This article investigates the market for skyscrapers in Manhattan from 1895 to 2004. Clark and Kingston (1930) have argued that extreme height is a result of profit maximization, while Helsley and Strange (2008) posit that skyscraper height can be caused, in part, by strategic interaction among...

This article is the first to rigorously test how skyscraper height and output co-move. Because builders can use their buildings for nonrational or nonpecuniary gains, it is widely believed that height competition occurs near the business cycle peaks. This would suggest that extreme building...

type="main" <title type="main">ABSTRACT</title> <p>This paper investigates skyscraper competition between New York City and Chicago. The urban economics literature is generally silent on strategic interaction between cities, yet skyscraper rivalry between these cities is a part of U.S. historiography. This paper tests...</p>

This paper studies the distribution of teacher quality measures across the New York City school system. Both school-based and neighborhood-based effects are measured; and both types of variables significantly affect the distribution of teacher quality. Schools that are more likely to be in need of...

This paper investigates the determinants of skyscraper building cycles in Manhattan from 1895 to 2004. We first provide a simple model of the market for tall buildings. Then we empirically estimate the determinants of the time series of the number of skyscraper completions and their average...

The purpose of this chapter is two-fold: (1) to make the case that a standard backward propagation artificial neural network (ANN) can be used as a general model of the information processing activities of the firm, and (2) to present a synthesis of Barr and Saraceno (BS) (2002, 2004, 2005), who...

This paper investigates the relationship between environmental complexity and firm organization. We ask: Given the complexity of the environment, which organizational structure and level of decision making authority optimizes performance of a firm? We assume the information processing...

This paper investigates the determinants of skyscraper height. First a simple model is provided where potential developers desire not only profits but also status, as measured by their rank in the height hierarchy. The optimal height in equilibrium is a function of the cost and benefits of...

In this paper we present a generalization of power indices which includes the preferences of the voters. Using a Multilinear Extension perspective (Owen, 1972a) we measure the probability of the players' voting 'yes' for a particular political issue. Further, we randomize the issues and show the...

We study the dynamics of firm size in a repeated Cournot game with unkown demand function. We model the firm as a type of artificial neural network. Each period it must learn to map environmental signals to both demand parameters and its rival's output choice. But this learning game is in the...