2 papers
econ.GN2025
Startup Acquisitions: Acquihires and Talent Hoarding
Jean-Michel Benkert, Igor Letina, Shuo Liu
We study how competitive forces may drive firms to inefficiently acquire startup talent. In our model, two rival firms have the capacity to acquire and integrate a startup operatin…
econ.TH2024
Counterexamples to "Transitive Regret"
Yuan Chang, Shuo Li Liu
Theorem 1 in Bikhchandani & Segal (2011; Theoretical Economics) suggests that a complete, transitive, monotonic, and continuous preference is regret based if and only if it is expe…