HEC Research Papers Series

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1155: What Are Analytic Narratives?

Philippe Mongin

1154: Social Preference Under Twofold Uncertainty

Philippe Mongin and Marcus Pivato

1153: Advertising’s Long-Term Impact on Brand Price Elasticity Across Brands and Categories

Marc Vanhuele, Berk Ataman, Koen Pauwels and Shuba Srinivasan

1152: Multinational Banks and Supranational Supervision

Jean-Edouard Colliard, Giacomo Calzolari and Gyongyi Loranth

1151: A Tight Sufficient Condition for Recursive Formulation of Dynamic Implementation Problems

Eric Mengus and Georgy Lukyanov

1150: A Model of Trading in the Art Market

Stefano Lovo and Christophe Spaenjers

1148: Southern Europe's Institutional Decline

Jose Lopez, Eric Mengus and Edouard Challe

1147: Countercyclical Income Risk and Portfolio Choices over the Life-Cycle

Sylvain Catherine

1146: The Competitive Effect of a Bank Megamerger on Credit Supply

Johan Hombert, Henri Fraisse and Mathias Lé

1145: Financial Shocks, Intangible Capital and the Cyclical Behavior of Unemployment

Jose Lopez and Virginia Olivella

1144: Wholesale Funding Dry-Ups

Christophe Perignon, David Thesmar and Guillaume Vuillemey

1143: The Long-Term Returns to Durable Assets

Christophe Spaenjers

1142: Price and Quality Decisions by Self-Serving Managers

Daniel Halbheer, Marco Bertini and Oded Koenigsberg

1141: Incentives and the Structure of Communication

Thomas J Rivera

1140: The Effects of IFRS Adoption on Observed Earnings Smoothing Properties: The Confounding Effects of Changes in Timely Gain and Loss Recognition

Vedran Capkun and Daniel W Collins

1139: Distributive Justice and Joint Venture Termination: A Social Exchange Perspective

Pierre Dussauge , Birgul Arslan and Ulrich Wassmer

1138: What Role for Civil Society Coalitions in Supranational Governance?

Alberto Alemanno

1137: Public Policy to Promote Entrepreneurship: A Call to Arms

Thomas Astebro, Zoltan Acs, David B Audretsch and David Robinson

1136: Sticky Expectations and Stock Market Anomalies

David Thesmar, Jean-Philippe Bouchaud, Philipp Krueger and Augustin Landier

1134: The Excess Returns of 'Quality' Stocks: A Behavioral Anomaly

David Thesmar, Jean-Philippe Bouchaud , Ciliberti Stefano , Augustin Landier and Guillaume Simon

1133: The Sovereign-Bank Diabolic Loop and Esbies

David Thesmar, Markus Brunnermeier, Luis Garicano, Philip Lane, Marco Pagano, Ricardo Reis, Tano Santos , Stijn Van Nieuwerburgh and Dimitri Vayanos

1132: Earnings Increases as a Type-Revealing Signal

Vedran Capkun and Messod Daniel Beneish

1131: Climate Change Assessments: Confidence, Probability and Decision

Brian Hill, Richard Bradley and Casey Helgeson

1130: Appendix: Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety

Thomas Astebro and Kevyn Yong

1129: Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety

Thomas Astebro and Kevyn Yong

1128: The Effects of a Training Program to Encourage Social Entrepreneurship

Thomas Astebro and Florian Hoos

1127: Ripple Effects of Noise on Corporate Investment

Thierry Foucault, Olivier Dessaint , Laurent Frésard and Adrien Matray

1126: Rich Pickings? Risk, Return, and Skill in the Portfolios of the Wealthy

Laurent Calvet, Laurent Bach and Paolo Sodini

1125: Choice - Based Cardinal Utility. A Tribute to Patrick Suppes

Philippe Mongin and Jean Baccelli

1124: The Protection Economy: Occasional Service Failure as a Business Model

Daniel Halbheer , Eitan Gerstner and Oded Koenigsberg

1123: Fast and Slow Informed Trading

Ioanid Rosu

1122: Budgeting in Times of Economic Crisis

Sebastian D Becker , Matthias D Mahlendorf , Utz Schäffer and Mario Thaten

1121: Tastlé-Nestlé, Toogle-Google: The Effects of Similarity to Familiar Brand Names in Brand Name Innovation

Tina M Lowrey and Ann Kronrod

1120: Alleviating Managerial Dilemmas in Human-Capital-Intensive Firms Through Incentives: Evidence from M&A Legal Advisors

Olivier Chatain and Philipp Meyer-Doyle

1119: How Much Better Is Better Regulation? Assessing the Impact of the Better Regulation Package on the European Union – A Research Agenda

Alberto Alemanno

1118: Academic Entrepreneurship: Bayh-Dole versus the 'Professor's Privilege'

Thomas Astebro, Serguey Braguinsky, Pontus Braunerhjelm and Anders Broström

1117: Understanding the Dynamics of Service-Oriented Architecture Implementation

Xitong Li and Stuart Madnick

1116: A Theorem on Aggregating Classifications

Philippe Mongin and Francois Maniquet

1115: The Utilitarian Relevance of the Aggregation Theorem

Philippe Mongin and Marc Fleurbaey

1114: Attention, Information Processing and Choice in Incentive-Aligned Choice Experiments

Cathy L Yang, Olivier Toubia and Martijn G de Jong

1113: L'action publique relative aux risques majeurs: diagnostics et recommandations

Philippe Mongin, Celine Grislain-Letremy and Reza Lahidji

1112: Systemic Risk in Clearing Houses: Evidence from the European Repo Market

David Thesmar, Evren Ors, Francois Derrien and Charles Boissel

1111: Beyond the Target Customer: Social Effects of CRM Campaigns

Peter Ebbes , Eva Ascarza , Oded Netzer and Matt Danielson

1110: Incentive Programs for Reducing Readmissions When Patient Care is Co-Produced

Dimitrios Andritsos and Christopher Tang

1109: Optimal Feed-In Tariff Policies: The Role of Technology Manufacturers

Shadi Goodarzi , Sam Aflaki and Andrea Masini

1108: The Inequality Accelerator

Eric Mengus and Roberto Pancrazi

1107: Category Spanning, Evaluation, and Performance: Revised Theory and Test on the Corporate Law Market

Rodolphe Durand and Lionel Paolella

1106: Energy Efficiency Contracting in Supply Chains Under Asymmetric Bargaining Power

Ali Shantia , Sam Aflaki and Andrea Masini

1105: Media Bias and the Persistence of the Expectation Gap: An Analysis of Press Articles on Corporate Fraud

Cédric Lesage , Hervé Stolowy, Jeffrey Cohen and Yuan Ding

1104: Shareholders’ Demand for Conservatism? Accounting Conservatism, Earnings Management, and the Stewardship Value of Information

Larmande Larmande