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Global Supply Chains and Wage Inequality
Costinot, Arnaud - 2012
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory...
Persistent link: https://www.econbiz.de/10013107972
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Why are Process Monitoring Technologies Valuable? The Use of On-Board Information Technology in the Trucking Industry
Hubbard, Thomas N. - 2021
Recent advances in information technology (IT) have enabled firms in many industries to give middle managers new access to timely production data. Process monitoring' technologies give distant managers a window to production which can both lower their cost of monitoring subordinates and provide...
Persistent link: https://www.econbiz.de/10013239158
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Making the Numbers? "Short Termism" & the Puzzle of Only Occasional Disaster
Repenning, Nelson - 2010
Much recent work in strategy and popular discussion suggests that an excessive focus on "managing the numbers" --delivering quarterly earnings at the expense of longer term investments--makes it difficult for firms to make the investments necessary to build competitive advantage. "Short termism"...
Persistent link: https://www.econbiz.de/10013138087
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Reducing Moral Hazard in Employment Relationships : Experimental Evidence on Managerial Control and Performance Pay
Kirabo Jackson, C. - 2013
Moral hazard is endemic to employment relationships and firms often use performance pay and managerial control to address this problem. While performance pay has received much empirical attention, managerial control has not. We analyze data from a managerial-control field experiment in which an...
Persistent link: https://www.econbiz.de/10013072870
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Management Quality in Public Education : Superintendent Value-Added, Student Outcomes and Mechanisms
Lavy, Victor - 2017
We present evidence about the ways that school superintendents add value in Israel's primary and middle schools. Superintendents are the CEOs of a cluster of schools with powers to affect the quality of schooling, and we extend the approach used in recent literature to measure teachers' value...
Persistent link: https://www.econbiz.de/10012943187
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Algorithms and the Changing Frontier
Agwara, Hezekiah - 2014
We first summarize the dominant interpretations of the "frontier" in the United States and predecessor colonies over the past 400 years: agricultural (1610s-1880s), industrial (1890s-1930s), scientific (1940s- 1980s), and algorithmic (1990s-present). We describe the difference between the...
Persistent link: https://www.econbiz.de/10013055503
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Above a Swamp : A Theory of High-Quality Scientific Production
Kiri, Bralind - 2015
We elaborate a model of the incentives of scientists to perform activities of control and criticism when these activities, just like the production of novel findings, are costly, and we study the strategic interaction between these incentives. We then use the model to assess policies meant to...
Persistent link: https://www.econbiz.de/10013022935
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A New Model of Quality
Krishna, Kala; Winston, Tor - 2021
We develop a new model of quality to capture the idea that even if a customer chooses to purchase a product, it may fail to deliver.' In this event, the customer may wish to choose some other product. We model this as a two stage game where firms first choose quality and then price. We find that...
Persistent link: https://www.econbiz.de/10013222059
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Do Industrial Relations Affect Plant Performance? : The Case of Commercial Aircraft Manufacturing
Kleiner, Morris M.; Leonard, Jonathan S.; Pilarski, Adam M. - 2021
large commercial aircraft. The analysis combines the deep firm- specific knowledge of management and labor typical of the … productivity impacts of movements from traditional adversarial management, which is the norm in this industry, to total quality … management (TQM) and back again. How and why TQM is adopted may be just as important as whether it is adopted. Finally …
Persistent link: https://www.econbiz.de/10013235276
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Quality Ladders and Product Cycles
Grossman, Gene M.; Helpman, Elhanan - 2021
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these two processes. Firms in the North race to bring out the next generation of a set of technology-intensive products. Each product potentially can be improved a countably infinite...
Persistent link: https://www.econbiz.de/10013235883