I believe that high-stakes decisions explaining firm performance and competition occur more often in the aftermath of social crises and systemic shocks than in stable conditions. Industries undergo technological change, firms adopt innovations, and consumers modify their willingness to pay for certain goods. Building on this causal intuition, I seek to understand what factors make some decision-makers comparatively efficient to capture and some contexts particularly conducive to generate private benefits and economic value for society at large.
Luis Ballesteros 