Recent policy discussions have debated whether governments should treat state-owned and private enterprises equally or adopt different policies towards each type of enterprise. Such questions are pertinent for difficult economic climates in which government subsidy towards struggling state-owned...

How can a government regulate an existing transportation monopoly based on features of the transport market and route structures? We analyze the government's regulatory problem from the perspective of two possible strategies: partially publicizing the existing monopolist, and entering the...

Although contests are recognized theoretically as a highly effective method of motivation, the competitive nature of contests may generate unintended negative effects on social interactions in more general settings beyond contests. Using a laboratory experiment of real effort tasks with...