We characterize revenue maximizing mechanisms in a common value environment where the value of the object is equal to the highest of the bidders' independent signals. If the revenue maximizing solution is to sell the object with probability 1, then an optimal mechanism is simply a posted price,...

Market participants' risk attitudes, wealth and portfolio composition influence their positions in apegged foreign currency and, therefore, may have important effects on the sustainability of currencypegs. We analyze such effects in a global game model of currency crises with continuous...

This paper examines the extent to which mothers that care for children where thefather is non-resident have an award or agreement for child support in place. Datafrom the Families and Children Study are used to explore not only whether mothershave an award or order but the type of award they...