Publications

24 Sep 2014
Op-Ed

The Climate Needs Aggressive CEO Leadership

Corporations are facing great uncertainty. For the world to avoid the worst impacts of climate change, the United States eventually will have to put a price on carbon dioxide emissions, as has been done by Europe, parts of Canada, and... View Details

Keywords: by Michael Toffel & Auden Schendler; Energy; Utilities

Article

New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates

By: K. A. Froot

Keywords: Rational Expectations; Yield Curve; Interest Rates; Asset Pricing; Behavioral Finance

31 Jan 2016
News

Studios Back App, Hoping to Fill Cinema Seats

making group sales easier, the new company will allow for dynamic pricing for movie tickets: Theaters set ticket prices, though studios typically set the minimum revenue they will accept per ticket sold, which can make discounts... View Details

20 Mar 2018
First Look

First Look at New Research and Ideas, March 20, 2018

March 2018 Review of Economics and Statistics Scraped Data and Sticky Prices By: Cavallo, Alberto Abstract—I use daily prices collected from online retailers in five countries to study the impact of... View Details

Keywords: Sean Silverthorne

12 Oct 1999
Research & Ideas

Paid for Success: Options for Compensating CEOs

stock price falls substantially, the CEO will be left holding options that have lost most of their value (a scenario economists describe as "out of the money"). And while there may be some chance of getting these options back... View Details

Keywords: by Judith A. Ross

June 2008 (Revised January 2010)
Supplement

Name Your Price: Compensation Negotiation at Whole Health Management (C)

By: Brian J. Hall, Deepak Malhotra and Nicole Bennett

Supplements the (A) and (B) cases. View Details

Keywords: Compensation and Benefits; Negotiation; Health; Price; Health Industry

October 1995
Article

New Trading Practices and Short-Run Market Efficiency

By: Kenneth A. Froot and André Perold

Keywords: Institutional Investing; Market Efficiency; Behavioral Finance; Equities; Stock Market; Indexing; Financial Markets; Asset Pricing

01 Oct 1996
News

Tedlow on Tires and the Meaning of Life

not want to confront, because these tires greatly diminished the need for replacements. And since the replacement market was the only place they could make money, this meant the end of profitability unless there was a fundamental change in tire View Details

Web

Compustat | Baker Library

Compustat Comprehensive financial databases by Standard & Poor's, containing price data for publicly traded companies, market information on important banks in the United States, and a wide range of technical data. Read More Compustat... View Details

November 2020
Article

Casting Conference Calls

By: Lauren Cohen, Dong Lou and Christopher J. Malloy

We explore a subtle but important mechanism through which firms can control information flow to the markets. We find that firms that “cast” their conference calls by disproportionately calling on bullish analysts tend to underperform in the future. Firms that call on... View Details

Keywords: Strategic Release; Firms; Conference Calls; Information; Strategy; Asset Pricing

SSRN

June 2008
Case

Mattel's Long Hot Summer

In the summer of 2007, Mattel performed three major recalls of toys, mostly due to lead paint and other manufacturing issues in China. This case examines specifically how those recalls were perceived by consumers, and responded to by Mattel, as well as what effect they... View Details

Keywords: Safety; Quality; Production; Price; Manufacturing Industry; Consumer Products Industry; China

Educators

December 2002
Background Note

Simulation of Prices, Rates and Cash Flows (B)

Considers more advanced issues required for complete cash flow simulation, including residual diagnostics (to determine whether a process has been identified correctly), simulation of nonmarket risk variables, and real options. View Details

Keywords: Price; Cash Flow

January 2004 (Revised May 2004)
Case

Montagu Private Equity (A)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Describes the dilemma facing Chris Masterson, the head of HSBC's private equity division, in negotiating this team's buyout of its organization from HSBC, its corporate parent since 1992. Discusses the pros and cons of being a captive fund and the delicate balance... View Details

Keywords: Private Equity; Balance and Stability; Asset Pricing

Educators

2003
Working Paper

The Risk Tolerance of International Investors

By: Kenneth A. Froot and Paul G. J. O'Connell

Keywords: Risk Aversion; Risk; International Investing; Risk and Uncertainty; International Finance; Asset Pricing; Investment

16 Apr 2007
Research & Ideas

Delivering the Digital Goods: iTunes vs. Peer-to-Peer

phenomenon. Specifically, we restricted the comparative advantages of each as follows. Content from iTunes is legally sold at positive prices and downloads are immediate; downloads on p2p are illegal and can take many hours (or even days)... View Details

Keywords: by Sean Silverthorne; Music

24 Feb 2014
Research & Ideas

Uncovering Racial Discrimination in the ‘Sharing Economy’

recorded information including the asking price of the rental, the characteristics of the apartment or room, and the average rating each host had received. (The site's structured rating system lets guests rate the hosts and properties on... View Details

Keywords: by Carmen Nobel; Construction; Real Estate; Advertising

1990
Chapter

Chartists, Fundamentalists, and the Demand for Dollars

By: Jeffrey A. Frankel and Kenneth A. Froot

Keywords: Currencies; Exchange Rates; International Macroeconomics; Monetary Policy; Currency Controls; Fixed Exchange Rates; Floating Exchange Rates; Currency Bands; Currency Zones; Currency Areas; Rational Expectations; Currency Exchange Rate; Asset Pricing; Macroeconomics