This dissertation is composed of three essays considering the role of private information in economic environments. The first essay considers efficient investments into technologies such as auditing and enforcement systems that are designed to mitigate information and enforcement frictions that...

There are theoretical and discipline field links between career development and human resource development however, interdisciplinary dialogue between the two fields has been essentially limited to one way dialogue. This one way dialogue occurs from within the human resource development field...

This paper confronts the tractability problems that accompany IPV auction models with multi-unit bidder demands. Utilizing a first order approach, the asymptotic properties of symmetric equilibria in discriminatory and uniform price auctions are derived. It is shown that as the number of bidders...

Money has always been something of an embarrassment to economic theory. Everyone agrees that it is important; indeed, much of macroeconomic policy discussion makes no sense without reference to money. Yet, for the most part, theory fails to provide a good account for it. Indeed in the...

This paper outlines what are the essential features of the theory of the monetary circuit. It provides both theoretical and historical foundations to this approach and contrasts it with alternative conceptions of money, including the neoclassical and other heterodox approaches (in particular,...