Historically minority workers have been underrepresented in the higher-skilled, higher-paying occupations. Government mandates, such as affirmative action, can, under some conditions, change that circumstance, but market efficiencies are often sacrificed. Though there are efficiency losses in...

This dissertation includes two essays investigating issues on the topic of executive compensation. In both essays, a principal-agent model of executives' actions is expanded to include not only an effort choice but also the determination of a criterion for the adoption of new projects. In...

Bőséges tapasztalat halmozódott már fel arra vonatkozóan, hogy a magyar vállalkozások vezetőinek döntő többségében még mindig nem tudatosodott a tisztességes piaci magatartás normarendszere, sőt nagyon sokan nem ismerik még ennek kodifikált szabályait sem. A menedzserek...