We examine how non-disclosure agreements (NDAs) influence firm reputation and the flow of labor market information by analyzing three 'NDA-narrowing' state laws that prohibited firms from using NDAs to silence workers regarding unlawful workplace conduct. We document three main results. First,...

Covenants not to compete are often included in employment agreements between firms and employees, justified by each party's voluntary “freedom to contract.” However, noncompetes may also generate externalities for all individuals in the market, including those who have not signed such...

We exploit the 2008 Oregon ban on non-compete agreements (NCAs) for hourly-paid workers to provide the first evidence on the impact of NCAs on low-wage workers. We find that banning NCAs for hourly workers increased hourly wages by 2-3% on average. Since only a subset of workers sign NCAs,...

We seek to diffuse a graphical tool—binned scatterplots—which we argue can dramatically improve the quality and speed of research in strategic management. In contrast to the current practice of showing plots of predicted values, binned scatterplots graph the non-parametric relationship...

The use of machine learning (ML) for productivity in the knowledge economy requires considerations of important biases that may arise from ML predictions. We define a new source of bias related to incompleteness in real time inputs, which may result from strategic behavior by agents. We theorize...

In recent years, scholars and policymakers have devoted considerable attention to the potential consequences of employment noncompetition agreements and to whether legislatures ought to reform the laws that govern the enforcement of these controversial contractual provisions. Unfortunately, much...