Rajan
The Darkest Side of Monopsony: The South Korean Case
"Chaebols”, large business groups controlled by founder families, are usually considered a crucial ingredient of South Korea's economic miracle. But after a process of...
High-Priced Acquisitions of Tech Startups Do Not Always Stimulate More Innovation
What seems to be a big reward to innovation ultimately reduces the incentive to innovate, argues a new Stigler Center working paper by Krishna...
