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. More information including estimates of recent trends in business ownership and performance (e.g. survival rates, sales …
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has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with …
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performance and post-dissolution private and financial outcomes with a selected set of comparable firms and couples. We find …
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