It is still an open question when groups perform better than individuals in intellectual tasks. We report that in a company takeover experiment, groups placed better bids than individuals and substantially reduced the winner's curse. This improvement was mostly due to peer pressure over the minorit...
Do locals perform better than foreigners: evidence from mutual funds investing in Russia In this paper we investigate the question whether mutual funds with a local fund manager perform better than international funds with a fund manager abroad using data on mutual funds investing in Russia for the...
Regression results of revenues show that this difference is highly statistically significant. Further, the profit functions are also statistically different, leading to the conclusion that, ceteris paribus, African American films perform better at the box office. 展开 ...
This study explores when wholly owned subsidiaries outperform joint ventures with local partners. In order to avoid the endogeneity problem inherent in foreign subsidiaries' operating mode decisions that might confound performance measurement, we employ the propensity score matching method, along with the ...
摘要: Incentive effects of salaries"despite the fact that there is no immediate relation between pay and performance, a salaried worker is likely to have incentives to exert effort because good performance will improve future contracts. Such reputational concerns imply that effort...
We study the duration of the initial public offering (IPOD), defined as the waiting time firms spend from the filing of the preliminary prospectus to the final public offering of shares. The length of time spent in registration is crucially important because new firms might miss a window of ...
This paper concerns the labor market for medical interns and residents in the U.S., and in particular, the question of whether the current matching mechanism between graduating medical students and hospitals is 'informationally inefficient'. It was found that overall students performed better than ho...
Do accredited laboratories perform better in proficiency testing than non-accredited laboratories? 来自 掌桥科研 喜欢 0 阅读量: 17 作者: Middlebrook,Ken 摘要: The CALA proficiency testing programme has been in operation since 1991. As CALA is also an accreditation body, every result reported as...
We evaluate the performance of artificial intelligence (AI)-powered mutual funds. We find that these funds do not outperform the market per se. However, a comparison shows that AI-powered funds significantly outperform their human-managed peer funds. We further show that the outperformance of AI ...
Performing better under pressure What is the most stressful thing in school? It is probably exams. 1. But some students succeed under pressure,while others struggle.So,why do some students perform better under stress? It all comes down to dopamine (多巴胺). Dopamine is a chemical in our body...