Publications

Educators

May 2005
Article

A Kidney Exchange Clearinghouse in New England

By: Alvin E Roth, Tayfun Sonmez and M. Utku Unver

Keywords: Health

2012
Other Unpublished Work

Towards Efficiencies in Canadian Internet Traffic Exchange

By: Benjamin Edelman and Bill Woodcock

Canadian Internet access is heavily and unnecessarily dependent upon foreign infrastructure, especially U.S. infrastructure. This dependence imposes significant burdens upon Canadian Internet users:

* Service prices are higher than would be the case if... View Details

Keywords: Networks; Canada; Privacy; Technology Networks; Rights; Communication Technology; Internet; Ethics; Telecommunications Industry; Canada

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Article

Money is No Object: Testing The Endowment Effect in Exchange Goods

By: Dan Svirsky

We present a new experimental design to test whether the endowment effect exists for exchange goods, like money. We compare three groups to a baseline: one endowed with money, one endowed with chocolate coins, and one endowed with chocolate coins described as "tokens."... View Details

Keywords: Perception; Valuation; Goods and Commodities; Attitudes

March 1986 (Revised March 1992)
Case

Securities and Exchange Commission: New Technologies Initiative

March 2005 (Revised January 2006)
Case

Foreign Exchange Hedging Strategies at General Motors: Transactional and Translational Exposures

By: Mihir A. Desai and Mark Veblen

How should a multinational firm manage foreign exchange exposures? Examines transactional and translational exposures and alternative responses to these exposures by analyzing two specific hedging decisions by General Motors. Describes General Motors' corporate hedging... View Details

Keywords: Multinational Firms and Management; Currency Exchange Rate; Expansion; Credit Derivatives and Swaps; Financial Management; Investment Funds; Risk and Uncertainty; International Finance; Auto Industry

Educators

1987
Working Paper

Tests of Excess Forecast Volatility in the Foreign Exchange and Stock Markets

By: K. A. Froot

Simple regression tests that have power against the alternatives that asset prices and expected future asset returns are excessively volatile are developed and performed for the foreign exchange and stock markets. These tests have a number of advantages over... View Details

Keywords: Risk Aversion; Risk; International Investing; International Finance; Risk and Uncertainty; Asset Pricing; Financial Markets; Investment; Behavioral Finance; Volatility

Research Summary

Competition between Derivatives Exchanges and Market Tipping

Examination of factors leading to market tipping in various episodes of competition between futures exchanges. Joint work with Estelle Cantillon. View Details

1990
Chapter

Multinational Corporations, Exchange Rates, and Direct Investment

By: K. A. Froot

Keywords: Corporate Finance; Market Imperfections; Financial Instruments; Foreign Direct Investment; Markets; Asset Pricing

February 2018
Teaching Note

Going Rogue: Choson Exchange in North Korea

By: Sophus A. Reinert

Teaching Note for HBS No. 717-015. View Details

September 1989
Article

Exchange Rate Pass-Through When Market Share Matters

By: K. A. Froot and P. Klemperer

Keywords: International Trade; Purchasing Power Parity; International Finance

October 2004
Supplement

Foreign Exchange Markets and Transactions: Solutions to Exercises

By: Mihir A. Desai, Christina Pham and Kathleen Luchs

Solutions to exercises in (9-205-016). View Details

2024
White Paper

Modernizing the U.S. Exchange Visitor Skills List

By: William R. Kerr and Michael C. Clemens

Keywords: Immigration; Labor; Competency and Skills

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February 2019 (Revised March 2022)
Teaching Note

Rio Tinto vs. the Securities and Exchange Commission

By: Aiyesha Dey and Krishna G. Palepu

Teaching Note for HBS No. 119-046. View Details

September 2004 (Revised May 2005)
Supplement

Foreign Exchange Hedging Strategies at General Motors (CW)

By: Mihir A. Desai