Similar Search Results

Edmans, Alex - 2011

reduces a colleague's marginal cost of effort, and synergy to be the sum of the (unidimensional) influence parameters across a … depends only on total synergy and not individual influence parameters. An increase in synergy raises total effort and total … synergistic agents. An increase in the synergy between two agents can lead to the third agent being excluded from the team, even …

Persistent link: https://www.econbiz.de/10013118246

Busy Directors : Strategic Interaction and Monitoring Synergies

Ljungqvist, Alexander - 2017

We derive conditions for when having a “busy” director on the board is harmful to shareholders and when it is beneficial. Our model allows directors to condition their monitoring choices on their co-directors' choices and to experience positive or negative monitoring synergies across firms....

Persistent link: https://www.econbiz.de/10012946482

Synergizing Ventures

Akcigit, Ufuk - 2019

Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC-backing increases a startup's likelihood of reaching the right tails of the firm size and...

Persistent link: https://www.econbiz.de/10012863701

Retail Trade by Federal Reserve District, 1919 to 1939 : A Statistical History

Anderson, Haelim - 2010

Soon after beginning operations, the Federal Reserve established a nationwide network for collecting information about the economy. In 1919, the Fed began tabulating data by about retail sales, which it viewed as a fundamental measure of consumption. From 1920 until 1929, the Federal Reserve...

Persistent link: https://www.econbiz.de/10013135054

From Beijing to Bentonville : Do Multinational Retailers Link Markets?

Head, Keith - 2010

Each of the world's largest retailers---Walmart, Carrefour, Tesco, and Metro---entered China after 1995. Their subsequent expansion in China may have influenced Chinese exports through two channels. First, they may have enhanced bilateral exports between the retailers' Chinese operations and...

Persistent link: https://www.econbiz.de/10013139132

Income Differences and Prices of Tradables : Insights from an Online Retailer

Simonovska, Ina - 2010

I study the positive relationship between prices of tradable goods and per-capita income. I develop a highly tractable general equilibrium model of international trade with heterogeneous firms and non-homothetic consumer preferences that positively links prices of tradables to consumer income....

Persistent link: https://www.econbiz.de/10013139751

Staggering and Synchronization in Price-Setting : Evidence from Multipro-Duct Firms

Lach, Saul - 2010

Most of the theoretical literature on price-setting behavior deals with the special case in which only a single price is changed. At the retail-store level, at least, where dozens of products are sold by a single price-setter, price-setting policies are not formulated for individual products....

Persistent link: https://www.econbiz.de/10013140035

Competing with Costco and Sam's Club : Warehouse Club Entry and Grocery Prices

Courtemanche, Charles - 2011

Prior research shows grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers - Costco and Walmart-owned Sam's Club - are quite different. Using city-level panel grocery price data matched with a...

Persistent link: https://www.econbiz.de/10013122463

Global Retail Lending in the Aftermath of the Us Financial Crisis : Distinguishing between Supply and Demand Effects

Puri, Manju - 2011

This paper examines the broader effects of the US financial crisis on global lending to retail customers. In particular we examine retail bank lending in Germany using a unique data set of German savings banks during the period 2006 through 2008 for which we have the universe of loan...

Persistent link: https://www.econbiz.de/10013126215

Estimation of Dynamic Discrete Choice Models in Continuous Time with an Application to Retail Competition

Arcidiacono, Peter - 2012

This paper develops a dynamic model of retail competition and uses it to study the impact of the expansion of a new national competitor on the structure of urban markets. In order to accommodate substantial heterogeneity (both observed and unobserved) across agents and markets, the paper first...

Persistent link: https://www.econbiz.de/10013099418