Showing 1 - 10 of 144
We investigate the factors driving workers' decisions to generate public goods inside an organization through a randomized solicitation of workplace improvement proposals in a medical center with 1200 employees. We find that pecuniary incentives, such as winning a prize, generate a threefold...
Persistent link: https://www.econbiz.de/10012993841
last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle …
Persistent link: https://www.econbiz.de/10013130786
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
We examine how collateral affects the cost of debt capital. Theories based on borrower moral hazard and limited pledgeable income predict that collateral increases the availability of credit and reduces its price. Testing these theories is complicated by the very selection problem which they...
Persistent link: https://www.econbiz.de/10012772363
Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that … public policy issues facing the industry: (a) the sustainability of competition and volatility of airline profits, (b …
Persistent link: https://www.econbiz.de/10012775910
Increasing evidence indicates the importance of management in determining firms' productivity. Yet, causal evidence regarding the effectiveness of management practices is scarce, especially for high-skilled workers in the developed world. In an eight-month field experiment measuring the...
Persistent link: https://www.econbiz.de/10012891317
take advantage of a quasi-experiment — the introduction of new routes by a low-cost airline — to test the predictions of … the theory. Results show that travel costs constitute an important friction to collaboration: after a low-cost airline …
Persistent link: https://www.econbiz.de/10012898851
The U.S. airline industry went through tremendous turmoil in the early 2000's. There were four major bankruptcies and … the airline industry, and estimates the impact of demand and supply changes on profitability. We find that, compared with …
Persistent link: https://www.econbiz.de/10012758133
renegotiation and estimate it using data on the airline industry in the United States. We find that airlines successfully … their fleet is low. Our results show that strategic renegotiation is common in the airline industry. Moreover, the results …
Persistent link: https://www.econbiz.de/10012771713
Airline transport generates a growing share of global greenhouse gas emissions but as of late 2016, this sector has not … have invested in human and physical capital and an inventory of parts to maintain these vehicles. Each airline chooses …
Persistent link: https://www.econbiz.de/10012979351