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of oligopoly concerns resulting from mergers. In this paper, we provide a critique of Bork's views on merger policy from …
Persistent link: https://www.econbiz.de/10012458727
We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and employment agreements. We consider firms whose ability to protect intellectual property (IP) using patents is weakened following the Alice Corp. vs. CLS Bank International...
Persistent link: https://www.econbiz.de/10013462719
In an experiment in non-formal schools in Indian slums, a reward scheme for attending a target number of school days increased average attendance when the scheme was in place, but had heterogeneous effects after it was removed. Among students with high baseline attendance, the incentive had no...
Persistent link: https://www.econbiz.de/10012456151
We test the effect of performance-based incentives on educational achievement in a low-performing school district using a randomized field experiment. High school freshmen were provided monthly financial incentives for meeting an achievement standard based on multiple measures of performance...
Persistent link: https://www.econbiz.de/10012456567
Most countries reduce Disability Insurance (DI) benefits for beneficiaries earning above a specified threshold. Such an earnings threshold generates a discontinuous increase in tax liability--a notch--and creates an incentive to keep earnings below the threshold. Exploiting such a notch in...
Persistent link: https://www.econbiz.de/10012452891
Managers conducting earnings conference calls display distinctive styles in their word choice. Some CEOs and CFOs are … find earnings news less informative when managers are vague; they respond less and more slowly as a result. Thus …
Persistent link: https://www.econbiz.de/10012455256
and incentives we find evidence largely consistent with the theory, showing that LSCs with higher management capacity and …
Persistent link: https://www.econbiz.de/10012456613
We find support for two key predictions of an agency theory of unproductive corporate social responsibility. First …
Persistent link: https://www.econbiz.de/10012459228
As the American college student population has become more diverse, the goal of hiring a more diverse faculty has received increased attention in higher education. A signal of institutional commitment to faculty diversity often includes the hiring of an executive level chief diversity officer...
Persistent link: https://www.econbiz.de/10012480622
and derive empirical analogs of the price effects and choice distortions identified by theory. We find that price effects …
Persistent link: https://www.econbiz.de/10012455769