Results 1 to 10 of about 82,213 (45)
Supply Network Formation and Fragility [PDF]
Social Science Research Network, 2020 We model the production of complex goods in a large supply network. Each firm sources several essential inputs through relationships with other firms.
M. Elliott, B. Golub, Mathieu V. Leduc
semanticscholar +1 more source
Economic Impact of Climate Change
Social Science Research Network, 2022 We estimate the economic impact of climate change by exploiting variation in local temperature across suppliers of the same client. We find that suppliers experiencing a 1°C increase in average daily temperature decrease their sales by 2%.
Cláudia Custódio +3 more
semanticscholar +1 more source
Systemic Risk and Stability in Financial Networks
, 2015 This paper argues that the extent of financial contagion exhibits a form of phase transition: as long as the magnitude of negative shocks affecting financial institutions are sufficiently small, a more densely connected financial network (corresponding ...
Daron Acemoglu +2 more
semanticscholar +1 more source
Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks
, 2016 This article examines whether firm-level idiosyncratic shocks propagate in production networks. We identify idiosyncratic shocks with the occurrence of natural disasters. We find that affected suppliers impose substantial output losses on their customers,
J. Barrot, Julien Sauvagnat
semanticscholar +1 more source
Cultural Distance, Firm Boundaries, and Global Sourcing
Social Science Research Network, 2023 Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce.
Y. Gorodnichenko +2 more
semanticscholar +1 more source
Oligopolistic Price Leadership and Mergers: The United States Beer Industry
The American Economic Review, 2021 We study a repeated game of price leadership in which a firm proposes supermarkups over Bertrand prices to a coalition of rivals. Supermarkups and marginal costs are recoverable from data on prices and quantities using the model’s structure.
Nathan H. Miller +2 more
semanticscholar +1 more source
Optimal Procurement with Quality Concerns
Social Science Research Network, 2023 Adverse selection in procurement arises when low-cost bidders are also low-quality suppliers. We propose a mechanism called LoLA (lowball lottery auction) which, under some conditions, maximizes any combination of buyer’s and social surplus, subject to ...
Giuseppe Lopomo +2 more
semanticscholar +1 more source
Bank Concentration and Product Market Competition
, 2021 This paper documents that concentration in the banking sector is associated with less competitive product market outcomes in non-financial sectors. We argue that a distinguishing feature of credit concentration is the higher incidence of competing firms ...
Farzad Saidi, D. Streitz
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Navigating Investment Decisions with Social Connectedness: Implications for Venture Capital
Journal of Banking & Finance, 2023 This paper studies the role of social connectedness in venture capital (VC) investment decisions. We find that VC firms are more likely to invest in portfolio companies in regions to which they are more socially connected.
Giang Nguyen +3 more
semanticscholar +1 more source
Business Research Quarterly, 2021 Studies have shown that corporate social performance (CSP) is an antecedent of corporate reputation, acting as a signal that affects stakeholders’ perceptions and expectations about a firm’s future behavior.
Clara Pérez‐Cornejo +2 more
semanticscholar +1 more source