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airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows … for future revenue. We examine how airline mishandled baggage, on-time performance and pricing are related to financial … distress and bankruptcy, controlling for the endogeneity of financial distress and bankruptcy. We find that an airline …
Persistent link: https://www.econbiz.de/10013122187
technologically older, vintage capital in the airline industry. Using a panel of aircraft-level data around the world, we find that …
Persistent link: https://www.econbiz.de/10013148001
Discrimination is notoriously difficult to document. Convincing tests for discrimination require good measures of the legitimate determinants of the outcome of interest, for example wages and productivity. While few contexts provide data adequate to the task of measuring discrimination, copious...
Persistent link: https://www.econbiz.de/10012750798
Over the last six decades articles published in leading economic history journals have been less likely to be co-authored than articles published in leading general economics journals. However, in both economic history and general economics journals there have been strong, monotonic increases in...
Persistent link: https://www.econbiz.de/10012956378
We identify three separate stages in the post-World War II history of applied microeconomic research: A generally non …
Persistent link: https://www.econbiz.de/10012992138
Even though teams have become the dominant mode of knowledge production, little is known regarding how they divide work among their members. Conceptualizing knowledge production as a process involving a number of functional activities, we first develop a conceptual framework to study the...
Persistent link: https://www.econbiz.de/10012992149
Research which explores unchartered waters has a high potential for major impact but also carries a higher uncertainty of having impact. Such explorative research is often described as taking a novel approach. This study examines the complex relationship between pursuing a novel approach and...
Persistent link: https://www.econbiz.de/10012993848
Knowledge generation is key to economic growth, and scientific prizes are designed to encourage it. But how does winning a prestigious prize affect future output? We compare the productivity of Fields medalists (winners of the top mathematics prize) to that of similarly brilliant contenders. The...
Persistent link: https://www.econbiz.de/10013035039
Choices are frequently made from lists where there is by necessity some ordering of options. In such situations individuals can exhibit both primacy bias towards the first option and recency bias towards the last option. We examine this phenomenon in a particularly interesting context: consumer...
Persistent link: https://www.econbiz.de/10013022937
The information content of academic citations is subject to debate. This paper views premature death as a tragic quot;natural experiment,quot; outlining a methodology identifying the quot;citation death taxquot; -- the impact of death of productive economists on the patterns of their citations....
Persistent link: https://www.econbiz.de/10012772315