THE FIRST BOOK IN THE HEART-STOPPING WINNER'S TRILOGY: an irresistible story of forbidden romance and class warfare 'Every line in The Winner's Curse is beautifully written. The story is masterfully plotted. The characters' dilemmas fascinated me and tore at my heart... I loved it. I want more.' Kristin Cashore, author of the Graceling Realm books Winning what you want may cost you everything you love. As a general's daughter in a vast empire that revels in war and enslaves those it conquers, Kestrel has two choices: she can join the military or get married. Kestrel has other ideas. One day, she is startled to find a kindred spirit in Arin, a young slave up for auction. Following her instinct, Kestrel buys him - and for a sensational price that sets the society gossips talking. It's not long before she has to hide her growing love for Arin. But he, too, has a secret and Kestrel quickly learns that the price she paid for him is much higher than she ever could have imagined. The first novel in a stunning trilogy, The Winner's Curse is a story of romance, rumours and rebellion, where dirty secrets and careless alliances can be deadly – and everything is at stake.

In the roaring 1990s, many companies seemed to claim great victories-acquiring another company, obtaining state-of-the art technology, or hiring a potential CEO savior-only to find that they had made a great mistake. The term "Winner's Curse" was coined by economists to explain an effect commonly observed in auctions. In such situations, since the winning bidder is usually the most optimistic about the value of the item being auctioned, there is a very good chance that the bid will be more (sometimes much more) than the item is worth. So a company that overvalues a good or service, or bids higher than its value has the potential of experiencing this Winner's Curse. In this book, G. Anandalingam and Henry C. Lucas, Jr. expand the model of the Winner's Curse to explain how companies like Tyco, MCI-WorldCom and Bank One overpaid for acquisitions, and how shareholders suffered as a result. They elucidate the disasters that happened during the rush to acquire new technologies and illuminate the reasons that companies that were seemingly pioneers in the dot-com era fell by the wayside. Beginning by exploring the psychological, personal and market factors that can encourage a decision maker to overvalue an asset and experience the Winner's Curse, the book goes on to examine several case studies, including the disastrous wireless spectrum auctions that have devastated the telecommunications industry, and the dot-com bust. It concludes by discussing ways to avoid the Winner's Curse, calling for major changes in the behavior of CEOs and members of boars of directors, as well as the use of powerful techniques for analyzing decisions, including a systems approach to decision making, scenario analysis and game theory.

Printbegrænsninger: Der kan printes 1 kapitel eller op til 5% af teksten

NEW YORK TIMES BESTSELLER • The groundbreaking investigation of how the global elite's efforts to "change the world" preserve the status quo and obscure their role in causing the problems they later seek to solve. An essential read for understanding some of the egregious abuses of power that dominate today’s news. "Impassioned.... Entertaining reading.” —The Washington Post Anand Giridharadas takes us into the inner sanctums of a new gilded age, where the rich and powerful fight for equality and justice any way they can—except ways that threaten the social order and their position atop it. They rebrand themselves as saviors of the poor; they lavishly reward “thought leaders” who redefine “change” in ways that preserve the status quo; and they constantly seek to do more good, but never less harm. Giridharadas asks hard questions: Why, for example, should our gravest problems be solved by the unelected upper crust instead of the public institutions it erodes by lobbying and dodging taxes? His groundbreaking investigation has already forced a great, sorely needed reckoning among the world’s wealthiest and those they hover above, and it points toward an answer: Rather than rely on scraps from the winners, we must take on the grueling democratic work of building more robust, egalitarian institutions and truly changing the world—a call to action for elites and everyday citizens alike.

Innovation has become a buzzword that promises dramatic changes in almost every field of business. Absent from this attention is a serious discussion of the ethical sides of dramatic change. To address this, editors Georges Enderle and Patrick E. Murphy gather a team of experts to fully examine the ethics of innovation within business and the economy in this standout addition to the Studies in TransAtlantic Business Ethics series.

On the island of Bellona, they worship the sun. Seventeen-year-old Veda understands that keeping the sun content ensures plentiful crops, peace and harmony, and a thriving economy. But as a member of the Basso class, she never reaps those benefits. Life as a Basso is one fraught with back-breaking work and imposing rules. Her close friendship with Nico is Veda’s one saving grace in a cruel world where the division between her people and the ruling Dogio is as wide and winding as the canals that snake through their island. But when Veda’s grandfather is chosen as the next sacrificial offering to keep the sun’s favor, Veda is forced to see the injustice of her world. Turning away from the sun means she must join the night—and an underground revolution she’s been taught to fear all her life.

In a monumental and important work for the Thoroughbred industry, author and pedigree researcher Avalyn Hunter provides extensive pedigree analysis of every American classic race winner from 1914 through 2002.

When two wolves escape one night from his fairy tale book and threaten to eat him, Herb enlists the reluctant help of Cinderella's fairy godmother.

War has begun. Arin is in the thick of it with untrustworthy new allies and the empire as his enemy. Though he has convinced himself that he no longer loves Kestrel, Arin hasn't forgotten her, or how she became exactly the kind of person he has always despised. She cared more for the empire than she did for the lives of innocent people--and certainly more than she did for him. At least, that's what he thinks. In the frozen north, Kestrel is a prisoner in a brutal work camp. As she searches desperately for a way to escape, she wishes Arin could know what she sacrificed for him. She wishes she could make the empire pay for what they've done to her. But no one gets what they want just by wishing. As the war intensifies, both Kestrel and Arin discover that the world is changing. The East is pitted against the West, and they are caught in between. With so much to lose, can anybody really win?

Violent rabbis, lovelorn wives, a busy Grim Reaper, shame-filled simians, and one seriously angry deity populate this humorous and disquieting collection. Shalom Auslander's stories in Beware of God have the mysterious punch of a dream. They are wide ranging and inventive: A young Jewish man's inexplicable transformation into a very large, blond, tattooed goy ends with a Talmudic argument over whether or not his father can beat his unclean son with a copy of the Talmud. A pious man having a near-death experience discovers that God is actually a chicken, and he's forced to reconsider his life -- and his diet. At God's insistence, Leo Schwartzman searches Home Depot for supplies for an ark. And a young boy mistakes Holocaust Remembrance Day as emergency preparedness training for the future. Auslander draws upon his upbringing in an Orthodox Jewish community in New York State to craft stories that are filled with shame, sex, God, and death, but also manage to be wickedly funny and poignant.