We present evidence that event studies can help antitrust agencies forecast impacts of mergers on innovation. In large pharmaceutical mergers, cumulative abnormal returns on portfolios of rivals predict post-merger changes in the combined firm's R&D intensity. More favorable impacts on rivals...

We design an experiment to examine whether egalitarian preferences, and in particular, behindness aversion as well as preference for favorable inequality affect competitive choices differently among males and females. We find that selection into competitive environments is: (a) negatively...

We design an experiment to examine whether egalitarian preferences, and in particular, behindness aversion as well as preference for favorable inequality affect competitive choices differently among males and females. We find that selection into competitive environments is: (a) negatively...

We design an experiment to examine whether egalitarian preferences, and in particular, behindness aversion as well as preference for favourable inequality affect competitive choices differently among males and females. We find that selection into competitive environments is: (a) negatively...

This paper combines unique experimental and survey data to examine the determinants of self-selection into a training program. Women residing in selected disadvantaged areas in New Delhi, India were invited to apply for a six-month long subsidized training program in stitching and tailoring. A...

This paper combines unique survey and experimental data to examine the determinants of self-selection into a vocational training program. Women residing in selected disadvantaged areas in New Delhi, India were invited to apply for a 6-month long free training program in stitching and tailoring....

This paper combines unique experimental and survey data to examine the determinants of self-selection into a training program. Women residing in selected disadvantaged areas in New Delhi, India were invited to apply for a six-month long subsidized training program in stitching and tailoring. A...