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Harvard Business School
(259 results)-
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Accelerating Innovation In Energy: Insights From Multiple Sectors
February 12, 2010, 12:00am PST
This paper has contributed to a lively discussion about how such acceleration might best be accomplished and, in particular, about the role that public policy in general and the federal government...
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Local R&D Strategies And Multi-Location Firms: The Role Of Internal Linkages
March 1, 2009, 12:00am PST
This paper looks at the role of firms' internal linkages in highly competitive technology clusters, where much of the world's R&D takes place. The leading players in these clusters are...
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When Open Architecture Beats Closed: The Entrepreneurial Use Of Architectural Knowledge
October 1, 2010, 12:00am PDT
This paper describes how entrepreneurial firms can use superior architectural knowledge to open up a technical system to gain strategic advantage. The strategy involves, first, identifying...
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The Evolution Of Science- Based Business: Innovating How We Innovate
January 9, 2010, 12:00am PST
Today, the specific technologies driving growth are, of course, quite different than they were a century ago. But, the fundamental lesson - that these technologies may require new organizational...
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The Mirroring Hypothesis: Theory, Evidence And Exceptions
June 4, 2010, 12:00am PDT
The mirroring hypothesis predicts that the organizational patterns of a development project will correspond to the technical patterns of dependency in the system under development. Scholars in a...
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On The Descriptive Value Of Loss Aversion In Decisions Under Risk
January 5, 2010, 12:00am PST
Five studies are presented that explore the assertion that losses loom larger than gains. The first two studies reveal equal sensitivity to gains and losses. For example, half of the participants...
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Competing Ad Auctions: Multi-Homing And Participation Costs
May 17, 2010, 12:00am PDT
The author models competing auctions for online advertising, with attention to the participation costs that limit advertisers' interest in using small ad platforms. When participation costs are...
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Optimal Auction Design And Equilibrium Selection In Sponsored Search Auctions
May 1, 2010, 12:00am PDT
In analyses of sponsored search auctions for online advertising, it is customary to model the dynamic game of incomplete information by considering a static games of complete information. In this...
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Accountability And Control As Catalysts For Strategic Exploration And Exploitation: Field Study Results
January 11, 2010, 12:00am PST
This paper reports the collective finding from 102 field studies that look at the relationship between two organization design variables: span of control and span of accountability. Clustering the...
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Assess, Don't Assume, Part II: Negotiating Implications Of Cross-Border Differences In Decision Making, Governance, And Political Economy
December 1, 2009, 12:00am PST
When facing a negotiation that crosses national borders and/or cultures, the standard preparatory assessments - of the parties, their interests, their no-deal options, opportunities for and...
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Negotiating The Path Of Abraham
December 21, 2009, 12:00am PST
In the face of daunting barriers, the Abraham Path Initiative envisions uncovering and revitalizing a route of cultural tourism that follows the path of Abraham and his family some 4000 years ago...
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The Global Agglomeration Of Multinational Firms
April 1, 2010, 12:00am PDT
The proliferation of multinational activities has led to the emergence of new industrial clusters around the world. In this paper, the authors examine how "First nature" location fundamentals and...
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Modeling A Paradigm Shift: From Producer Innovation To User And Open Collaborative Innovation
November 1, 2009, 12:00am PDT
In this paper the authors assess the economic viability of innovation by producers relative to two increasingly important alternative models: innovations by single user individuals or firms, and...
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From Strategy To Business Models And To Tactics
November 1, 2009, 12:00am PDT
The notion of business model has been used by strategy scholars to refer to "The logic of the firm, the way it operates and how it creates value for its stakeholders." On the surface, this notion...
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The CHAT Dataset
November 3, 2009, 12:00am PST
This note accompanies the Cross-country Historical Adoption of Technology (CHAT) dataset. CHAT is an unbalanced panel dataset with information on the adoption of over 100 technologies in more than...
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The Devil Wears Prada? Effects Of Exposure To Luxury Goods On Cognition And Decision Making
November 2, 2009, 12:00am PST
Although the concept of luxury has been widely discussed in social theories and marketing research, relatively little research has directly examined the psychological consequences of exposure to...
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Management And The Financial Crisis (We Have Met The Enemy And He Is Us)
October 28, 2009, 12:00am PDT
The current model of corporate governance in the United States and abroad is badly broken and has been for many years. The financial crisis has revealed the degree to which there are problems....
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Stretching The Inelastic Rubber: Taxation, Welfare And Lobbies In Amazonia, 1870-1910
October 1, 2009, 12:00am PDT
This paper examines the effect of government intervention via taxation on domestic welfare. A case-study of Brazilian market power on rubber markets during the boom years of 1870-1910 shows that...
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Medium Term Business Cycles In Developing Countries
September 1, 2010, 12:00am PDT
They build a two country asymmetric DSGE model with two features: endogenous and slow diffusion of technologies from the developed to the developing country, and adjustment costs to investment...
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Systemic Risk And The Refinancing Ratchet Effect
June 10, 2010, 12:00am PDT
The confluence of three trends in the U.S. residential housing market - rising home prices, declining interest rates, and near-frictionless refinancing opportunities - led to vastly increased...
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Mixed Source
October 8, 2010, 12:00am PDT
The authors study competitive interaction between a profit-maximizing firm that sells software and complementary services and a free open source competitor. They examine the firm's choice of...
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Breakthrough Inventions And Migrating Clusters Of Innovation
September 10, 2009, 12:00am PDT
The authors investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough inventions. They identify breakthrough inventions as the top one percent...
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Clusters Of Entrepreneurship
September 1, 2009, 12:00am PDT
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship...
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I Read Playboy For The Articles: Justifying And Rationalizing Questionable Preferences
September 4, 2009, 12:00am PDT
Humans are masters of lying and self-deception. The authors want others to believe good, fair, responsible and logical, and they place just as much importance on thinking of this way. Therefore,...
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Financing Constraints And Entrepreneurship
August 11, 2009, 12:00am PDT
This paper reviews two major streams of work examining the relevance of financing constraints for entrepreneurship. The first research stream considers the impact of financial market development...
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Feeling Good About Giving: The Benefits (And Costs) Of Self-Interested Charitable Behavior
August 6, 2009, 12:00am PDT
While lay intuitions and pop psychology suggest that helping others leads to higher levels of happiness, the existing evidence only weakly supports this causal claim: Research in psychology,...
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Banking Deregulations, Financing Constraints And Firm Entry Size
October 1, 2009, 12:00am PDT
The authors examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. They find that the average entry size for startups did...
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Does Competition Favor Delegation?
July 29, 2009, 12:00am PDT
This paper studies the consequences of product-market competition on firms' decisions to delegate more or fewer decision-making responsibilities to managers. By simultaneously addressing the...
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Insider Trading Preceding Goodwill Impairments
July 29, 2009, 12:00am PDT
The authors investigate whether insiders strategically sell shares prior to the disclosure of goodwill impairment losses. They provide evidence that insiders of goodwill impairment firms engage in...
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Patent Policy, Patent Pools, And The Accumulation Of Claims In Sequential Innovation
July 24, 2009, 12:00am PDT
The authors present a dynamic model where the accumulation of patents generates an increasing number of claims on sequential innovation. They study the equilibrium innovation activity under three...
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Culture Clash: The Costs And Benefits Of Homogeneity
July 8, 2009, 12:00am PDT
This paper develops an economic theory of the costs and benefits of corporate culture - in the sense of shared beliefs and values - in order to study the effects of 'culture clash' in mergers and...
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A Decision-making Perspective To Negotiation: A Review Of The Past And A Look Into The Future
July 9, 2009, 12:00am PDT
Through the decision-analytic approach to negotiations, the past quarter century has seen the development of a better dialog between the descriptive and the prescriptive, as well as a burgeoning...
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Industry Equilibrium With Open Source And Proprietary Firms
June 24, 2009, 12:00am PDT
The authors present a model of industry equilibrium to study the coexistence of Open Source (OS) and Proprietary (P) firms. Two novel aspects of the model are: participation in OS arises as the...
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Anticommons And Optimal Patent Policy In A Model Of Sequential Innovation
June 24, 2009, 12:00am PDT
The authors present a model of sequential innovation in which an innovator uses several research inputs to invent a new good. These inputs, in turn, must be invented before they can be used by the...
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Informed And Interconnected: A Manifesto For Smarter Cities
June 15, 2009, 12:00am PDT
The need for a fresh approach to U.S. communities is more urgent than ever because of the biggest global economic crisis since the Great Depression. Through examination of the barriers to solving...
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Optimal Taxation In Theory And Practice
June 11, 2009, 12:00am PDT
The authors highlight and explain eight lessons from optimal tax theory and compare them to the last few decades of OECD tax policy. As recommended by theory, top marginal income tax rates have...
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Walking Through Jelly: Language Proficiency, Emotions, And Disrupted Collaboration In Global Work
June 4, 2009, 12:00am PDT
In an ethnographic study comprised of interviews and concurrent observations of 145 globally distributed members of nine project teams of an organization, the authors found that uneven proficiency...
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Farsighted Stability For Roommate Markets
May 1, 2009, 12:00am PDT
Using a bi-choice graph technique, the authors show that a matching for a roommate market indirectly dominates another matching if and only if no blocking pair of the former is matched in the...
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Technology Innovation And Diffusion As Sources Of Output And Asset Price Fluctuations
June 1, 2009, 12:00am PDT
The authors develop a model in which innovations in an economy's growth potential are an important driving force of the business cycle. The framework shares the emphasis of the recent "New shock"...
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Firsthand Experience And The Subsequent Role Of Reflected Knowledge In Cultivating Trust In Global Collaboration
May 18, 2009, 12:00am PDT
While scholars contend that firsthand experience - time spent onsite observing the people, places, and norms of a distant locale - is crucial in globally distributed collaboration, how such...
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Using Financial Innovation To Support Savers: From Coercion To Excitement
February 20, 2008, 12:00am PST
The authors review a wide variety of programs that support savings by families, in particular by low- and moderate-income families. These programs range from ones that literally compel families to...
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Where Does It Go? Spending By The Financially Constrained
April 11, 2008, 12:00am PDT
In this paper, the authors analyze the spending decisions of over 1.5 million Americans who vary in their degree of revealed credit constraints. Specifically, they analyze how these Americans...
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Diffusing Management Practices Within The Firm: The Role Of Information Provision
March 14, 2008, 12:00am PDT
A key role of corporate managers is to encourage subsidiaries to adopt innovative practices. This paper examines the conditions under which corporate managers use information provision to...
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Political Instability And Untimely Dissolution: Partnerships, Corporations, And The Mexican Revolution, 1910-1929
April 17, 2008, 12:00am PDT
This paper is part of a broader research project on the economic impact of the Mexican Revolution. In this paper the authors make an initial approximation of the effect of the Revolution on the...
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Some Neglected Axioms In Fair Division
April 30, 2008, 12:00am PDT
Conditions one might impose on fair allocation procedures are introduced. Nondiscrimination requires that agents share an item in proportion to their entitlements if they receive nothing else....
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Accountability And Inequality in Single-Party Regimes: A Comparative Analysis Of Vietnam And China
May 21, 2008, 12:00am PDT
Over the past two decades, no two economies have averaged more rapid economic growth than China and Vietnam. In this paper, the authors take a deeper look at political institutions in the two...
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Accounting Information As Political Currency
March 31, 2008, 12:00am PDT
The authors test whether accounting can be used as political currency. The setting is the US congressional election of 2004, where outsourcing of US jobs was a campaign issue. They find that the...
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The Future Of Social Enterprise: Harvard Business School Working Paper
June 18, 2008, 12:00am PDT
The Future of Social Enterprise considers the confluence of forces that is shaping the field of social enterprise, changing the way that funders, practitioners, scholars, and organizations measure...
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A Replication Study Of Alan Blinder's "How Many U.S. Jobs Might Be Offshorable"?
June 11, 2008, 12:00am PDT
In this working paper, the author assesses the "Offshorability" of hundreds of U.S. occupations and estimated that between 22% and 29% of all U.S. jobs were potentially offshorable. This note...
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Financial Development, Bank Ownership, And Growth. Or, Does Quantity Imply Quality?
November 1, 2007, 12:00am PDT
This induced different bank ownership patterns across different towns, allowing credible identification of the effects of bank ownership on financial development, lending rates, and the quality of...
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The Agglomeration Of US Ethnic Inventors
July 17, 2008, 12:00am PDT
The ethnic composition of US inventors is undergoing a significant transformation - with deep impacts for the overall agglomeration of US innovation. This study applies an ethnic-name database to...
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Communication (And Coordination?) In A Modern, Complex Organization
July 17, 2008, 12:00am PDT
This paper explains about the structure of communications in a modern organization. The authors analyze a dataset with millions of electronic mail messages, calendar meetings and teleconferences...
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The Internalization Of Advertising Services: An Inter-Industry Analysis
July 23, 2008, 12:00am PDT
The common perception appears to be that vertical integration of advertising services is more the exception than the rule in the U.S. advertising industry. This paper investigates the extent of...
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Dirty Work, Clean Hands: The Moral Psychology Of Indirect Agency
January 13, 2009, 12:00am PST
Experiments 1A, 1B, and 1C reveal effects of indirect agency under conditions favoring intuitive judgment, but not reflective judgment, using a joint/separate evaluation paradigm. Experiment 2A...
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CEO And CFO Career Penalties To Missing Quarterly Analysts Forecasts
April 1, 2009, 12:00am PDT
The authors find that missing the quarterly analyst consensus earnings forecast is associated with career penalties in the form of a reduced bonus, smaller equity grants, and a greater chance of...
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New Framework For Measuring And Managing Macrofinancial Risk And Financial Stability
August 11, 2008, 12:00am PDT
This paper proposes a new approach to improve the way central banks can analyze and manage the financial risks of a national economy. It is based on the modern theory and practice of contingent...
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Applicant And Examiner Citations In US Patents: An Overview And Analysis
July 1, 2008, 12:00am PDT
Researchers studying innovation increasingly use indicators based on patent citations. The authors show that examiner citations account for 63 per cent of all citations on the average patent, and...
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Stability And Nash Implementation In Matching Markets With Couples
August 1, 2008, 12:00am PDT
The authors consider two-sided matching markets with couples. First, they extend a result and show that for any weakly responsive couples market there always exists a "Double stable" matching,...
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Over-Reaction To Demand Changes Due To Subjective And Quantitative Forecasting
August 1, 2008, 12:00am PDT
In this paper, the authors study managers' errors in decision making for inventory replenishment and how these errors affect their inventory system. In particular, primarily for its expected...
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The Contingent Nature Of Public Policy And Growth Strategies In The Early Twentieth-Century U.S. Banking Industry
September 18, 2008, 12:00am PDT
While effects of public policy are one of the foundations of organizational theory, less explored is how these effects may depend on other external environmental factors. The authors focus on how...
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The Litigation Of Financial Innovations
September 2, 2008, 12:00am PDT
This paper examines the litigation of patents relating to financial products and services. The author shows that these grants are being litigated at a rate 27 to 39 times greater than that of...
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Making The Gambler-s Fallacy Disappear: The Role Of Experience
September 4, 2008, 12:00am PDT
The authors examine the role of experience over time in the emergence in binary prediction tasks. Experiment 1 compares a condition where participants sequentially predict the colored outcomes of...
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Opening Platforms: How, When And Why?
August 31, 2008, 12:00am PDT
Platform-mediated networks encompass several distinct types of participants, including end users, complementary, platform providers who facilitate users' access to complements, and sponsors who...
Provided by Harvard Business School
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Variation In Experience And Team Familiarity: Addressing The Knowledge Acquisition-Application Problem
September 8, 2008, 12:00am PDT
Prior work in organizational learning has failed to find a consistent effect of variation in experience on performance. While some studies find a positive relationship between these two variables,...
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Securing Online Advertising: Rustlers And Sheriffs In The New Wild West
June 17, 2009, 12:00am PDT
Advertising is the bedrock of websites that are provided without charge to end users, so advertising is everywhere. But advertising security gaps are equally widespread: from "Malvertisement"...
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Parallel Search, Incentives And Problem Type: Revisiting The Competition And Innovation Link
September 18, 2008, 12:00am PDT
This paper presents econometric evidence of two independent effects of adding more competitors on innovation: A competition effect whereby increasing rivalry shapes, and often decreases,...
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Technology, Identity, And Inertia Through The Lens Of "The Digital Photography Company"
August 1, 2008, 12:00am PDT
Organizations often experience difficulty when pursuing new technology. Large bodies of research have examined the behavioral, social, and cognitive forces that underlie this phenomenon; however,...
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Open To Negotiation: Phenomenological Assumptions And Knowledge Dissemination
June 4, 2009, 12:00am PDT
Phenomenological assumptions - assumptions about the fundamental qualities of the phenomenon being studied and how it relates to the environment in which it occurs - affect the dissemination of...
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Concentration Levels In The U.S. Advertising And Marketing Services Industry: Myth Vs. Reality
September 24, 2008, 12:00am PDT
This paper analyzes changes in concentration levels in the U.S. Advertising and Marketing Services (A&MS) industry using publicly released data that have been largely ignored in past discussions...
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Platform Competition, Compatibility, And Social Efficiency
November 2, 2009, 12:00am PST
The authors study systems compatibility in settings with one-sided plat-forms and direct network effects. They consider systems compatibility in settings with two-sided platforms and indirect...
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Just Keep My Money! Supporting Tax-time Savings With US Savings Bonds
August 13, 2009, 12:00am PDT
This paper focuses the results of a 2007 experiment testing if specific process simplification can foster increased take-up rates for savings products, particularly by low-to-moderate income (LMI)...
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The Economics Of Structured Finance
October 20, 2008, 12:00am PDT
The essence of structured finance activities is the pooling of economic assets and subsequent issuance of a prioritized capital structure of claims, known as tranches, against these collateral...
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Fear Of Rejection? Tiered Certification And Transparency
October 13, 2008, 12:00am PDT
The paper explores three related strategic dimensions of the certification market: the publicity given to applications, the coarseness of rating patterns and the sellers' dynamic certification...
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Barriers To Acting In Time On Energy And Strategies For Overcoming Them
October 27, 2008, 12:00am PDT
The five prior papers in this volume offer many excellent ideas on climate change, oil, transportation, and electricity policies, carbon capture and storage, and the generation of innovative...
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Unravelling In Two-Sided Matching Markets And Similarity Of Preferences
October 16, 2008, 12:00am PDT
This paper investigates the causes and welfare consequences of unraveling in two-sided matching markets. It shows that similarity of preferences is an important factor driving unraveling. In...
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A Non-cooperative Support For Equal Division In Estate Division Problems
November 1, 2008, 12:00am PDT
The authors consider estate division problems, a generalization of bankruptcy problems. They show that in a direct revelation claim game, if the underlying division rule satisfies efficiency,...
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Smart Money: The Effect Of Education, Cognitive Ability, And Financial Literacy On Financial Market Participation
February 1, 2009, 12:00am PST
Household financial market participation affects asset prices and household welfare. Yet, the understanding of the participation decision is limited. Using an instrumental variables strategy and...
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Competition And Resource Sensitivity In Marriage And Roommate Markets
December 1, 2008, 12:00am PST
The authors consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same...
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CPC/CPA Hybrid Bidding In A Second Price Auction
December 17, 2008, 12:00am PST
The authors develop a model of online advertising in which each advertiser chooses from multiple advertising measurement metrics - paying either for each click on its ads (CPC), or for each...
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Sweatshop Labor Is Wrong Unless The Jeans Are Cute: Motivated Moral Disengagement
January 8, 2009, 12:00am PST
While many consumers say they care about issues such as sweatshop labor, the existence of a very small market for ethically-produced products does not reflect this sentiment. One explanation for...
Provided by Harvard Business School
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