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Designing Human-AI Collaboration : A Sufficient-Statistic Approach

Agarwal, Nikhil; Moehring, Alex; Wolitzky, Alexander - National Bureau of Economic Research - 2025

We propose a sufficient statistic for designing AI information-disclosure and selective automation policies. The approach allows for endogenous and biased beliefs, and effort crowd-out, without using a structural model of human decision-making. We deploy and validate our approach in a...

Persistent link: https://www.econbiz.de/10015421900

Innovation Network

Acemoglu, Daron - 2016

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

Persistent link: https://www.econbiz.de/10012455897

Dynamic Commercialization Strategies for Disruptive Technologies : Evidence from the Speech Recognition Industry

Marx, Matt - 2013

When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …

Persistent link: https://www.econbiz.de/10012458899

Business Groups in Canada : Their Rise and Fall, and Rise and Fall Again

Morck, Randall - 2015

Family-controlled pyramidal business groups were important in Canada early in the 20th century, amid rapid catch-up industrialization, but largely gave way to widely held free-standing firms by mid- century. In the 1970s and early 1980s - an era of high inflation, financial reversal,...

Persistent link: https://www.econbiz.de/10012456963

Market Structure and International Trade : Business Groups in East Asia

Feenstra, Robert C. - 1993

In this paper we study the effect of market structure on the trade performance of South Korea, Taiwan, and Japan. We center our analysis on Korea and Taiwan, countries which have very different market structures: Korea has many large, vertically-integrated business groups known as chaebol,...

Persistent link: https://www.econbiz.de/10012474406

Business Groups and the Big Push : Meiji Japan's Mass Privatization and Subsequent Growth

Morck, Randall - 2007

Rosenstein-Rodan (1943) and others posit that rapid development requires a 'big push' -- the coordinated rapid growth of diverse complementary industries, and suggests a role for government in providing such coordination. We argue that Japan's zaibatsu, or pyramidal business groups, provided...

Persistent link: https://www.econbiz.de/10012465482

Corporate Governance, Business Group Governance and Economic Development Traps

Dau, Luis - 2020

a negative externality upon firms they destroy or disrupt, but a larger positive innovation-related externality upon the … whole economy. Business groups avoid creative self-destruction, innovation by one group firm that disrupts another …

Persistent link: https://www.econbiz.de/10012482288

Return Migrants’ Self-selection : Evidence for Indian Inventor

Breschi, Stefano - 2018

(work or education), and the permanence spell up to either the return to India or right truncation. By means of survival …

Persistent link: https://www.econbiz.de/10012452912

Defacto and Deeded Intellectual Property : Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy

Zucker, Lynne G. - 2014

Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...

Persistent link: https://www.econbiz.de/10012458417

Ferreting Out Tunneling : An Application to Indian Business Groups

Bertrand, Marianne - 2000

In many countries, controlling shareholders are accused of tunneling, transferring resources from companies where they have few cash flow rights to ones where they have more cash flow rights. Quantifying the extent of such tunneling, however, has proven difficult because of its illicit nature....

Persistent link: https://www.econbiz.de/10012470784