We survey the recent literature on the role of information in mechanism design. First, we discuss an emerging … literature on the role of endogenous payoff and strategic information for the design and the efficiency of the mechanism. We … order beliefs becomes a natural desideratum. We discuss recent approaches to robust mechanism design and robust …

from science and engineering relative to other fields. I find that the higher relative exit rate is driven by engineering … rather than science, and show that 60% of the gap can be explained by the relatively greater exit rate from engineering of … working conditions are only secondary factors. The relative exit rate by gender from engineering does not differ from that of …

when mergers are not feasible. Because both approaches require the physical connection of neighboring networks, they may …

of persistent trade effects of ethno-linguistic networks within an overall integrating economy. While markets tended to …

interaction of two alternative explanations of immigrant clustering: (1) network externalities and (2) herd behavior. We advance … the theory by presenting a framework encompassing both network and herd effects, and by delineating various types of … network and herd effects in our empirical work. In order to distinguish between herd and network externalities, we use the …

of international liquidity and, applying techniques borrowed from formal network analysis (in particular, blockmodelling …

network. We show that, conditional on being employed, the probability of finding a job through social networks - relative to …The aim of this Paper is to study the impact of the size and the quality of social networks on the probability of … finding a job. We first develop a theoretical model in which individuals are embedded within a network of social relationships …

on migration decisions, we rely on the concepts of migration networks and herd effects. …

, though networks are a popular method of finding a job for the ethnic minorities, they are not necessarily the most effective … out disproportionately from using personal networks. …

that considers the implications of trust networks. A bond of trust may permit an implicit quid pro quo to substitute for a … bribe, which reduces corruption. Appropriate networks are more easily established in small towns, by long-term residents of … that older people, who have had time to develop a network, bribe less. These results highlight the uphill nature of the …