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Technology, knowledge and innovation play a crucial role in explaining the competitive potential of firms and countries in today’s globalised world. With lowered barriers to international activities, firms develop technological competencies abroad, either ...
This talk presents a case study on the voluntary agreement on emissions reduction in the Swiss transport sector. Based on expert interviews, this case deals with the motivation for signing as well as the reasons for the failure of the agreement. In contras ...
This paper presents a game-theoretic model of a liberalized railway industry in which train operation and ownership of infrastructure is fully vertically separated. The objective of this paper is to analyze how the regulatory agency will socially optimal s ...
2010
In 2005, the Economist Intelligence Unit conducted a survey with Chief Risk Officers worldwide across all industries and asked about the biggest threat to their businesses. Interestingly, regulatory risk ranked first. It dominated all other types of risk, ...
EPFL2011
Several regulatory changes in Europe's electricity sector have stimulated competition in the market. National power companies, with monopolistic structures, have evolved into competitive entities, creating increased choices for consumers. Electricity price ...
This dissertation consists of three chapters. The first chapter empirically investigates how the intensity of product market competition affects the cost of debt. Using a large sample of loans to publicly traded US manufacturing firms, the chapter provides ...
We develop a dynamic model of corporate investment and financing decisions in which corporate insiders have superior information about the firm's growth prospects. We show that firms with positive private information can credibly signal their type to outsi ...
The various actors in the regulated industries relate to each other within a broader institutional framework, i.e., by way of formal and informal rules. An important role in the implementation of liberalization processes is given to regulation and thus to ...
Coopetition has been defined as an approach to managing that combines competition and cooperation. It transcends the traditional paradigms of competition and cooperation in an effort to achieve the advantages of both. As an inter-organizational relationshi ...
Co-opetition is a new field of business and of thinking. It occurs when companies collaborate joining their efforts for creating new value, while maintaining their rivalries, aspiring to outperform the other firms in the network. This new perspective advoc ...
