Martin Oehmke , Adam Zawadowski Mar 22,2025
Working Paper No.00055-01
Complexity can create value. At the same time, understanding more complex goods requires more of an agent’s attention. We show... Read More
Hongda Zhong Jan 18,2025
Working Paper No.00146-00
I study the optimal integration of humans and technologies in multi-layered decision-making processes. Each layer can correct existing errors but... Read More
Zhen Zhou, Hongda Zhong Jan 18,2025
Working Paper No.00147-00
Many regulations aim at promoting coordination among creditors in bankruptcy by ex post restricting their ability to exit distressed firms.... Read More
Zhen Zhou, Hongda Zhong Jan 18,2025
Working Paper No.00147-00
Many regulations aim at promoting coordination among creditors in bankruptcy by ex post restricting their ability to exit distressed firms.... Read More
Samuel Lee, Mike Burkart , Paul Voss Feb 02,2024
Working Paper No.00137-00
In a canonical takeover model we let an informed large shareholder choose between making a bid or initiating a sale... Read More
Orestis Vravosinos, Xavier Vives Aug 01,2024
Working Paper No.00130-02
We examine the effects of overlapping ownership among existing firms deciding whether to enter a product market. We show that... Read More
Orestis Vravosinos, Xavier Vives Aug 01,2024
Working Paper No.00130-02
We examine the effects of overlapping ownership among existing firms deciding whether to enter a product market. We show that... Read More
Orestis Vravosinos, Xavier Vives Aug 01,2024
Working Paper No.00130-02
We examine the effects of overlapping ownership among existing firms deciding whether to enter a product market. We show that... Read More
Orestis Vravosinos, Xavier Vives Aug 01,2024
Working Paper No.00130-02
We examine the effects of overlapping ownership among existing firms deciding whether to enter a product market. We show that... Read More
Zhiqiang Ye, Xavier Vives Aug 01,2024
Working Paper No.00129-01
We study how information technology (IT) affects lender competition, entrepreneurs’ investment, and welfare in a spatial model. The effects of... Read More