Businesses often need to face the problem of providing incentives for employees to work together effectively on projects that develop over time. This paper derives the optimal con...
We exploit the information in the options market to study the variations of return risk and market prices of different sources of risk during the rise and fall of the Nasdaq marke...
: Do firms neglect competition when making entry decisions? Using a dataset of 14,973 eBay auctions this paper addresses this question analyzing the time of day at which sellers se...
: Monetary incentives are often considered as a way to foster contributions to public goods in society and firms. This paper investigates experimentally the effect of monetary ince...
Using novel data on European …rms, this paper examines the e¤ect of business group a¢ liation on innovation. We …nd that business groups foster the scale and novelty of corp...