
NAME
Martin Oehmke
INSTITUTION
London School of Economics
EMAIL
m.oehmke@lse.ac.uk
Complexity can create value. At the same time, understanding more complex goods requires more of an agent’s attention. We show...
Show Previous VersionsThis paper presents an equilibrium theory of product complexity. Complex products generate higher potential value, but require more attention from...
We characterize the conditions under which a socially responsible (SR) fund induces firms to reduce externalities, even when profit-seeking capital...
A theory framework to assess how global, too-big-to-fail banks can be successfully resolved by national regulators.