K. Foss et al. (2007) attempt to build a theory of an entrepreneurial firm using the notion of experimentation with heterogeneous capital assets. They explain the role of an entrepreneur by the impossibility to sell the entrepreneurial services in the labor market due t...

Responding to the COVID-19 pandemic has created unprecedented social and political challenges. Mitigation strategies often disrupt the daily lives of citizens and constrain rights and privileges. Policies intended to contain disease spread have provoked resentment, resi...

Performance measurement systems (PMS) are generally regarded to serve the needs of top managers. However, a growing literature has started to explore what it takes for these systems to be(come) enabling also for those whose performance is being measured. In this paper, ...

This paper is aimed at testing for nonlinearity and chaos in Investment Grade CDS Indices of US and Europe. For this exercise, the author has chosen the two most liquid indices, namely CDX.NA.IG (US) and iTraxx.Europe (Europe). BDS test (Brock, Dechert, & Scheinkman, 19...

The purpose of this paper is to contribute to the discussion of the effects of published school rankings based on average scores obtained by students on national exams. We study the effectiveness of this (low-stakes) accountability mechanism; we analyze whether students...

This paper analyzes the early research performance of PhD graduates in labor economics, addressing the following questions: Are there major productivity differences between graduates from American and European institutions? If so, how relevant is the quality of the trai...

Extant research on hedonic goods has largely assumed that consumers justify consumption before consuming. However, in everyday life, consumers often justify hedonic consumption after consuming. For instance, a dieter may exercise in the few days after eating a luxurious...