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A Decade-Long Longitudinal Survey Shows That the Supreme Court Is Now Much More Conservative than the Public
Has the U.S. Supreme Court become more conservative than the public? We introduce results of three surveys conducted over the course of a decade that ask respondents about their opinions on the policy issues before the court. Using these data, we…
VICI Properties: Creating Value from the Ashes of Caesar’s Demise
In this Closer Look, we use the example of VICI Properties — a publicly traded REIT that emerged from the bankruptcy of Caesar’s Entertainment — to examine how appropriate governance choices can change the course of a corporation and establish a…
A 360 Degree Mixed-Methods Evaluation of a Specialized COVID-19 Outpatient Clinic and Remote Patient Monitoring Program
Our goals are to quantify the impact on acute care utilization of a specialized COVID-19 clinic with an integrated remote patient monitoring program in an academic medical center and further examine these data with stakeholder perceptions of…
7 Rules of Power: Surprising — But True — Advice on How to Get Things Done and Advance Your Career
If you want to “change lives, change organizations, change the world,” the Stanford business school’s motto, you need power.
Is power the last dirty secret or the secret to success? Both. While power carries some negative connotations,…
Theoretically Speaking: A User’s Guide to Theory Exposition in Health Care Management
Theory plays an important role in health care management research. It provides a structure for investigating—often complex—phenomena and identifies potential relationships between variables. Theory directs scholars in the determination of…
Capital Investment and Labor Demand
We study how tax policies that lower the cost of capital impact investment and labor demand. Difference-in-differences estimates using confidential Census Data on manufacturing establishments show that tax policies increased both investment and…
Centralized School Choice with Unequal Outside Options
We study how market design choices exacerbate or mitigate pre-existing inequalities among participants. We introduce outside options in a well-known school choice model, and show that students always prefer manipulable over strategy-proof…
Doubly Robust Identification for Causal Panel Data Models
We study identification and estimation of causal effects in settings with panel data. Traditionally, researchers follow model-based identification strategies relying on assumptions governing the relation between the potential outcomes and the…
Executive Compensation Contracts in the Presence of Adverse Selection
We develop three complementary tests to examine how adverse selection affects the design of executive compensation contracts: First, we show that externally hired CEOs receive higher total pay and have fewer equity incentives relative to…
Family Safety Reporting in Medically Complex Children: Parent, Staff, and Leader Perspectives
Background and Objectives: Despite compelling evidence that patients and families report valid and unique safety information, particularly for children with medical complexity (CMC), hospitals typically do not proactively solicit…
How Organizational Capacity Can Improve Electoral Accountability
The organizational structure of the bureaucracy is a key determinant of policy outcomes. Bureaucratic agencies exhibit wide variation in their organizational capacity, which allows politicians to strategically shape policy implementation. This…
Pacing Entrepreneurs to Success
Entrepreneurial support organizations called pacers are helping businesses in emerging markets achieve their goals by providing services for them in the long run. A blueprint for shifting to a pacer model shows how organizations can support…
Persuasion, Science, and Miracles
As early as St Augustine and Aquinas, philosophers have studied the epistemology of contradictions to natural laws (aka, miracles). In this article, we develop a game-theoretic framework to analyze the concept of a miracle as understood by…
Regional Personality Assessment through Social Media Language
Objective
We explore the personality of counties as assessed through linguistic patterns on social media. Such studies were previously limited by the cost and feasibility of large-scale surveys; however, language-based computational…
Robust Post-Matching Inference
Nearest-neighbor matching is a popular nonparametric tool to create balance between treatment and control groups in observational studies. As a preprocessing step before regression, matching reduces the dependence on parametric modeling…
Smoothed Nested Testing on Directed Acyclic Graphs
We consider the problem of multiple hypothesis testing when there is a logical nested structure to the hypotheses. When one hypothesis is nested inside another, the outer hypothesis must be false if the inner hypothesis is false. We model the…
Stage (Not Age)
The $22 trillion opportunity that can only be unlocked if you rethink everything you think you know about people over sixty.
In the time it takes you to read this, another twenty Americans will turn sixty-five. Ten…
Tax Advantages and Imperfect Competition in Auctions for Municipal Bonds
We study the interaction between tax advantages for municipal bonds and the market structure of auctions for these bonds. We show that this interaction can limit a bidder’s ability to extract information rents and is a crucial determinant of…
Tax Policy and Lumpy Investment Behavior: Evidence from China’s VAT Reform
We incorporate the lumpy nature of firm-level investment into the study of how tax policy affects investment behaviour. We show that tax policies can directly impact the lumpiness of investment. Extensive-margin responses to tax policy are key to…
The Race Between Tax Enforcement and Tax Planning: Evidence From a Natural Experiment in Chile
Profit shifting by multinational corporations is thought to reduce tax revenue around the world. We analyze the introduction of standard regulations aimed at limiting profit shifting. Using administrative tax and customs data from Chile in…