Capturing Economic Value from Innovation Investments

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 ...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 ...Read More