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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
We rank counties in the United States of America with respect to population health. We utilize the five observable county health variables used to construct the University of Wisconsin Population Health Institute’s County Health Rankings (CHRs). Our method relies on a factor analysis model to...
Persistent link: https://www.econbiz.de/10013313337
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct … extends models used for ranking players in tournaments, such as chess or tennis. When a student makes his matriculation … the information contained in thousands of these wins and losses. Our method produces a ranking that would be difficult for …
Persistent link: https://www.econbiz.de/10014069303
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct … extends models used for ranking players in tournaments, such as chess or tennis. When a student makes his matriculation … the information contained in thousands of these wins and losses. Our method produces a ranking that would be difficult for …
Persistent link: https://www.econbiz.de/10013141242
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
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
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
Scholars engage in extensive debate about the role of families and corporations in economic growth. Some propose that personal ties provide a mechanism for overcoming such transactions costs as asymmetrical information, while others regard familial connections as conduits for inefficiency, with...
Persistent link: https://www.econbiz.de/10012965431
Family firms are typically associated with negative characteristics, including lower tendencies towards innovation, a higher risk of failure, and inefficiencies deriving from nepotism among family members, criticisms which are even greater when the company is handed over to a female relative....
Persistent link: https://www.econbiz.de/10013030075
The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...
Persistent link: https://www.econbiz.de/10013070644