Mergers and acquisitions (M&A) are a common phenomenon of great importance in today’s business world. However, the majority of them fail to achieve the aspired objectives. These failures can be attributed to various circumstances, inter alia decision-makers’ vulnerability to behavioral biases due to the complexity, uncertainty, and time pressure characteristic of M&A transactions. Such biases o...

Einar Flydal is Senior Adviser in Telenor R&I, and assistant professor at Institute of Telematics, NTNU The ICT business is now busy adapting to the message from the The Intergovernmental Panel on Climate Change (IPCC). Hence, consultancy companies are now re-launching energy saving applications invented in the ICT research labs and taken to market a decade or two ago: distance work, distance e...

The literature on interlinkage is inconclusive regarding the strict superiority of this arrangement. We analyze a landlord and a moneylender as two players making non-cooperative decisions regarding the terms of their respective contracts with a tenant. In the sequential game where the landlord moves first and the tenant has limited liability, we demonstrate that there exist circumstances in wh...

“These companies have an obligation to the United States of American to pay their taxes.” Representative Rosa DeLauro, in response to a $10 billion contract to Accenture LLP, which is based in Bermuda in order to avoid paying U.S. corporate income taxes. These sorts of strong feelings arise, in part, because the role of corporate taxation has changed over time. Corporations are taxed on net ear...