as a result. The authors first unveil a fresh survey of experimental data on the winner's curse. Melding theory with the econometric analysis of field data, they assess the design of government auctions, such as the spectrum rights (air wave) auctions that continue to be conducted around the world. The remaining chapters gauge the impact on sellers' revenue of the type of auction used and of inside information, show how bidders learn to avoid the winner's curse, and present comparisons of sophisticated bidders with college sophomores, the usual guinea pigs used in laboratory experiments. Appendixes refine theoretical arguments and, in some cases, present entirely new data. This book is an invaluable, impeccably up-to-date resource on how auctions work--and how to make them work.

Information Economics

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Author :
Publisher : Routledge
ISBN 13 : 1134190581
Total Pages : 487 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Information Economics by : Urs Birchler

Download or read book Information Economics written by Urs Birchler and published by Routledge. This book was released on 1999-06-23 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new text book by Urs Birchler and Monika Butler is an introduction to the study of how information affects economic relations. The authors provide a narrative treatment of the more formal concepts of Information Economics, using easy to understand and lively illustrations from film and literature and nutshell examples. The book first covers the economics of information in a 'man versus nature' context, explaining basic concepts like rational updating or the value of information. Then in a 'man versus man' setting, Birchler and Butler describe strategic issues in the use of information: the make-buy-or-copy decision, the working and failure of markets and the important role of outguessing each other in a macroeconomic context. It closes with a 'man versus himself' perspective, focusing on information management within the individual. This book also comes with a supporting website (www.alicebob.info), maintained by the authors.