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This paper identifies the major political and economic constraints that impact the demand side of electricity industry restructuring processes. Demand-side constraints have been a major barrier to...
The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with step-function supply curves is used to estimate cost functions for electricity generatio...
This paper identifies the major political and economic constraints that impact the demandside of electricity industry re-structuring processes. It then describes how these constraints have been addre...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks-where branch managers have greater autonomy over lending deci...
A long analytic tradition explores the challenge of productively synchronizing "internal" with "external" negotiations, especially focusing on how each side can best manage internal opposition to agre...
We use loan-level data to study how the organizational structure of banks impacts small business lending. We find that decentralized banks—where branch managers have greater autonomy over lending deci...
This study evaluates the impact of high-skilled immigrants on US technology formation. Specifically, we use reduced-form specifications that exploit large changes in the H-1B visa program. Fluctuation...
For more than a century, and almost everywhere in the world, rural areas suff ered a steady decline, due to the decrease of the real income from the agricultural activities, the lack of serious ...
With new and dynamic practices and technologies being employed to change the way consumers and merchants buy and sell, innovations in mobile commerce can be viewed as a contributing factor to stimulat...
Although the number and importance of joint innovation projects between suppliers and their customers continue to rise, the literature has yet to resolve a key question: Do embedded ties with customer...
This paper aims to research the context within which sell-side financial analysts make decisions to use corporate non-financial information. Prior research has demonstrated that financial analysts tak...
Abstract: The goal of this study is to determine which strategic model, either IO or RBV, allows firms to generate the highest performance on a competitive market. Contrasting with classical studies t...
We consider a long-term optimal investment problem where an investor tries to minimize the probability of falling below a target growth rate. From a mathematical viewpoint, this is a large deviation ...
There are 12 priority integration sectors of strategic importance for the Association of Southeast Asian Nations (ASEAN). Exports from the nine largely goods sectors, with almost three quarters of mer...

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