The balancing market for power is designed to account for the difference between predicted and actual supply and demand of electricity. However, increased electrification of society changes the consumption patterns, and increased production from renewable sources leads to larger un-predicted...

Disclosure about most externality-related product attributes is not mandatory, and consumers have to rely on the information strategically disclosed by manufacturers. I study consumer perceptions in the voluntary disclosure model of Grossman (1981) and show that dirty manufacturers can mislead...

Machine learning, or artificial intelligence, refers to a vast array of different algorithms that are being put to highly varied uses, including in transportation, medicine, social media, marketing, and many other settings. Not only do machine-learning algorithms vary widely across their types...

Our paper helps answer why stricter environmental regulations, even combined with sufficient financial resources, still fail to yield significant green innovation performance by considering the heterogeneity of corporate governance mechanisms. Building on the institutional theory, resource-based...

Problem definition: In this paper, we compare laissez-faire and mandatory authorization policy regimes for third-party remanufacturing. Under a laissez-faire policy, an independent remanufacturer (IR) chooses whether to get the original equipment manufacturer (OEM) authorization for its...

This Chapter continues unpacking the gatekeeping role assigned to the procurement function in the context of public sector digitalisation. After the analysis of procurement as a regulatory actor in https://ssrn.com/abstract=4351555, the focus is now put on the procedural and substantive...

This paper examines whether and through which channels government pension accounting regulations can affect the local housing markets and economies. Using both a contiguous border-county approach and a city-level analysis in California, I find that regions exposed to more severe public pension...

The form of political governance determines the structure of competition among interest groups. A politician choosing direct control of firm entry can be bribed, while regulation based on minimum requirements makes her prone to lobbying. Direct control offers exclusive benefit to the winning...

Corporate pledges to achieve net zero greenhouse gas emissions in line with the international Paris Agreement on climate change are proliferating around the world, including in Australia. Regulatory drivers include corporate law obligations to identify, disclose and manage climate-related...

Postal service has become an important channel for drug trafficking worldwide. This paper examines the impact of the real-name mailing regulation on drug use in a Chinese province. Based on the universe of drug arrest, the difference-in-differences analysis shows that after the implementation of...