Given police abolitionism's new visibility after the 2020 racial justice protests, we assess stakeholder beliefs on the protests' stock impacts on police-affiliated firms. Experts generally underestimate the firms' stock gains, except situated experts like community organizers and police...

We study how negative sentiment around an industry impacts beliefs and behaviors, focusing on demands for racial justice after the murder of George Floyd and the salience of the "defund the police" movement. We assess stakeholder beliefs on the impact of protests on the stock prices of...

We develop an empirical model of the mechanism used to assign police officers to Chicago districts and examine the efficiency and equity of alternative allocations. We document that the current bidding process, which grants priority based on seniority, results in the assignment of more...

While police brutality has sparked demands to scale back policing, public constituencies still have limited knowledge about policing alternatives. In survey experiments, we provide information about dontcallthepolice.com--a database of police alternatives--and police violence statistics and...

This paper studies the language used in television news broadcasts to describe police killings in the United States from 2013-19. We begin by documenting that the media is significantly more likely to use several language structures - e.g., passive voice, nominalization, intransitive verbs -...

We study how negative sentiment around an industry impacts beliefs and behaviors, focusing on demands for racial justice after the murder of George Floyd and the salience of the “defund the police” movement. We assess stakeholder beliefs on the impact of protests on the stock prices of...