The main goal of this project is to enhance our understanding of the role that exclusive contracts play in shaping market structure, consumer demand, and innovation. The effect of exclusivity on consumer welfare is ambiguous.…Read More
In this study, considering the benefits and costs of WFM, we consider two questions: (1) who has an incentive to work from home, (2) how is team coherence and work performance impacted when individuals work from home?…Read More
Using data over the period 2000-2020 for all seven wholesale power markets in the United States, we show that time-of-use electricity pricing schemes are poorly correlated with real-time wholesale market prices and that this phenomenon is widespread across space and time.…Read More
In this research project, we study how the human resource (HR) practices firms use affect how much value they capture from this innovation. Specifically, we analyze how employers and their technology workers divide the value generated when firms invest in new technologies that require workers to invest in new human capital. …Read More
Across three proposed studies, we aim to investigate 1) whether employees view colleagues/employers who disagree with them as bad listeners, despite objective signs of attentive listening; and 2) whether users are more satisfied with chatbots that signal a high level of attitude agreement with the user.…Read More
I will explore whether job-seekers use these signals in a sophisticated or naïve fashion with respect to the political information that leaks through. I will also examine how employers respond to job-seekers who include such signals in their applications.…Read More
Are private and social incentives for medical innovation aligned? This question is important because improvements in health have been a major source of increases in human well-being.…Read More
In this project, we examine the conditions under which such ICOs are optimal and provide guidance for their design. Despite their popularity in practice, uncapped ICOs are understudied and not as well understood as their capped counterparts.…Read More
Pursuing entrepreneurial opportunities is characterized by high uncertainty because entrepreneurs look to find unsatisfied demand with their new products or services. In an attempt to reduce uncertainty, entrepreneurs experiment with potential customers, seeking feedback through interviews or prototypes. It allows the entrepreneurs to learn about the targeted market and whether their idea can satisfy that demand.…Read More
Value-based health insurance plans have been introduced as an innovative policy to improve health as well as manage health care expenditures – generally through promoting high-value care and reducing low-value care. Standard theory would suggest that the more elastic the demand is for a particular medical service, cost-sharing should be set higher to curb overconsumption due to moral hazard.…Read More
This project examines the downstream consequences, both intended and unintended, of the “play to earn” experience. As the global pandemic was ravaging jobs around the world, blockchain-based “play to earn” games offered people in developing countries the opportunity to earn extra income and even make a living from playing these games.…Read More
This paper’s main contributions are to use a novel data set, introduce a new natural experiment, and exploit a quasi-random shock to show that patenting choices affect three important dimensions of innovation outcomes: the patent quantity, the patent quality, and the firm-level inputs (R&D, investment, and employees).…Read More
This research project aims to understand how innovation propagates through the reallocation of talents, and how this innovation diffusion process is shaped by the competition structure of talent labor markets. Specifically, we exploit various heterogenous shocks to firms, including credit supply shocks, financial constraints shocks, innovation shocks, to examine how firms react in their hiring and firing decisions under different competition structures of talent labor markets.…Read More
This study aims to highlight the generalization problem as a core challenge in organizational learning and strategic decision-making and explore how decision-makers may address this problem via different learning and choice strategies.…Read More
Using a structural model, we show that workers are highly heterogenous in their preferences for both multihoming and repositioning. We provide counterfactual estimates on the effects of proposed firm and regulatory policies aimed at multihoming and repositioning.…Read More
This project aims to estimate the welfare effects of this strategy in the biotechnology industry, using a structural model of the investment decisions of VCs during the drug development process and the product market for the successful drugs.…Read More
In this study we plan to fill this research gap by examining whether social media can help startups to access broader knowledge and subsequently facilitate innovation. Our goal is twofold in this research. First, we explore the effect of social media adoption on startup’s knowledge diversity. Second, we analyze whether startups can successfully transfer the diversified knowledge into innovations.…Read More
Providing access to cleaner and cheaper lighting solutions is necessary to lift people out of poverty. The magnitude of the economic, health, and educational impacts created by these lighting solutions as we move up the energy ladder, however, is not clear.…Read More
We examine how industry-university collaboration (IUC) enhances Chinese firms’ commercialization of their technologies using a comprehensive dataset of medium- sized and large industrial firms and research universities in China.…Read More
The goal of the project is to identify cheap talk and faithful signaling in environmental reports issued by the U.S. largest firms and understand the determinants and consequences of cheap talk about firms’ climate responsibility.…Read More
