Narrow search
Showing 1 - 10 of 235
Cover Image
Learning about CEO Ability and Stock Return Volatility
Pan, Yihui - 2013
When there is uncertainty about a CEO's quality, news about the firm causes rational investors to update their expectation of the firm's profitability for two reasons: Updates occur because of the direct effect of the news, and also because the news can cause an updated assessment of the CEO's...
Persistent link: https://www.econbiz.de/10012459779
Cover Image
Computational economics : a perspective from computational intelligence
Chen, Shu-Heng; Chen, Shu-Heng - 2006
foundation. The scope of this volume comprises finance, economics, management, organizational theory and public policies. It …
Persistent link: https://www.econbiz.de/10011725906
Cover Image
Serious game design and development : technologies for training and learning
Cannon-Bowers, Janis A. (contributor);  … - 2010
. Application of behavioral theory in computer game design for health behavior change / Ross Shegog -- …
Persistent link: https://www.econbiz.de/10011726782
Cover Image
Bonus Question : Does Flexible Incentive Pay Dampen Unemployment Dynamics?
Gaur, Meghana; Grigsby, John R.; Hazell, Jonathon; … - National Bureau of Economic Research - 2023
We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first-order equivalent in an economy with flexible incentive pay and...
Persistent link: https://www.econbiz.de/10014372479
Cover Image
Agency Business Cycles
Golosov, Mikhail - 2015
We propose a new business cycle theory. Firms need to randomize over firing or keeping workers who have performed …
Persistent link: https://www.econbiz.de/10012456927
Cover Image
Spill-Overs from Good Jobs
Beaudry, Paul - 2007
Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The answer to this question is central to a proper assessment of many trade and industrial policies. In this paper, we explore this question by examining how predictable changes in...
Persistent link: https://www.econbiz.de/10012465649
Cover Image
Understanding Corporate Governance Through Learning Models of Managerial Competence
Hermalin, Benjamin E. - 2014
A manager's shareholders, board of directors, and potential future employers are continually assessing his ability. A rich literature has documented that this insight has profound implications for corporate governance because assessment generates incentives (good and bad), introduces assorted...
Persistent link: https://www.econbiz.de/10012458636
Cover Image
Scale and Skill in Active Management
Pastor, Lubos - 2014
We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of decreasing returns at the industry level: As the size of the active mutual fund industry increases, a fund's ability to outperform passive benchmarks declines. At the fund level,...
Persistent link: https://www.econbiz.de/10012458773
Cover Image
The Macroeconomic Expectations of U.S. Managers
McClure, Ethan M. L.; Coibion, Olivier; Gorodnichenko, Yuriy - National Bureau of Economic Research - 2022
Using responses obtained through the Nielsen Homescan panel survey, we explore the differences between managers' and … non-managers' expectations and perceptions of inflation and unemployment. By and large, managers and non-managers exhibit … information provided in a randomized control trial. Finally, the inflation expectations of managers deviate systematically from …
Persistent link: https://www.econbiz.de/10013191080
Cover Image
Games and simulations in online learning : research and development frameworks
Aldrich, Clark (contributor); Prensky, Marc (contributor);  … - 2007
theory into practice software (ETIPS) / Sara Dexter -- 12. Pervasive game design as an architectural teaching and research …
Persistent link: https://www.econbiz.de/10011726124