Prior empirical evidence finds that general enrollment effects of merit-aid programs such as the Georgia Helping Outstanding Pupils Educationally (HOPE) scholarship are large and significant, while the effects of need-based aid programs such as the Pell grant are modest and often insignificant....

Administrative skill is essential to organizational effectiveness. Yet, few studies examine how human capital investments over a career affect selection into administration. We use panel data for economists to estimate the probability of choosing administration over a pure academic track. The...

This paper extends the literature on CEO compensation by developing and testing a principal-agent model of executive compensation in the context of project selection. The model's focus on executive project selection decisions highlights the multi-dimensional nature of executive choices that...

While existing research supports that participation in high-school athletics is associated with better education and labour-market outcomes, the mechanisms through which these benefits accrue are not well established. We use data from a large public-school district to retrieve an estimate of the...

We model a hiring process in which the candidate is evaluated sequentially by two agents of the firm who each observe an independent signal of the candidate's productivity. We introduce the potential for taste-based discrimination and characterize how one agent's private valuation of the...