We assemble original data on cryptocurrency regulations worldwide and use them to empirically examine movement in trading activity at a number of exchanges following key regulatory announcements. …Read More
We study the impact of regulating product entry and quality information requirements on an oligopoly equilibrium and consumer welfare. Product testing can reduce consumer uncertainty, but also increase entry costs and delay entry. …Read More
This paper investigates whether firms donate to political campaigns in order to influence supply in local housing markets. Using new data on campaign donors of U.S. mayoral candidates and a regression discontinuity design, I uncover three findings. Consistent with political favors, connection to the mayor causes residential development firms to sell more new housing units.…Read More
Zendrive CEO Jonathan Matus shares how smartphones can make us better drivers and how other stakeholders benefit from Zendrive’s platform.…Read More
The project analyzes the regulatory and governance implications of cryptocurrencies, blockchain-based systems, and distributed ledger technologies. …Read More
The extent to which local incentive policies (such as subsidies and tax credits) are effective at spurring new centers of innovation, and whether these incentives induce overall productivity growth or just a shift of production from one region to another, is the subject of this proposal.…Read More
What is the effect of housing supply regulations on innovation? Just as innovation has become increasingly localized, restrictive local building policies are cited as the cause of skyrocketing housing prices in American cities; yet evidence is limited on the effect of such policies. …Read More
Our Fall Conference 2017 asked participants to consider how to effectively link strategy with strong organizational leadership.…Read More
Innovative new products come with hope, but also risk that they will not work as well as hoped. Thus testing and monitoring are key strategic decisions of an innovative firm in any market, and in some markets these strategic decisions will be intertwined with government regulatory policy.…Read More
As the Internet penetrates more and more aspects of day-to-day life, a company’s regulatory strategy has an increasingly significant impact on its innovation outcomes.…Read More
Mack Center Senior Fellow Michael Mandel analyses the implications of the Federal Trade Commission’s settlement with Google for The Atlantic: The Google Way: How Washington Can Regulate Without Killing Growth. Mandel hails the FTC’s decision as proof that “regulatory agencies can be thoughtful about adopting pro-innovation, pro-growth policies without abandoning…Read More
