sanction, but necessitates an increase in expected wage compensation, which can result in sorting from both the top and bottom … of the altruism distribution. We also show how client composition affects sorting and why street-level bureaucrats often …

, sorting mechanisms, Lamarckian evolution,coevolution and self-organization. Basic features of evolution, such assustained …

) on business services profitability and location choice. We apply a semiparametric Poisson sorting model allowing for firm …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …

an informative estimate of the causal effect of mergers in our sample. Existing measures of long-run abnormal returns …

This paper studies the incentives to merge in a Bertrand competition model where firms sell differentiated …

We study mergers in a market where <I>N</I> firms sell a homogeneous good and consumers search sequentially to discover … prices. The main motivation for such an analysis is that mergers generally affect market prices and thereby, in a search … primary effects of a merger. Our main result is that the level of search costs are crucial in determining the incentives of …