support for our theory in merger data using a novel measure of debt misvaluation …

combines these methods by using observed decisions by experts to reduce the demensionality of the feature space and allow the … categorization of decisions by their propensity score. The fact that the human capital of experts is heterogeneous implies that …

We examine misconduct in credence good markets with price taking experts. We propose a market-level model in which … price-taking experts extract surplus based on the value of their firm's brand and their own skill. We test the predictions … independent experts, despite doing substantially less business. In addition, more experienced experts attract more complaints per …

motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is …

financial theory holds that equity should be a good inflation hedge since it represents a claim of real rather than nominal …

suggested by the theory. We also find that the expected security returns implied by the expectations data are related to …