processing affect the returns to scale of organizations. We identify three informational (dis)economies of scale: diversification …

optimal screening mechanism and characterize its distortions. We analyze the inefficiency of the monopolist's offers in terms …

' productivities from their education choices. In reality, firms also use sophisticated pre-employment auditing to learn workers …

), and firms have the option of auditing to learn workers' productivities. Audits are costly and non-contractible. We … characterize the trade-offs between signaling by workers and costly auditing by firms. Auditing is always associated with (partial … feature new auditing patterns and explain empirical observations in labor economics like wage differentials and comparative …

relevant for football teams: Other smaller organizations or profit centers whose team structures seem comparable to those of …