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Does Collaboration Pay? An Investigation for the Domain of Distributed Investment Decisions

In: Advances in Artificial Economics

Author

Listed:
  • Stephan Leitner

    (Alpen-Adria Universität Klagenfurt)

  • Alexander Brauneis

    (Alpen-Adria Universität Klagenfurt)

  • Alexandra Rausch

    (Alpen-Adria Universität Klagenfurt)

Abstract

One of the most important tasks of corporate financial management is to assure the efficiency of investment decisions (Ryan and Ryan 2002 Dutta and Fan 2009). In corporate practice it can be observed that departments are often endowed with decision making authority regarding their investments. This is due to rapidly changing markets, products, and technologies, and decentral managers who are usually better informed with respect to these volatile economic circumstances (Schuster and Clarke 2010).

Suggested Citation

  • Stephan Leitner & Alexander Brauneis & Alexandra Rausch, 2015. "Does Collaboration Pay? An Investigation for the Domain of Distributed Investment Decisions," Lecture Notes in Economics and Mathematical Systems, in: Frédéric Amblard & Francisco J. Miguel & Adrien Blanchet & Benoit Gaudou (ed.), Advances in Artificial Economics, edition 127, pages 1-13, Springer.
    • Handle: RePEc:spr:lnechp:978-3-319-09578-3_1
    DOI: 10.1007/978-3-319-09578-3_1
    as

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