Melbourne Business School

About: Melbourne Business School is a based out in . It is known for research contribution in the topics: Bayesian probability & Copula (probability theory). The organization has 155 authors who have published 764 publications receiving 37402 citations.

Advancing the scientific understanding of trust in the contexts of negotiations and repeated bargaining

Abstract: More than half a century ago, Deutsch (1949, 1958) recognised the critical role that trust plays in negotiations and related forms of social interactions. Despite this very early recognition, and r...

Budget rules and flexibility in the public sector: Towards a taxonomy

Abstract: The practices and norms of public budgeting have often been seen as a brake on the flexibility needed of government organisations. This remains true despite historically significant financial management reforms designed around budgetary devolution. Seeing flexibility as operating along two dimensions – devolution and discretion – this paper revisits the underlying features of traditional public budgeting to develop a taxonomy of six generic ‘budget rules’. By isolating key properties of budget control, the paper uses two of the more prominent rules – annuality and purpose – to illustrate how the rules interact to generate control capacity, as well as the scope for rule variability in promoting increased flexibility.

Drivers of emerging market cross border mergers and acquisitions: evidence from the Indian IT industry

Abstract: The present study examines the drivers of cross border mergers and acquisitions (CBMA) from the Indian information technology sector for the period 2000–2011. It uses a multi-theoretic analysis roo...

Time Lags and Indicative Planning in a Dynamic Model of Industrialization

Abstract: This paper presents a model that combines the increasing specialization and adoption of modern technologies views of industrialization. Both of these views have been used in the recent literature to demonstrate the possibility of coordination failure. With simultaneous production across sectors, the model generates the indeterminancy of equilibria common to the recent literature. However, by positing quite natural time lags in production this indeterminancy is eliminated. It is shown that, in such a framework, even with optimistic expectations, firms prefer to delay industrialization in the development trap. This suggests that policies aimed at transition by using indicative planning are unlikely to be successful. J. Japan. Int. Econ., June 1998, 12 (2), pp. 103–130. Melbourne Business School, University of Melbourne, Carlton, Victoria 3053, Australia. Copyright 1998 Academic Press. Journal of Economic Literature Classification Numbers O14 and O20.