Now showing items 10-14 of 14

    • Large investors’ portfolio composition and firms value. 

      Ravid, S. Abraham; Sekerci, Naciye (2020-04)
      We analyze new Swedish data on the portfolio holdings of large blockholders and find that firm value increases with the weight of a stock in a large blockholder's portfolio. In our sample, this weight may be greater than ...
    • Optimal Allocation of an Indivisible Good. 

      Shao, Ran; Zhou, Lin (Elsevier, 2016-11)
      In this paper, we consider the problem of allocating an indivisible good efficiently between two agents with monetary transfers. We focus on allocation mechanisms that are dominant-strategy incentive compatible when agents' ...
    • Star Turnover and the Value of Human Capital—Evidence from Broadway Shows.Management Science. 

      Ravid, S. Abraham; Han, Shu (Institute for Operations Research and the Management Sciences (INFORMS, 2020-02)
      Theater shows routinely turn over actors in lead roles. Otherwise, the show stays the same, including the director, the script, other actors and, the physical theater environment. Even the lines performed do not change the ...
    • Trade credit, quality guarantees, and product marketability. 

      Ravid, S. Abraham; Long, Michael; Malitz, Illeen B. (Wiley [Commercial Publisher] ; Financial Management Association International [Associate Organisation], 1993-11)
      Although trade credit has long been an important source of financing for corporations, it is one of the least understood methods of doing business. One possible reason for misconceptions about trade credit is that it is ...
    • Voting and optimal provision of a public good. 

      Shao, Ran; Zhou, Lin (Elsevier, 2016-02)
      In this paper, we study the optimal provision of a costly public good using an average efficiency crite- rion. For every fixed cost, we identify a quota mechanism as the optimal mechanism among those that are dominant- ...