Sloan School of Management: Recent submissions

Now showing items 49-51 of 3455

    • Integration and Information: Markets and Hierarchies Revisited 

      Gibbons, Robert; Holden, Richard; Powell, Michael (Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology, 2010-01)
      We analyze a rational-expectations model of price formation in an intermediate-good market under uncertainty. There is a continuum of dyads, each consisting of an upstream party and downstream party. Both parties can make ...

    • Measuring Systemic Risk in the Finance and Insurance Sectors 

      Billio, Monica; Getmansky, Mila; Lo, Andrew W.; Pelizzon, Loriana (Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology, 2010-03)
      A significant contributing factor to the Financial Crisis of 2007–2009 was the apparent interconnectedness among hedge funds, banks, brokers, and insurance companies, which amplified shocks into systemic events. In this ...

    • Inside Organizations: Pricing, Politics, and Path Dependence 

      Gibbons, Robert (Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology, 2009-12)
      When economists have considered organizations, much attention has focused on the boundary of the firm, rather than its internal structures and processes. In contrast, this essay sketches three approaches to the economic ...