Showing 1 - 10 of 154
We assemble a novel dataset to study the impact of male scarcity on marital assortative matching and other marriage market outcomes using the large shock that WWI caused to the number of French men. Using a difference-in-differences approach, we find that post war in regions with higher...
Persistent link: https://www.econbiz.de/10014186865
Persistent link: https://www.econbiz.de/10008697818
We characterize the optimal job design in a multitasking environment when the firms rely on implicit incentive contracts (i.e., bonus payments). Two natural forms of job design are compared: (i) individual accountability, where each agent is assigned to a particular job and assumes full...
Persistent link: https://www.econbiz.de/10013131818
We study pricing by a monopoly platform that matches buyers and sellers in an environment with cross-market externalities. Said platform has no private information, does not set the commodity's price and can only charge trading parties for the transaction. Our innovation consists in introducing...
Persistent link: https://www.econbiz.de/10013115237
We use an adverse selection model to study the dynamics of firms reputations when firms implement joint projects. We show that in contrast with projects implemented by a single firm, in the case of joint projects a firm's reputation does not necessarily increase following a success and does not...
Persistent link: https://www.econbiz.de/10013292934
We examine the impact of agreements that prohibit superstars from switching their services to rivals on firms' ability to collude. Exclusivity (or non-compete) clauses are not uncommon in the sports, entertainment and professional services industries, but courts often refrain from enforcing them...
Persistent link: https://www.econbiz.de/10013293175
I analyze a simple model of hold-up with asymmetric information at the contracting stage. I show that contractual signalling and efficiency of investment can conflict if only quantity is contractible. This is because contracted quantity encourages investment in the relationship but also signals...
Persistent link: https://www.econbiz.de/10013293178
We study pricing by a monopoly platform that matches buyers and sellers in an environment with cross-market externalities. Said platform has no private information, does not set the commodity's price and can only charge trading parties for the transaction. Our innovation consists in introducing...
Persistent link: https://www.econbiz.de/10008837702
I reflect on the role of modern economic history in economics. I document a substantial increase in the percentage of papers devoted to economic history in the top-5 economic journals over the last few decades. I discuss how the study of the past has contributed to economics by providing ground...
Persistent link: https://www.econbiz.de/10012457033
We investigate the determinants of students' university choice, with a focus on expected monetary returns, non-pecuniary factors enjoyed at school, and financial constraints, in the Pakistani context. To mitigate the identification problem concerning the separation of preferences, expectations,...
Persistent link: https://www.econbiz.de/10011340949