We explore why some employees may be at a disadvantage in searching for information in organizations. The "small-world" argument in social network theory emphasizes that people are, on average, only a few connections away from the information they seek. However, we argue that such a network...

When firms recruit inventors, they acquire not only the use of their skills but also enhanced access to their stock of ideas. But do hiring firms actually increase their use of new recruits' prior inventions? Our estimates suggest they do, quite significantly in fact, by approximately 219% on...

In this paper, we model a manufacturer that contracts with two retailers, who then choose retail prices and stocking quantities endogenously in a Bayesian Nash equilibrium. If the manufacturer designs a contract that is accepted by both retailers, it sets the wholesale price as a compromise...

This paper examines whether interpersonal networks help explain two widely documented patterns of knowledge diffusion: (1) geographic localization of knowledge flows, and (2) concentration of knowledge flows within firm boundaries. I measure knowledge flows using patent citation data, and employ...

Are lone inventors more or less likely to invent breakthroughs? Recent research has attempted to resolve this question by considering the variance of creative outcome distributions. It has implicitly assumed a symmetric thickening or thinning of both tails, i.e., that a greater probability of...