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SUMMARY:Seminar by Dr. Georg Blind\, University of Zurich
DTSTART:20170331T120000
DTEND:20170331T133000
DTSTAMP:20260916T043945Z
UID:2a9eb5f87e1d3da43136929cd60c0b77e4ba0e63a085db7c70f74ce6
CATEGORIES:Conferences - Seminars
DESCRIPTION:Dr. Georg Blind\, University of Zurich\n"Modelling the 'Visito
 rs to Rome'-effect: Reputation-building in Anglo-Saxon buyout funds in Jap
 an"\n\n\nStereotypes pose a major challenge to agents entering a foreign m
 arket. For overcoming stereotype\, visitor agents may decide to emulate do
 mestic behavior. We develop a simple model of reputation building in trans
 actions with revealed identities and show that such tendency may even impl
 y over-assimilation if stereotypes are sticky and assimilation efforts are
  not overly costly.\nFor testing our model predictions we use data on priv
 ate equity-led buyout transactions in Japan from 1998 to 2015. While we fi
 nd early transactions of Anglo-Saxon investors with marked differences\, w
 e identify a strong tendency toward approximation of domestic standards\, 
 which eventually leads into over-compensation.
LOCATION:EPFL\, ODY 4.03\, VIP Room http://plan.epfl.ch/?zoom=19&recenter_
 y=5863800.12869&recenter_x=731560.22521&layerNodes=fonds\,batiments\,label
 s\,information\,parkings_publics\,arrets_metro\,transports_publics&floor=4
 &q=ODY_4.03
STATUS:CONFIRMED
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