• Taking the competitor’s pill: when combination therapies enter pharmaceutical markets 

  Brekke, Kurt R.; Dalen, Dag Morten; Straume, Odd Rune (DP SAM;19/2023, Working paper, 2023-11-22)

  We study the competitive effects of combination therapies in pharmaceutical markets, which crucially hinge on the additional therapeutic value of combinatory use of drugs and the therapeutic substitutability with the most ...

• Why do committees work? 

  Breitmoser, Yves; Valasek, Justin (DP SAM;18/2023, Working paper, 2023-11-21)

  We report on the results of an experiment designed to disentangle behavioral biases in information aggregation of committees. Subjects get private signals about the state of world, send binary messages, and finally vote ...

• Lost in Information: National Implementation of Global Tax Agreements 

  Alstadsæter, Annette; Casi, Elisa; Miethe, Jakob; Stage, Barbara M. B. (Discussion paper;22/23, Working paper, 2023-11-13)

  This paper studies how national implementation shapes individual responses to global agreements by looking at the introduction of the multilateral standard for automatic information exchange on financial assets, i.e., the ...

• Home bias in shareholder voting 

  Li, Xuan (Discussion paper;21/23, Working paper, 2023-11-10)

  Institutional investors’ proxy voting decisions are influenced by their geographic proximity to portfolio firms. Using a sample of over 50 million votes cast by U.S. and non-U.S. investors globally, I find that investors ...

• Unraveling Coordination Problems 

  Heijmans, Roweno J.R.K. (Discussion paper;20/23, Working paper, 2023-11-09)

  The interplay between strategic beliefs and policy complicates policy design in coordination games. To untangle this relationship, we study policy design in the context of equilibrium selection. We characterize the unique ...

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