We analyze the role of cost complementarities in driving the overall impact of a recent hygiene-rating disclosure policy in the U.K. We develop a simple theoretical multitasking model, which serves as a platform for our empirical analysis. We conduct a counterfactual analysis, which reveals the...

The expansion of home health care could allow the elderly to gain easy access to medical services in rural areas. Although the most of the previous studies focus on the impact of the use of home health care on hospital discharges or the determinants of geographical variation, we examine entry,...

This paper investigates the relationship between a dealer’s network and their ability to survive in the market using a dataset of 19th-century English art transactions. We find that dealers who purchased artworks from central sellers, and thus developed high hub centralities, survived in the...

We study highway procurement in Texas during the Great Recession and stimulus period, finding increased competition with more bidders and lower bids. We argue that the recession reduced opportunity costs, in part due to a slump in private-sector construction. We evaluate costs and efficiency by...

In procurement auctions, there are situations where a bidder's cost is uncertain at the time of bidding, leading to a "winner's curse." We use bridgework data from the State of Oklahoma and an empirical auction model to explore whether the winner's curse also affects entry, which can have...

Using BoardEx (2000--2017), we create a dynamic network connecting firms and board directors for the United States. We use the Environmental Protection Agency's Toxic Release Inventory to measure environmental performance at the director and firm-level. We examine how a candidate's environmental...