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Career Concerns, Inaction and Market Inefficiency: Evidence From Utility Regulation

dc.contributor.authorBorenstein, Severinen_US
dc.contributor.authorBusse, Meghan R.en_US
dc.contributor.authorKellogg, Ryanen_US
dc.date.accessioned2012-07-12T17:23:37Z
dc.date.available2013-08-01T14:04:39Zen_US
dc.date.issued2012-06en_US
dc.identifier.citationBorenstein, Severin; Busse, Meghan R.; Kellogg, Ryan (2012). "Career Concerns, Inaction and Market Inefficiency: Evidence From Utility Regulation ." The Journal of Industrial Economics (2): 220-248. <http://hdl.handle.net/2027.42/92047>en_US
dc.identifier.issn0022-1821en_US
dc.identifier.issn1467-6451en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/92047
dc.publisherWiley Periodicals, Inc.en_US
dc.titleCareer Concerns, Inaction and Market Inefficiency: Evidence From Utility Regulationen_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.peerreviewedPeer Revieweden_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/92047/1/joie478.pdf
dc.identifier.doi10.1111/j.1467-6451.2012.00478.xen_US
dc.identifier.sourceThe Journal of Industrial Economicsen_US
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dc.identifier.citedreferenceGuerrieri, V. and Kondor, P. 2009, ‘ Fund Managers, Career Concerns, and Asset Price Volatility,’ National Bureau of Economic Research working paper No. 14898 (National Bureau of Economic Research, Inc., 1050 Massachusetts Avenue, Cambridge, Massachusetts, U.S.A.).en_US
dc.identifier.citedreferenceHarbaugh, R., 2006, ‘ Prospect Theory or Skill Signaling? ’ Working Papers 2005–06 (Indiana University, Kelley School of Business, Department of Business Economics and Public Policy, 1275 E. 10 th Street, Bloomington, Indiana, U.S.A.).en_US
dc.identifier.citedreferenceHolmstrom, B. 1982/1999, ‘ Managerial Incentive Problems: A Dynamic Perspective,’ Festschrift für Lars Wahlback [1982], republished in 1999 in Review of Economic Studies, 66 ( 1 ), pp. 169 – 182.en_US
dc.identifier.citedreferenceMurphy, K.M. and Topel, R.H. 1985, ‘ Estimation and Inference in Two‐Step Econometric Models,’ Journal of Business and Economic Statistics, 3 ( 4 ), pp. 370 – 379.en_US
dc.identifier.citedreferenceNational Association of Regulatory Utility Commissioners. 2008, ‘ Natural Gas Information Toolkit.’ (NARUC, 1101 Vermont Avenue, N.W., Suite 200, Washington, D.C., U.S.A.).en_US
dc.identifier.citedreferenceNeyman, J and Scott, E.L. 1948. ‘Consistent Estimates Based on Partially Consistent Observations,’ Econometrica, 16 ( 1 ), pp. 1 – 32.en_US
dc.identifier.citedreferencePrendergast, C. and Stole, L. 1996, ‘Impetuous Youngsters and Jaded Old‐Timers: Acquiring a Reputation for Learning,’ Journal of Political Economy, 104 ( 6 ), pp. 1105 – 1134.en_US
dc.identifier.citedreferenceRajan, R.G. 1994, ‘Why Bank Credit Policies Fluctuate: A Theory and Some Evidence,’ Quarterly Journal of Economics, 109 ( 2 ), pp. 399 – 441.en_US
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dc.identifier.citedreferenceBorenstein, S.; Busse, M. and Kellogg, R., 2007, ‘ Principal‐Agent Incentives, Excess Caution and Market Inefficiency: Evidence from Utility Regulation,’ Center for the Study of Energy Markets Working Paper No. 174 (University of California Energy Institute, 2547 Channing Way, Berkeley, California, U.S.A.).en_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


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