The financial crisis of 2008 has many causes, with the role of executive compensation in creating excessive risk taking being frequently cited in the press and by policy makers as a leading candidate. The evidence for or against is scarce. This paper assembles panel data on 117 financial firms...

We ask how the adoption of artificial intelligence affects teams, their routines, and performance in a laboratory experiment. We randomize the introduction of automated players and new hires into "laboratory firms" (Weber and Camerer, 2003) engaging in a coordination-based game on the Nintendo...

Do empirical estimates in economics reflect the political orientation of economists? We show that policy-relevant parameters are correlated with economist partisanship as predicted from the text of published academic papers. Specifically, we predict observed political behavior of a subset of...