March 6, 2025
“This paper examines how changes in risk disclosures affect uncertainty about risk. We measure changes in risk disclosures using the addition and removal of individual risk factors to firms’ 10-K […]
March 6, 2025
“This paper examines complexity in CEO compensation contracts. We develop a measure of compensation complexity and provide empirical evidence that complexity has increased substantially over time. We document that complexity […]
March 6, 2025
“A circular economy is a “closed-loop” system designed so that products flow back into the production cycle after use. With many companies implementing take-back programs as part of their sustainability […]
March 3, 2025
This research provides a model that gives novel predictions for the structure of banking syndicates.”Real world contracts are typically private, observed only by their direct signatories, so agents working together are […]
February 27, 2025
“This paper examines the effect of the expiry of recording copyright on the supply of music—in the form of rereleases, availability on streaming platforms, and concert performances—by artists popular in […]
February 27, 2025
“Generative artificial intelligence technologies, especially large language models (LLMs) like ChatGPT, are revolutionizing information acquisition and content production across a variety of domains.” This resea”rch provides inital evidence that Gen […]
February 27, 2025
Tools like DALL-E provide text-to-image generative AI. This research shows that over time, text-to-image AI significantly enhances human creative productivity. “While peak artwork Content Novelty, defined as focal subject matter […]
February 13, 2025
“High-profile instances of brands accused of cultural appropriation suggest that even the most prominent brands fail to fully understand the complexities of this phenomenon. This work experimentally unpacks consumer perceptions […]
February 13, 2025
“Scholarship regarding occupational gender segregation has almost exclusively focused on women’s experiences (e.g., as targets of discrimination in masculine domains), yet understanding factors that perpetuate men’s underrepresentation in traditionally feminine […]
