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Motivated by a characteristic way in which firms in developed countries make their decisions regarding cooperation with potential partners from less developed countries, we design a simple model of a DC firm's search for an LDC partner/supplier and the subsequent relationship between the two...
Persistent link: https://www.econbiz.de/10005714211
There are many social situations in which the actions of different agents reinforce each other. These include network effects and the threshold models used by sociologists (Granovetter, Watts) as well as Leibenstein's "bandwagon effects." We model such situations as a game with increasing...
Persistent link: https://www.econbiz.de/10005718481
before and after takeovers. we investigate whether proxies for extramarginal wages drop after hostile takeovers. The ex post …
Persistent link: https://www.econbiz.de/10005720758
In this paper, we examine the impact of government enforcement of the U.S.-Mexican border on wages in the border …-frequency time-series data on wages and on the number of person hours that the U.S. Border Patrol spends policing border areas. For a … wages in U.S. border cities and a moderate negative impact of border enforcement on wages in Mexican border cities. These …
Persistent link: https://www.econbiz.de/10005774773
This paper examines whether CEOs are fired after bad firm performance caused by factors beyond their control. Standard economic theory predicts that corporate boards filter out exogenous industry and market shocks to firm performance when deciding on CEO retention. Using a new hand-collected...
Persistent link: https://www.econbiz.de/10005580178
Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of high skills, and an easy task assigned to a high-skill...
Persistent link: https://www.econbiz.de/10010821886
This paper studies the economic effects of endorsements. In the publishing sector, endorsements from the Oprah Winfrey Book Club are found to be a business stealing form of advertising that raises title level sales without increasing the market size. The endorsements decrease aggregate adult...
Persistent link: https://www.econbiz.de/10011188550
Work schedules play an important role in time-sensitive production utilizing workers interchangeably. Studying emergency department physicians in shift work, I find two types of strategic behavior induced by schedules. First, on an extensive margin, physicians "slack off" by accepting fewer...
Persistent link: https://www.econbiz.de/10011196777
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10010969291
While there is strong evidence for productivity-driven selection into exporting, previous research has mostly failed to … identify export-related efficiency gains within plants. This non-result is derived from revenue productivity (TFPR), thus also …
Persistent link: https://www.econbiz.de/10010969319