We identify employees at seven companies whose 401(k) investment choices are dominated because they are contributing less than the employer…
Extracting, delivering, and disposing water requires energy, and similarly, many processes for extracting and refining various fuel sources…
In this paper, we analyze the incentives of an incumbent and an entrant to migrate from an "old" technology to a "new" technology, and…
We study the predictive power of approximately 2.5 million stock picks submitted by individual users to the “CAPS” website run by the…
The BP Deepwater Horizon oil spill highlighted the glaring weakness in the current liability and regulatory regime for oil spills and for…
Movements in asset prices are a major risk confronting individuals. This paper establishes new asset pricing results when agents differ in…
Dear Director,
Congratulations! You and your team have been entrusted with the task of shaping and enforcing regulations for the consumer…
Fiscal policy is taking centre stage. Among advanced countries, the news is bad; Europe’s periphery teeters, the UK slashes, the US…