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  • All HBS Web  (2,346)
    • People  (5)
    • News  (434)
    • Research  (1,488)
    • Events  (17)
    • Multimedia  (21)
  • Faculty Publications  (895)
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  • 2025
  • Working Paper

Private Equity and Workers: Modeling and Measuring Monopsony, Implicit Contracts, and Efficient Reallocation

By: Kyle Herkenhoff, Josh Lerner, Gordon M. Phillips, Francisca Rebelo and Benjamin Sampson
We measure the real effects of private equity buyouts on worker outcomes by building a new database that links transactions to matched employer-employee data in the United States. To guide our empirical analysis, we derive testable implications from three theories in... View Details
Keywords: Monopsony; Market Power; Productivity; Private Equity; Employment; Wages; Employees
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Herkenhoff, Kyle, Josh Lerner, Gordon M. Phillips, Francisca Rebelo, and Benjamin Sampson. "Private Equity and Workers: Modeling and Measuring Monopsony, Implicit Contracts, and Efficient Reallocation." Harvard Business School Working Paper, No. 25-046, March 2025. (Revised June 2025.)
  • 2023
  • Working Paper

Efficient Discovery of Heterogeneous Quantile Treatment Effects in Randomized Experiments via Anomalous Pattern Detection

By: Edward McFowland III, Sriram Somanchi and Daniel B. Neill
In the recent literature on estimating heterogeneous treatment effects, each proposed method makes its own set of restrictive assumptions about the intervention’s effects and which subpopulations to explicitly estimate. Moreover, the majority of the literature provides... View Details
Keywords: Causal Inference; Program Evaluation; Algorithms; Distributional Average Treatment Effect; Treatment Effect Subset Scan; Heterogeneous Treatment Effects
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McFowland III, Edward, Sriram Somanchi, and Daniel B. Neill. "Efficient Discovery of Heterogeneous Quantile Treatment Effects in Randomized Experiments via Anomalous Pattern Detection." Working Paper, 2023.
  • March 1993 (Revised August 1998)
  • Case

When Managers Cover Their Posteriors: Efficient Markets and Inefficient Decisions

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Brandenburger, Adam M. "When Managers Cover Their Posteriors: Efficient Markets and Inefficient Decisions." Harvard Business School Case 793-127, March 1993. (Revised August 1998.)
  • September 2023
  • Supplement

Root Capital and the Efficient Impact Frontier Simulation: Guidelines and Suggestions

By: Shawn Cole
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Cole, Shawn. "Root Capital and the Efficient Impact Frontier Simulation: Guidelines and Suggestions." Harvard Business School Supplement 224-034, September 2023.
  • August 1999
  • Article

Measuring the Efficiency of Service Delivery Processes: With Application to Retail Banking

By: F. Frei and P. Harker
Keywords: Business Processes; Measurement and Metrics; Banking Industry
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Frei, F., and P. Harker. "Measuring the Efficiency of Service Delivery Processes: With Application to Retail Banking." Journal of Service Research 1, no. 4 (August 1999): 300–312.
  • 2009
  • Working Paper

Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery

By: David M. Cutler, Robert S. Huckman and Jonathan T. Kolstad
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may increase use of high-quality... View Details
Keywords: Health Care and Treatment; Market Entry and Exit; Duopoly and Oligopoly; Government Legislation; Mathematical Methods; Health Industry; Pennsylvania
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Cutler, David M., Robert S. Huckman, and Jonathan T. Kolstad. "Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery." NBER Working Paper Series, No. 15214, August 2009.
  • September 2023
  • Supplement

Root Capital and the Efficient Impact Frontier Simulation Dataset for Students

By: Shawn Cole
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Cole, Shawn. "Root Capital and the Efficient Impact Frontier Simulation Dataset for Students." Harvard Business School Spreadsheet Supplement 224-710, September 2023.
  • 2009
  • Working Paper

Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery

By: David M. Cutler, Robert S. Huckman and Jonathan T. Kolstad
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may increase use of high-quality... View Details
Keywords: Government Legislation; Health Care and Treatment; Medical Specialties; Market Entry and Exit; Welfare; Health Industry; Pennsylvania
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Cutler, David M., Robert S. Huckman, and Jonathan T. Kolstad. "Input Constraints and the Efficiency of Entry: Lessons from Cardiac Surgery." Harvard Business School Working Paper, No. 10-011, August 2009.
  • 1996
  • Working Paper

Efficiency and Legitimacy: The Adoption of TQM by Large Industrial Corporations

By: Nitin Nohria and Sandy E. Green
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Nohria, Nitin, and Sandy E. Green. "Efficiency and Legitimacy: The Adoption of TQM by Large Industrial Corporations." Harvard Business School Working Paper, No. 96-055, April 1996.
  • 2024
  • Working Paper

Dusting Off the Old Ones: Drug Licensing to Startups, Innovation Success and Efficiency

By: Mosab Hammoudeh, Joshua Lev Krieger and Jiajie Xu
This paper investigates whether moving R&D from incumbents to startups can increase innovation. Using comprehensive drug development data, we examine the outcomes of drug projects licensed from large firms to startups. We find that these projects licensed to startups... View Details
Keywords: Product Development; Innovation and Invention; Business Startups; Research and Development; Performance Efficiency; Pharmaceutical Industry
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Hammoudeh, Mosab, Joshua Lev Krieger, and Jiajie Xu. "Dusting Off the Old Ones: Drug Licensing to Startups, Innovation Success and Efficiency." Harvard Business School Working Paper, No. 24-067, March 2024.
  • 22 May 2007
  • Working Paper Summaries

Strategy-Proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match

Keywords: by Atila Abdulkadiroglu, Parag A. Pathak & Alvin E. Roth
  • November/December 2003
  • Article

Building the Velcro Organization: Creating Value Through Integration and Maintaining Organization-Wide Efficiency

By: Joseph L. Bower
Keywords: Organizations; Value; Integration; Performance Efficiency
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Bower, Joseph L. "Building the Velcro Organization: Creating Value Through Integration and Maintaining Organization-Wide Efficiency." Ivey Business Journal (Online) (November/December 2003).
  • May 2004
  • Article

The Case for International Coordination of Electricity Regulation: Evidence from the Measurement of Efficiency in South America

A decade of experience has shown that monitoring the performance of public and private monopolies is the hardest part of electricity sector reform in South America—because operators control most of the information needed for effective regulation. South American... View Details
Keywords: Information; Mathematical Methods; Monopoly; Globalization; Energy Sources; Energy Industry; South America
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Ruzzier, Christian Alejandro, A. Estache, and M. Rossi. "The Case for International Coordination of Electricity Regulation: Evidence from the Measurement of Efficiency in South America." Journal of Regulatory Economics 25, no. 3 (May 2004): 271–295.
  • June 2012
  • Teaching Note

Edward Lundberg and the Rockville Building: Energy Efficiency Finance in Commercial Real Estate (TN)

By: John D. Macomber and Annelena Lobb
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Macomber, John D., and Annelena Lobb. "Edward Lundberg and the Rockville Building: Energy Efficiency Finance in Commercial Real Estate (TN) ." Harvard Business School Teaching Note 212-076, June 2012.
  • 2001
  • Working Paper

The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options

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Meulbroek, Lisa K. "The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options." Harvard Business School Working Paper, No. 00-056, March 2001.
  • 1995
  • Working Paper

Away with the Curse: Effects of Communication on the Efficiency and Distribution of Outcomes

By: Kathleen L. McGinn, Joseph Moag and Max Bazerman
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McGinn, Kathleen L., Joseph Moag, and Max Bazerman. "Away with the Curse: Effects of Communication on the Efficiency and Distribution of Outcomes." Harvard Business School Working Paper, No. 96-029, December 1995.
  • 01 Oct 2015
  • Working Paper Summaries

Efficiencies and Regulatory Shortcuts: How Should We Regulate Companies like Airbnb and Uber?

Keywords: by Benjamin Edelman & Damien Geradin; Web Services
  • Article

Efficiencies and Regulatory Shortcuts: How Should We Regulate Companies like Airbnb and Uber?

By: Benjamin Edelman and Damien Geradin
New software platforms use modern information technology, including full-featured web sites and mobile apps, to allow service providers and consumers to transact with relative ease and increased trust. These platforms provide notable benefits including reducing... View Details
Keywords: Platforms; Regulation; Sharing Economy; Uber; Airbnb; Universal Service; Insurance; Market Platforms; Service Delivery; Software; Service Industry
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Edelman, Benjamin, and Damien Geradin. "Efficiencies and Regulatory Shortcuts: How Should We Regulate Companies like Airbnb and Uber?" Stanford Technology Law Review 19, no. 2 (2016): 293–328.
  • 2007
  • Working Paper

Strategy-proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match

By: Atila Abdulkadiroglu and Alvin E. Roth
Citation
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Related
Abdulkadiroglu, Atila, Parag A. Pathak, and Alvin E. Roth. "Strategy-proofness versus Efficiency in Matching with Indifferences: Redesigning the NYC High School Match." Harvard Business School Working Paper, No. 07-076, April 2007.
  • 2015
  • Report

The Value of Data: Consequences for Insight, Innovation & Efficiency in the U.S. Economy

By: John A. Deighton and Peter A. Johnson
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Deighton, John A., and Peter A. Johnson. "The Value of Data: Consequences for Insight, Innovation & Efficiency in the U.S. Economy." Report, 2015.
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