Showing 1 - 10 of 22
The corporate finance literature documents that managers tend to overinvest into physical assets. A number of theoretical contributions have aimed to explain this stylized fact, most of them focussing on a fundamental agency problem between shareholders and managers. The present paper shows that...
Persistent link: https://www.econbiz.de/10010480868
Boys are doing worse in school than are girls, which has been dubbed “the Boy Crisis.” An analysis of the latest data on educational outcomes among boys and girls reveals extensive disparities in grades, reading and writing test scores, and other measurable educational outcomes, and these...
Persistent link: https://www.econbiz.de/10011388170
There is no clear theoretical prediction regarding whether home computers are an important input in the educational production function. To investigate the hypothesis that access to a home computer affects educational outcomes, we conduct the first-ever field experiment involving the provision...
Persistent link: https://www.econbiz.de/10010328794
We empirically examine the determinants of adoption of information technology by primary healthcare clinics using a … Information Technology (HIT), including: (1) the adoption probabilities vary considerably by the specific type of clinic; (2) in … contrast to numerous studies in the broader technology adoption literature, we find little evidence to suggest a relationship …
Persistent link: https://www.econbiz.de/10010288238
literature to formalize the implications of robot technology. As for the first question, we establish robust evidence that ex …
Persistent link: https://www.econbiz.de/10012018299
inventors are more prevalent in the first bulk of patents of a country in a given technology, as compared to patents filed at … later stages. We interpret these results as tangible evidence of migrants facilitating the technology-specific diffusion of …
Persistent link: https://www.econbiz.de/10012052796
This paper elaborates on the recent race to sequence the human genome. Starting from the debate on public vs. private research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities play an important role, market and non-market...
Persistent link: https://www.econbiz.de/10010315164
valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …
Persistent link: https://www.econbiz.de/10010315414
We conduct an experiment to understand how enrollment defaults affect the take up and impact of an education technology …% increase in willingness to pay for the technology when shifting implementation to automatic enrollment. …
Persistent link: https://www.econbiz.de/10011777586
that if the technology is already advanced and competition intensifies then firms wouldn’t innovate. The dynamic … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012269594