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Previous research has emphasized price incentives, certification, and monitoring as mechanisms to motivate suppliers to behave responsibly. We investigate another mechanism -- the scale of production -- and the tradeoff between scale and monitoring as mechanisms to induce responsible behavior....
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We study the policy choice of an office-holding politician who is concerned with the public’s perception of his capabilities. The politician decides whether to maintain the status quo or to conduct a risky reform. The success of the reform depends critically upon the capability of the...
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Two potentially asymmetric players compete for a prize of common value, which is initially unknown, by exerting efforts. A designer has two instruments for contest design. First, she decides whether and how to disclose an informative signal of the prize value to players. Second, she sets the...
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