This paper was prepared as background for a discussion held at the OECD in June 2016 on commitment decisions in antitrust cases. It reviews arguments in favour and against the use of commitment decisions as they are presented in the literature. It also discusses judicial reviews of commitment...

In a model with private information of the worker about her ability and unobservable effort choice, the role of public and private employment services is analyzed. The coexistence of an inefficient employment exchange and an efficient private agency may lead to optimal screening with first best...

On a homogeneous oligopoly market informed sellers are fully aware of market demand whereas uninformed sellers only know the distribution. We first derive the market results when sellers are risk averse, similarly to Ponssard (1979) who assumed risk neutrality throughout. With the help of these...

Keeping a good disciplinary climate is a key to student learning and well-being. Disciplinary norms need to be clearly established and applied fairly and consistently. Yet, strictness alone cannot optimise student outcomes: students need support and understanding.