Wednesday, September 10, 2014

Studying Marketing: Education, Research, Jobs, and Teaching

Studying Marketing: Education, Research, Jobs, and Teaching in Marketing for the Curious: Why Study Marketing (forthcoming)

This article dis cusses a number of facets of Marketing . It describes several aspects for a Marketing education, its research fields, related job opportunities, and details of a teaching career in this field , with t he purpose of providing guidance to marketing students and professionals.

Tuesday, September 9, 2014

Los presidentes españoles

Los presidentes españoles, LID Editorial Empresarial (2014) 220 p.

En un momento como el actual, en el que los ciudadanos manifiestan escasa confianza en los máximos representantes de la democracia española y los candidatos a serlo, nuestra sociedad demanda más y mejor liderazgo político. Pero, ¿cómo podemos evaluar los éxitos y fracasos de los presidentes españoles? ¿Qué factores han influido en su mandato: su personalidad o la oportunidad y el contexto? Con una gran dosis de objetividad, José Luis Álvarez explica el auge y la caída de los gobiernos de Adolfo Suárez, Leopoldo Calvo-Sotelo, Felipe González, José María Aznar, José Luis Rodríguez Zapatero y Mariano Rajoy y otras cuestiones que hoy se revelan vitales por el impacto que han tenido en la ciudadanía, por ejemplo, ¿tienen sentido de urgencia en sus reformas? ¿Son nuestros políticos visionarios o gestores? ¿Cuál es su estilo de toma de decisiones? ¿De qué colaboradores se rodean? ¿Quieren y pueden transformar el país? Los presidentes españoles es un libro de lectura imprescindible en el que encontrarás todas las herramientas que te permitirán evaluar el liderazgo presidencia en particular y político en general.

Asymmetry of Reputation Loss and Recovery under Endogenous Partnerships: Theory and Evidence

Asymmetry of Reputation Loss and Recovery under Endogenous Partnerships: Theory and Evidence International Economic Review (forthcoming)

This paper is inspired by real-world phenomena that firms lose customers based on imprecise information and take a long time to recover. If consumers are playing an ordinary repeated game with fixed partners, there is no clear reason why recovery slowly happens. However, if consumers are playing an endogenously repeated game, a class of simple efficient equilibria exhibits the asymmetry of fast loss of customers after a bad signal and slow recovery. Exit is systematic but formation of a new partnership is random. We also give empirical evidence of our equilibria at an individual-firm level.

Friday, September 5, 2014

Win-win: Female and Male Athletes from more Gender Equal Nations Perform better in International Sports Competitions

BERDAHL Jennifer L., UHLMANN Eric Luis, BAI Feng
Access the publisher's website
Journal of Experimental Social Psychology (forthcoming)

The present study provides the first evidence that increased gender equality in a society releases the human potential not only of women, but also of men. Our research setting is the Olympic Games, the world's foremost sports competition and one of the few contexts in which men's and women's performance is fully segregated by gender and objectively measured at the highest levels. We find that even after controlling for potential third variables (i.e., national gross domestic product, population size, geographic latitude, and income inequality), higher levels of gender equality in a country predict significantly greater success at winning Olympic medals for both its female and male athletes. These findings contradict the common belief that access to opportunities is a zero-sum game in which gains for women inevitably result in losses for men. Rather, gender equality is a "win-win" that allows members of both genders to realize their true potential.

The Disintermediation of Financial Markets: Direct Investing in Private Equity

FANG Lily Hua, IVASHINA Victoria, LERNER Josh
The Disintermediation of Financial Markets: Direct Investing in Private Equity Journal of Financial Economics (forthcoming)

We examine twenty years of direct private equity investments by seven large institutions. These direct investments perform better than public market indices, especially buyout investments and those made in the 1990s. Outperformance by the direct investments, however, relative to the corresponding private equity fund benchmarks is limited and concentrated among buyout transactions. Co-investments underperform the corresponding funds with which they co-invest, due to an apparent adverse selection of transactions available to these investors, while solo transactions outperform fund benchmarks. Investors’ ability to resolve information problems appears to be an important driver of solo deal outcomes.