This paper develops a model of promotions in partnerships and estimates the model using cross-sectional data on major U.S. law firms. Promotions to partner screen associates for firm-specific skills and they generate tournament incentives among associates competing for promotions. The key...

Using an extensive survey of Canadian physicians, the authors study how physician practice patterns are shaped by demographic characteristics, physician specialty, and government policy. They model the simultaneous determination of group size, primary source of professional income...