Publications des institutions partenaires
On oppression: Animals, the absent referent
On oppression: Animals, the absent referent
Institution partenaire
English / 01/01/2018
The structure and dynamics of the ceo's “small world” of stakeholders. An application to industrial downsizing
Stakeholder theory highlights that a CEO must perform a social responsibility towards multiple stakeholders (employees, politicians, journalists, citizens, etc). These stakeholders constitute a political system and the CEO develops a political strategy to deal with the claims of the different actors. This article mobilizes social network analysis and the complex networks theory to...
Institution partenaire
English / 01/01/2018
WP - 2017-12-29 - Gregor Bäurle, Sarah M. Lein and Elizabeth Steiner: Employment Adjustment and Financial Constraints - Evidence from Firm-level Data
Firms adjust their employment to changes in output. But they tend to adjust employment only partially. Typically, labor is hoarded in downturns and subsequently firms have to hire less in upturns. Investment in labor hoarding may therefore be influenced by factors that impede investments, such as financial constraints. Using firm-level data, we show that financial constraints increase the...
Institution partenaire
English / 29/12/2017
Long-range growth: economic development in the global network of air links
We study the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, we exploit variation due to regulatory and technological constraints which give rise to a discontinuity in connectedness between cities at a distance of 6,000 miles. We show that improving an airport’s position in the network of air links has a...
Institution partenaire
English / 20/12/2017
Humour in ELF interaction: a powerful, multifunctional resource in relational practice
Institution partenaire
English / 18/12/2017
Payment Evasion
This paper shows that a firm can use the purchase price and the fine imposed on detected payment evaders to discriminate between unobservable consumer types. Assuming that consumers self-select into regular buyers and payment evaders, we show that the firm typically engages in second-degree price discrimination in which the purchase price exceeds the expected fine. In addition, we...
Institution partenaire
English / 18/12/2017
Momentum and Crash Sensitivity
This paper proposes a risk-based explanation of the momentum anomaly on equity markets. Regressing the momentum strategy return on the return of a self-financing portfolio going long (short) in stocks with high (low) crash sensitivity in the USA from 1963 to 2012 reduces the momentum effect from a highly statistically significant 11.94% to an insignificant 1.84%. We find additional...
Institution partenaire
English / 15/12/2017
Konjunkturanalyse: Prognose 2018/2019. Der Aufschwung ist da
Abberger, Klaus; Abrahamsen, Yngve; Chatagny, Florian; Dibiasi, Andreas; Eckert, Florian; Funk, Anne Kathrin; Graff, Michael; Hälg, Florian; Iselin, David; Mikosch, Heiner; Neuwirth, Stefan; Rathke, Alexander; Sandqvist, Pauliina; Sarferaz, Samad; Siegenthaler, Michael; Simmons-Süer, Banu; Stücker, Anne; Studer, Dominik; Sturm, Jan‐Egbert
Institution partenaire
English, Deutsch / 14/12/2017
Sell in May and Go Away: The Evidence in the International Equity Index Futures Markets
Institution partenaire
English / 13/12/2017
In search of new product ideas: Identifying ideas in online communities by machine learning and text mining
Online communities are attractive sources of ideas relevant for new product development and innovation. However, making sense of the ‘big data’ in these communities is a complex analytical task. A systematic way of dealing with these data is needed to exploit their potential for boosting companies' innovation performance. We propose a method for analysing online community data...
Institution partenaire
English / 09/12/2017
Predictors of parental leave support: Bad news for (big) dads and a policy for equality
Parenthood increases gender inequality in paid (employment) and unpaid labor (e.g., caretaking). New parental leave plans aim to increase gender equality by reducing managerial discretion and offering gender-neutral benefits. However, coworkers may undermine these inclusive aims, particularly if they show variable support per employee characteristics. Thus, we examine why and how...
Institution partenaire
English / 08/12/2017
Making sense of large data sets without annotations: : analyzing age–related correlations from lung CT scans
The analysis of large data sets can help to gain knowledge about specific organs or on specific diseases, just as big data analysis does in many non-medical areas. This article aims to gain information from 3D volumes, so the visual content of lung CT scans of a large number of patients. In the case of the described data set, only little annotation is available on the patients that...
Institution partenaire
English / 05/12/2017
Multiple shared identities in cross-border M&As
Institution partenaire
English / 04/12/2017
Auctioning risk: The all-pay auction under mean-variance preferences
We analyse the all-pay auction with incomplete information and variance-averse bidders. We characterise the unique symmetric equilibrium for general distributions of valuations and any number of bidders. Variance aversion is a sufficient assumption to predict that high-valuation bidders increase their bids relative to the risk-neutral case while low types decrease their bid....
Institution partenaire
English / 01/12/2017
Laboratory measure of cheating predicts school misconduct
Laboratory experiments provide insights into the drivers of cheating behaviour, but it is unclear to what extent cheating in the lab generalizes to the field. We conducted an experiment with middle and high school students to test whether a common laboratory measure of cheating predicts three types of school misconduct: (i) disruptiveness in class, (ii) homework non-completion, and (...
Institution partenaire
English / 01/12/2017
Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2010
In the last 20 years, the share of top incomes in Switzerland has risen, while
exhibiting large variations. Switzerland is similar to European countries for the top
1% but closer to the U.S. for higher top income groups. With the synthetic control
method we close a time gap in the tax data, exploiting the fact that Swiss cantons
changed their tax system at...
Institution partenaire
English / 01/12/2017
Optimal search from multiple distributions with infinite horizon
With infinite horizon, optimal rules for sequential search from a known distribution feature a constant reservation value that is independent of whether recall of past options is possible. We extend this result to the the case when there are multiple distributions to choose from: it is optimal to sample from the same distribution in every period and to continue searching until a...
Institution partenaire
English / 01/12/2017
The Development of non-cognitive skills in adolescence
Institution partenaire
English / 01/12/2017
Europe Fettered: The impact of crisis-era trade distortions on exports from the European Union
Having grown in real terms by 60% between 2000 to 2008, extra-EU exports have since stagnated. Stripping out other determinants of EU export growth, the focus here is on the impact of trade distortions imposed by foreign governments since the global economic crisis began. Our econometric analysis implies that crisis-era trade distortions held back EU Member State export growth to...
Institution partenaire
English / 01/12/2017
A note on the analysis of two-stage task results: how changes in task structure affect what model-free and model-based strategies predict about the effects of reward and transition on the stay probability
Many studies that aim to detect model-free and model-based influences on behavior employ two-stage behavioral tasks of the type pioneered by Daw and colleagues in 2011. Such studies commonly modify existing two-stage decision paradigms in order to better address a given hypothesis, which is an important means of scientific progress. It is, however, critical to fully appreciate the...
Institution partenaire
English / 01/12/2017
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