Many companies are under pressure to improve pay transparency; however, its impact on their agents and principals remains unclear. As a way to investigate the upside and downside of pay transparency, we conduct a study that focuses on a scenario where agents have “cognitive bias” (namely,...

[Problem definition.] To alleviate farmer poverty, governments and non-governmental organizations (NGOs) are developing different mechanisms for disseminating market information to farmers in developing countries. This paper examines whether a wider dissemination of information will always...

We examine a (large) manufacturer's bribery decision (to bribe or not to bribe) arising from a procurement auction under "disparate corruption pressure'' when another (small) manufacturer is known to offer the auctioneer (i.e., the intermediary) a bribe in exchange for the "right of first...