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  • 23 Aug 2006
  • Op-Ed

The Real Wal-Mart Effect

books that purport to be balanced and coolly analytical raise questions about the company's economic impact. A case in point is Charles Fishman's The Wal-Mart Effect, which describes the company as having a "decidedly mixed View Details
Keywords: by Pankaj Ghemawat & Ken A. Mark; Retail
  • Research Summary

Non-Financial Incentives

My research shows how firms combine many facets of internal governance to motivate managers. A perspective that underlies much of my research is that managers are not motivated by financial rewards alone: “it’s not just about the... View Details

  • Article

"Troll" Check? A Proposal for Administrative Review of Patent Litigation

By: Lauren Cohen, John Golden, Umit Gurun and Scott Duke Kominers
The patent system is commonly justified as a way to promote social welfare and, more specifically, technological progress. For years, however, there has been concern that patent litigation is undermining, rather than furthering, these goals. Particularly in the United... View Details
Keywords: Patent Trolls; Patents; Lawsuits and Litigation
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  • November 2003
  • Article

The Macroeconomics of Happiness

By: Rafael Di Tella, Robert MacCulloch and Andrew J. Oswald
We show that macroeconomic movements have strong effects on the happiness of nations. First, we find that there are clear microeconomic patterns in the psychological well-being levels of a quarter of a million randomly sampled Europeans and Americans from the 1970s to... View Details
Keywords: Macroeconomics; Happiness
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    The Academy of Fisticuffs

    The terms “capitalism” and “socialism” continue to haunt our political and economic imaginations, but we rarely consider their interconnected early history. Even the eighteenth century had its “socialists,” but unlike those of the nineteenth, they paradoxically... View Details

    • 16 Apr 2009
    • Working Paper Summaries

    Gray Markets and Multinational Transfer Pricing

    Keywords: by Romana L. Autrey & Francesco Bova
    • 2022
    • Chapter

    Key Success Factors in Environmental Entrepreneurship: The case of Wilderness Safaris

    By: James E. Austin, Megan Epler Woods and Herman B. Leonard
    This chapter analyzes the entrepreneurial conception and evolution of the Wilderness Safaris (WS) ecotourism enterprise operating in eight African countries. It illuminates a series of factors that contribute to positive environmental impact as well as financial... View Details
    Keywords: Environmental Sustainability; Entrepreneurship
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    • 05 Aug 2011
    • Working Paper Summaries

    An Exploration of Optimal Stabilization Policy

    Keywords: by N. Gregory Mankiw & Matthew C. Weinzierl
    • 01 Dec 2009
    • Working Paper Summaries

    Modeling a Paradigm Shift: From Producer Innovation to User and Open Collaborative Innovation

    Keywords: by Carliss Y. Baldwin & Eric von Hippel
    • 2013
    • Working Paper

    These Are the Good Old Days: Foreign Entry and the Mexican Banking System

    By: Stephen Haber and Aldo Musacchio
    In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned banks. The result has been a dramatic shift in the ownership structure... View Details
    Keywords: Market Entry and Exit; Balance and Stability; Foreign Direct Investment; Banks and Banking; Society; Economics; Banking Industry; Mexico
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    • 06 Jun 2005
    • Research & Ideas

    Microsoft vs. Open Source: Who Will Win?

    attention trying to figure out ways to fight this battle. Q: Could you summarize your results? A: First of all, let us make a caveat regarding our approach. Our methodology is formal economic modelling. What this means is that we... View Details
    Keywords: by Sean Silverthorne; Technology
    • July 2009 (Revised May 2010)
    • Case

    The Millennium Challenge Corporation and Ghana

    By: Alnoor Ebrahim and V. Kasturi Rangan
    A U.S. government agency, the Millennium Challenge Corporation (MCC), provides aid to developing countries, focusing on poverty reduction through economic growth. It measures results through an economic rate of return based on increases in farmer incomes anticipated... View Details
    Keywords: Developing Countries and Economies; Economic Growth; Investment Return; Measurement and Metrics; Welfare; Ghana; United States
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    • 22 Jun 2007
    • Working Paper Summaries

    Proprietary vs. Open Two-Sided Platforms and Social Efficiency

    Keywords: by Andrei Hagiu; Video Game; Web Services
    • Web

    Publications - Faculty & Research

    Agricultural Technology Adoption: Evidence from Smallholder Farms in India." Journal of Development Economics 176 (September 2025). June 2025 Article Outcome and Process Frames: Strategic Renewal and Capability Reprioritization at the... View Details
    • 19 Jan 2016
    • First Look

    January 19, 2016

    continued and expanded, with further empirical exploration of a distributed model of innovation that includes communities and platforms in a variety of contexts and with the development of theory to explain the economic underpinnings of... View Details
    Keywords: Sean Silverthorne
    • 2019
    • Working Paper

    Collusive Investments in Technological Compatibility: Lessons from U.S. Railroads in the Late 19th Century

    By: Daniel P. Gross
    Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the... View Details
    Keywords: Collusion; Compatibility; Railroads; Rail Transportation; Standards; Integration; Trade; History; United States
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    • February 2008
    • Case

    Entrepreneurial Leadership in Forming High Tech Enclaves: Lessons from the Government of Andhra Pradesh

    By: F. Warren McFarlan, Ramiro Montealegre and Espen Andersen
    This case provides an overview of the entrepreneurial leadership taken by the government of India's Andhra Pradesh state in promoting the IT sector and using it to improve the status of the state's economic position in the early years of the third millennium. View Details
    Keywords: Economic Sectors; Entrepreneurship; Leadership; Business and Government Relations; Welfare; Information Technology; Andhra Pradesh
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    • November 2008 (Revised January 2017)
    • Case

    Maggie Lena Walker and the Independent Order of St. Luke

    By: Anthony Mayo and Shandi Onise Smith
    As America struggled to regain its balance in the aftermath of the American Civil War, Maggie Lena Walker did her best to actively effect change by finding solutions to the social and economic problems facing blacks and especially black women. Taking charge of the... View Details
    Keywords: Organizational Change and Adaptation; Leading Change; Ethnicity; Race; Social Entrepreneurship; Personal Development and Career; Welfare; Business and Community Relations; Gender; Banks and Banking
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    • 16 Jul 2012
    • Working Paper Summaries

    Selection, Reallocation, and Spillover: Identifying the Sources of Gains from Multinational Production

    Keywords: by Laura Alfaro & Maggie X. Chen
    • 2024
    • Working Paper

    Trade Policy in the Shadow of Conflict: The Case of Dual-use Goods

    By: Maxim Alekseev and Xinyue Lin
    Policymakers increasingly use trade instruments to address national security concerns. This paper studies optimal policy for dual-use goods, items with both military and civilian applications. We begin by documenting that regulation and trade flows of dual-use goods... View Details
    Keywords: Policy; National Security; Trade; Taxation; Financial Instruments; Macroeconomics
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