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We study the consequences of job markets' heavy reliance on referrals. Referrals screen candidates and lead to better matches and increased productivity, but disadvantage job-seekers who have few or no connections to employed workers, leading to increased inequality. Coupled with homophily,...
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Most existing digital identity solutions are either centralized (e.g., national identity cards) or individualistic (e.g., most “self-sovereign” identity proposals). Outside of digital life, however, identity is typically social (for instance, “individual” data such as birthdate is shared...
Persistent link: https://www.econbiz.de/10012871984
We study contracting when both principal and agent have to exert noncontractible effort for production to take place. An analyst is uncertain about what actions are available and evaluates a contract by the expected payoffs it guarantees to each party in spite of the surrounding uncertainty....
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In this paper, we give an overview of the patterns and determinants of domestic abuse, including influencing factors such as the weather, football games as well as covering a wide variety of other temporal and spatial dimensions. We find that domestic abuse is particularly prevalent from Friday...
Persistent link: https://www.econbiz.de/10014124405
We design an experiment to study the role of motivated reasoning in correlation neglect. Participants receive potentially redundant signals about an ego-relevant state—their IQ test performance. We elicit their belief that the signals came from the same source (and thus contain redundant...
Persistent link: https://www.econbiz.de/10014081334
We study contracting when both principal and agent have to exert noncontractible effort for production to take place. An analyst is uncertain about what actions are available and evaluates a contract by the expected payoffs it guarantees to each party in spite of the surrounding uncertainty....
Persistent link: https://www.econbiz.de/10014440091
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Abstract We study long run implications of reinforcement learning when two players repeatedly interact with one another over multiple rounds to play a finite action game. Within each round, the players play the game many successive times with a fixed set of aspirations used to evaluate payoff...
Persistent link: https://www.econbiz.de/10014588979