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Good Rankings are Bad : Why Reliable Rankings Can Hurt Consumers

Bouton, Laurent - 2015

unbiased informative ranking. The existence of the ranking might affect the welfare of all consumers negatively. With rigid … prices, the ranking induced change in demand can be detrimental to all consumers in markets featuring rationing or … consumption externalities. With perfectly flexible prices, the ranking might increase firms' market power, and hence lead to …

Persistent link: https://www.econbiz.de/10013024517

Skill Dispersion and Trade Flows

Bombardini, Matilde - 2009

Is skill dispersion a source of comparative advantage? While it is established that a country's aggregate endowment of human capital is an important determinant of comparative advantage, this paper investigates whether the distribution of skills in the labor force can play a role in the...

Persistent link: https://www.econbiz.de/10013158695

Taste for Competition and the Gender Gap Among Young Business Professionals

Reuben, Ernesto - 2015

Using an incentivized measure of test for competition, this paper investigates whether this taste explains subsequent gender differences in earnings and industry choice in a sample of high-ability MBA graduates. We find that “competitive” individuals earn 9% more than their less competitive...

Persistent link: https://www.econbiz.de/10013012390

Text-Based Network Industries and Endogenous Product Differentiation

Phillips, Gordon M. - 2010

We study how firms differ from their competitors using new time-varying measures of product differentiation based on text-based analysis of product descriptions from 50,673 firm 10-K statements filed yearly with the Securities and Exchange Commission. This year-by-year set of product...

Persistent link: https://www.econbiz.de/10013143460

Adoptive Expectations : Rising Sons in Japanese Family Firms

Mehrotra, Vikas - 2011

The practice of adopting adults, even if one has biological children, makes Japanese family firms unusually competitive. Our nearly population-wide panel of postwar listed nonfinancial firms shows inherited family firms more important in postwar Japan than generally realized, and also performing...

Persistent link: https://www.econbiz.de/10013128613

Must Love Kill the Family Firm?

Mehrotra, Vikas - 2010

Family firms depend on a succession of capable heirs to stay afloat. If talent and IQ are inherited, this problem is mitigated. If, however, progeny talent and IQ display mean reversion (or worse), family firms are eventually doomed. This is the essence of the critique of family firms in...

Persistent link: https://www.econbiz.de/10013138398

Matching Firms, Managers and Incentives

Bandiera, Oriana - 2012

We exploit a unique combination of administrative sources and survey data to study the match between firms and managers. The data includes manager characteristics, such as risk aversion and talent; firm characteristics, such as ownership; detailed measures of managerial practices relative to...

Persistent link: https://www.econbiz.de/10013115322

Mom-and-Pop Meet Big-Box : Complements or Substitutes?

Haltiwanger, John - 2014

In part due to the popular perception that Big-Boxes displace smaller, often family owned (a.k.a. Mom-and-Pop) retail establishments, several empirical studies have examined the evidence on how Big-Boxes' impact local retail employment but no clear consensus has emerged. To help shed light on...

Persistent link: https://www.econbiz.de/10013070778

The Great Pyramids of America : A Revised History of Us Business Groups, Corporate Ownership and Regulation, 1930-1950

Kandel, Eugene - 2013

Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms. Hand-collected historical data illuminate how the present ownership structure of the United States arose: (1)...

Persistent link: https://www.econbiz.de/10013071909

Family Firms, Paternalism, and Labor Relations

Mueller, Holger M. - 2007

Using firm-, industry-, and country-level data, we document a link between family ownership and labor relations. Across countries, we find that family ownership is relatively more prevalent in countries in which labor relations are difficult, consistent with firm-level evidence suggesting that...

Persistent link: https://www.econbiz.de/10012778155