• -
3 Results
Many trees cut down in a forest.
Ecology and Economics for Pandemic Prevention
The global financial cost of Covid-19 could top $15 trillion. But governments could prevent future pandemics by investing as little as $22 billion a year in programs to curb wildlife trafficking and stem the destruction of tropical forests, according to an international team of scientists including Baker Institute Faculty Scholar Ted Loch-Temzelides.
Ted Loch-Temzelides, Andrew Dobson, Stuart Pimm, Lee Hannah, Les Kaufman, Jorge Ahumada, Amy Ando, Aaron Bernstein, Jonah Busch, Peter Daszak, Jens Engelmann, Margaret Kinnaird, Binbin Li, Thomas Lovejoy, Katarzyna Nowak, Patrick Roehrdanz, Mariana Vale July 24, 2020
Graph with numbers related to the economy.
The Winner's Curse in Acquisitions of Privately-held Firms
The winner’s curse — overestimating the value of an asset and therefore overpaying — is often associated with acquisitions of publicly-traded firms but not with private acquisitions. Using an event study methodology for over 22,000 private acquisitions of U.S. firms between 1985 and 2015, the authors examine a possible winner’s curse for such acquisitions, testing variables to determine what characteristics make a private company more likely to overestimate the asset's value.
James Brander, Edward J. Egan February 1, 2017