Fernández López, Pablo
One year since Argentina took control of the oil company YPF from the Spanish firm, Repsol, IESE Prof. Pablo Fernandez asked 22,000 international experts to give their best estimate of the compensation that Repsol should receive as a result of the expropriation: $10.3 billion was the average, according to the nearly 2,000 responses received.
Sachon, Marc; Laux, Eric
Like many retailers, Media Markt, Europe's largest retailer of consumer electronics, saw opportunities to boost revenue through online sales. But its first attempt to sell over the Internet led to clashes between its sales channels, and its online store eventually closed. Now, having acquired the Internet dispatcher, Redcoon, Media Markt is ready to try again. Will it fare better the second time around?
Baucells Alibés, Manel; Heukamp, Franz
Investors make decisions that almost always involve not only an outcome that is uncertain but also delay. Yet until now, economists have studied the relationships between outcome and uncertainty, and between outcome and time, on a separate basis. By accounting for the trade-offs between all three elements, a new model offers the hope of a clearer, more nuanced understanding of investment behavior.