We study incentives under different information regimes by analyzing a rule change in the audit industry in the USA. Since February 2017, the name of the engagement partner has to be disclosed for all audit reports issued in the USA. We show that this quest for transparency has its pitfalls...

Consider a society where ethnic conflict is imminent due to people's belief about the state of the world. An `informed agent' is a player who has private information about the state. We analyze whether the informed agent can achieve peace by sending private messages to the players. If the...

A principal and her worker's type is correlated via the principal's screening ability (a high ability principal is more likely to hire a high ability worker). The firm's stage payoff depends upon the worker's reputation. This paper provides a new explanation for how a spinoff (firm formed when a...

Using two identification strategies, we demonstrate a positive relationship between the connectedness of a PhD adviser (in the coauthor network) and the placement of her student. In method one, identification is achieved by using changes in the centrality of the adviser’s coauthors in the year...