market power (defined as the ability to pay a price for corn that is below its marginal value product net of processing cost …). We estimate a structural model of spatial competition using corn procurement data from the U.S. state of Indiana from … 2004 to 2014. We adopt a strategy that allows us to estimate firm-level structural parameters while using aggregate data …

In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find …

We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team … is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation … is weak. We also connect collaborative patents to the ethnic composition of the firm's U.S. inventors and cross …

From 1963 through 2015, idiosyncratic risk (IR) is high when market risk (MR) is high. We show that the positive … relation between IR and MR is highly stable through time and is robust across exchanges, firm size, liquidity, and market …-to-book groupings. Though stock liquidity affects the strength of the relation, it is strong for the most liquid stocks. The relation …

across the USA than national M&As, and that for both forms of M&As location specific market access in the USA as well as …

crisis. A key mechanism driving the redistribution of risk was bank acquisition. Each acquisition increases the balance … the system, and that merger policies commonly used to deal with troubled financial institutions during crises have …