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Does media bias affect voting? We analyze the entry of Fox News in cable
markets and its impact on voting. Between October 1996 and November 2000, the
conservative Fox News Channel was introduced in...
Bid Takers or Market Makers? The Effect of Auctioneers on Auction Outcomes
Auction Outcomes Makers
2015/7/21
Auction design has been studied extensively; however, within a given design, does the process of
how an auction is conducted matter as well? We address this question by looking for systematic
hete...
Measuring the Effect of Multimarket Contact on Competition:Evidence from Mergers Following Radio Broadcast Ownership Deregulation
Marketing Communications Markets Geographic Location Advertising Ownership Price
2015/5/13
This paper examines the effects of multimarket contact on advertising prices in the U.S. radio broadcasting industry. While it is in general difficult to measure the effect of multimarket contact on c...
Matthew:Effect or Fable?
Risk and Uncertainty Status and Position Measurement and Metrics Quality
2015/4/24
In a market context, a status effect occurs when actors are accorded differential recognition for their efforts depending on their location in a status ordering, holding constant the quality of these ...
Statistical causes for the Epps effect in microstructure noise
Statistical Epps effect microstructure noise
2010/10/21
We present two statistical causes for the distortion of correlations on high-frequency financial data. We demonstrate that the asynchrony of trades as well as the decimalization of stock prices has a...