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This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10012464156
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …
Persistent link: https://www.econbiz.de/10012794585
We develop a dynamic model of board decision-making. We show that a board could retain a policy all directors agree is …
Persistent link: https://www.econbiz.de/10012480101
changes to its institutional framework. We find that deliberation significantly increases the accuracy of decision …
Persistent link: https://www.econbiz.de/10015056111
demand for decision-making and explores the consequences for life-cycle earnings. Career earnings growth in the U.S. more … substantial share of this shift is explained by increased employment in decision-intensive occupations, which have longer and more … gradual periods of earnings growth. To understand these patterns, I develop a model that nests decision-making in a standard …
Persistent link: https://www.econbiz.de/10012510612
analyze the dynamic effects of feedback on beliefs about own performance and decision-making across two different domains …
Persistent link: https://www.econbiz.de/10012660060
We examine individuals' decisions to attend protests during the summer of 2020. Our analysis examines two simultaneous movements: Black Lives Matter along with protests calling for less stringent public health measures to combat the COVID-19 (e.g., for swifter reopening of businesses). Our...
Persistent link: https://www.econbiz.de/10013191081
Persistent link: https://www.econbiz.de/10000110924
Food manufacturing and processing is an important link between agricultural producers and consumers in the agricultural supply chain. The food manufacturing sector in the United States is both increasingly mechanized and increasingly concentrated. Consequently, labor risks in food manufacturing...
Persistent link: https://www.econbiz.de/10012585380
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429