
We study college diversity policies in the presence of local peer effects and pre-college investments. If students are constrained in the side payments they can make within peer …
Economists have largely ignored the deep interdependency between integration and delegation. This column describes a new theory of integration and delegation choices aimed at …
This paper focuses on sharing of information during the innovation process. Many of the questions raised by the organization of firms and markets for innovation have been analyzed …
n recent years, several US states have introduced college admission policies that reward local rather than global relative performance by guaranteeing admission to students …
Discover how to create stunning, interactive presentations using simple Markdown — no PowerPoint, Keynote, or vendor lock-in required.
We provide a simple framework for analyzing how competition affects the choice of audit structures in an oligopolistic insurance industry. When the degree of competition increases, …