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We investigate the acquisition of Goose Island by Anheuser-Busch InBev to uncover the effects of such an acquisition on pricing and growth in the craft beer industry. We investigate the implications of the acquisition within the context of maverick firms and the unique strategic environment of...
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Maverick firms have an outsized influence on the markets in which they compete, but they are rarely studied in the literature. Mergers involving mavericks have the potential to exert larger anticompetitive effects than those involving non-mavericks. Using difference-in-differences as well as...
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We test whether laboratory measures of individual preferences for risk and guilt relate to risk-connected behaviors in a pandemic, such as socializing, dining in at restaurants, and hand washing. We also investigate how guilt and risk aversion relate to the impact of governmental...
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