NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Microeconomics: Information, Knowledge, and Uncertainty


2014
w20411 Neale Mahoney
E. Glen Weyl

Imperfect Competition in Selection Markets

w20397 Christopher Cotton
Brent R. Hickman
Joseph P. Price

Affirmative Action and Human Capital Investment: Evidence from a Randomized Field Experiment

w20394 Lars Peter Hansen
Uncertainty Outside and Inside Economic Models

w20391 Peter Benczur
Cosmin L. Ilut

Evidence for Relational Contracts in Sovereign Bank Lending

w20381 Keith M Marzilli Ericson
On the Interaction of Memory and Procrastination: Implications for Reminders

w20365 Kinda Hachem
Resource Allocation and Inefficiency in the Financial Sector

w20363 Hunt Allcott
Paternalism and Energy Efficiency: An Overview

w20346 Helios Herrera
Guillermo Ordoñez
Christoph Trebesch

Political Booms, Financial Crises

w20319 David Backus
Axelle Ferriere
Stanley Zin

Risk and Ambiguity in Models of Business Cycles

w20315 Sylvain Chassang
Gerard Padró i Miquel

Corruption, Intimidation, and Whistle-blowing: a Theory of Inference from Unverifiable Reports

w20301 Philippe Aghion
Matthew Jackson

Inducing Leaders to Take Risky Decisions: Dismissal, Tenure, and Term Limits

w20295 Bart J. Bronnenberg
Jean-Pierre Dubé
Matthew Gentzkow
Jesse M. Shapiro

Do Pharmacists Buy Bayer? Informed Shoppers and the Brand Premium

w20293 Christopher Gedge
James W. Roberts
Andrew Sweeting

A Model of Dynamic Limit Pricing with an Application to the Airline Industry

w20276 Arun G. Chandrasekhar
Matthew O. Jackson

Tractable and Consistent Random Graph Models

w20255 Tri Vi Dang
Gary Gorton
Bengt Holmström
Guillermo Ordonez

Banks as Secret Keepers

w20238 Francesco Bianchi
Leonardo Melosi

Escaping the Great Recession

w20215 Ian W.R. Martin
Robert S. Pindyck

Averting Catastrophes: The Strange Economics of Scylla and Charybdis

w20209 Jaroslav Borovička
Lars P. Hansen
José A. Scheinkman

Misspecified Recovery

w20193 Tarek A. Hassan
Thomas M. Mertens

Information Aggregation in a DSGE Model

w20192 Steven Shavell
A General Rationale for a Governmental Role in the Relief of Large Risks

w20170 Greg Fischer
Dean Karlan
Margaret McConnell
Pia Raffler

To Charge or Not to Charge: Evidence from a Health Products Experiment in Uganda

w20147 Thomas F. Hellmann
Veikko Thiele

Friends or Foes: The Interrelationship between Angel and Venture Capital Markets

w20127 Keith M. Marzilli Ericson
When Consumers Do Not Make an Active Decision: Dynamic Default Rules and their Equilibrium Effects

w20109 Steve Cicala
When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation

w20106 Pedro Bordalo
Nicola Gennaioli
Andrei Shleifer

Stereotypes

w20100 Paul S. Willen
Evaluating Policies to Prevent another Crisis: An Economist’s View

w20088 Matthew Chesnes
Weijia (Daisy) Dai
Ginger Zhe Jin

Banning Foreign Pharmacies from Sponsored Search: The Online Consumer Response

w20081 Francesco Bianchi
Cosmin L. Ilut
Martin Schneider

Uncertainty Shocks, Asset Supply and Pricing over the Business Cycle

w20074 Daniel Elfenbein
Raymond Fisman
Brian McManus

Market Structure, Reputation, and the Value of Quality Certification

w20044 Jess Benhabib
Pengfei Wang

Private Information and Sunspots in Sequential Asset Markets

w20043 Florian Scheuer
Alexander Wolitzky

Capital Taxation under Political Constraints

w20034 Brigham Frandsen
James B. Rebitzer

Structuring Incentives Within Organizations: The Case of Accountable Care Organizations

w20028 Benjamin E. Hermalin
Michael S. Weisbach

Understanding Corporate Governance Through Learning Models of Managerial Competence

w20026 George J. Borjas
Kirk B. Doran

Which Peers Matter? The Relative Impacts of Collaborators, Colleagues, and Competitors

w20019 Sébastien Houde
How Consumers Respond to Environmental Certification and the Value of Energy Information

w19873 J.J. Prescott
Kathryn E. Spier
Albert Yoon

Trial and Settlement: A Study of High-Low Agreements

w19915 Hugh Macartney
The Dynamic Effects of Educational Accountability

w19897 Michael Woodford
An Optimizing Neuroeconomic Model of Discrete Choice

w19896 Jeffrey E. Harris
Beatriz G. López-Valcárcel
Patricia Barber
Vicente Ortún

Efficiency versus Equity in the Allocation of Medical Specialty Training Positions in Spain: A Health Policy Simulation Based on a Discrete Choice Model

w19835 Florian Scheuer
Kent Smetters

Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine

w19876 Andrew Caplin
Mark Dean

Revealed Preference, Rational Inattention, and Costly Information Acquisition

w19875 Pablo Kurlat
Johannes Stroebel

Testing for Information Asymmetries in Real Estate Markets

w19852 Daron Acemoglu
Mohamed Mostagir
Asuman Ozdaglar

Managing Innovation in a Crowd

w19780 Stephen Holland
Andrew J. Yates

Optimal Trading Ratios for Pollution Permit Markets

w19822 Casey Rothschild
Florian Scheuer

A Theory of Income Taxation under Multidimensional Skill Heterogeneity

w19820 Seth Freedman
Ginger Zhe Jin

The Signaling Value of Online Social Networks: Lessons from Peer-to-Peer Lending

w19809 Kathy Fogel
Liping Ma
Randall Morck

Powerful Independent Directors

w19807 Jesse M. Shapiro
Special Interests and the Media: Theory and an Application to Climate Change


2013
w19682 Jonathan Zinman
Consumer Credit: Too Much or Too Little (or Just Right)?

w19675 Matthew Gentzkow
Jesse M. Shapiro

Ideology and Online News

w19645 C. Kirabo Jackson
Henry S. Schneider

Reducing Moral Hazard in Employment Relationships: Experimental Evidence on Managerial Control and Performance Pay

w19629 Xi Wu
Li Gan

Multiple Dimensions of Private Information in Life Insurance Markets

w19618 Benjamin Moll
Robert M. Townsend
Victor Zhorin

Financial Obstacles and Inter-Regional Flow of Funds

w19617 Alexander Karaivanov
Robert M. Townsend

Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes

w19534 Lisa Cameron
Manisha Shah

Risk-Taking Behavior in the Wake of Natural Disasters

w19527 Keith M Marzilli Ericson
Amanda Starc

How Product Standardization Affects Choice: Evidence from the Massachusetts Health Insurance Exchange

w19519 Michael R. Baye
Babur De los Santos
Matthijs R. Wildenbeest

Searching for Physical and Digital Media: The Evolution of Platforms for Finding Books

w19498 John Morrow
Michael Carter

Left, Right, Left: Income, Learning and Political Dynamics

w19482 Jeffrey Hoopes
Daniel Reck
Joel Slemrod

Taxpayer Search for Information: Implications for Rational Attention

w19433 Ori Heffetz
Katrina Ligett

Privacy and Data-Based Research

w19399 Benjamin R. Handel
Igal Hendel
Michael D. Whinston

Equilibria in Health Exchanges: Adverse Selection vs. Reclassification Risk

w19384 Keith M. Marzilli Ericson
Andreas Fuster

The Endowment Effect

w19376 Kyle Handley
Nuno Limão

Policy Uncertainty, Trade and Welfare: Theory and Evidence for China and the U.S.

w19373 Benjamin R. Handel
Jonathan T. Kolstad

Health Insurance for “Humans”: Information Frictions, Plan Choice, and Consumer Welfare

w19334 Mark Rosenzweig
Christopher R. Udry

Forecasting Profitability

w19318 Andrew Caplin
Mark Dean

Behavioral Implications of Rational Inattention with Shannon Entropy

w19317 Joseph Stiglitz
Jungyoll Yun

Optimality and Equilibrium In a Competitive Insurance Market Under Adverse Selection and Moral Hazard

w19311 Ryan D. Edwards
If My Blood Pressure Is High, Do I Take It To Heart? Behavioral Impacts of Biomarker Collection in the Health and Retirement Study

w19284 Luigi Guiso
Paola Sapienza
Luigi Zingales

Time Varying Risk Aversion

w19250 Pietro Ortoleva
Erik Snowberg

Overconfidence in Political Behavior

w19244 Robert S. Pindyck
Climate Change Policy: What Do the Models Tell Us?

w19235 Florian Scheuer
Entrepreneurial Taxation with Endogenous Entry

w19224 Richard G. Newell
Juha V. Siikamäki

Nudging Energy Efficiency Behavior: The Role of Information Labels

w19209 Thomas P. Triebs
Justin Tumlinson

Learning Capitalism the Hard Way—Evidence from Germany's Reunification

w19154 Meghan R. Busse
Ayelet Israeli
Florian Zettelmeyer

Repairing the Damage: The Effect of Price Expectations on Auto-Repair Price Quotes

w19148 Joseph S. Vavra
Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation

w19133 Ajay K. Agrawal
Christian Catalini
Avi Goldfarb

Some Simple Economics of Crowdfunding

w19130 Emel Filiz-Ozbay
Jonathan Guryan
Kyle Hyndman
Melissa Schettini Kearney
Erkut Y. Ozbay

Do Lottery Payments Induce Savings Behavior: Evidence from the Lab

w19103 Robin L. Lumsdaine
Rogier J.D. Potter van Loon

Wall Street vs. Main Street: An Evaluation of Probabilities

w19069 Victor Stango
Jonathan Zinman

Borrowing High vs. Borrowing Higher: Sources and Consequences of Dispersion in Individual Borrowing Costs

w19065 Nicole M. Aulerich
Scott H. Irwin
Philip Garcia

Bubbles, Food Prices, and Speculation: Evidence from the CFTC’s Daily Large Trader Data Files

w19064 Joseph Stiglitz
Jungyoll Yun

Optimal Provision of Loans and Insurance Against Unemployment From A Lifetime Perspective

w19022 Guillermo Ordonez
Sustainable Shadow Banking

w19021 Liran Einav
Chiara Farronato
Jonathan D. Levin
Neel Sundaresan

Sales Mechanisms in Online Markets: What Happened to Internet Auctions?

w19001 Maija Halonen-Akatwijuka
Oliver D. Hart

More is Less: Why Parties May Deliberately Write Incomplete Contracts

w18989 Rüdiger Bachmann
Steffen Elstner

Firms’ Optimism and Pessimism

w18961 Hongbin Cai
Ginger Z. Jin
Chong Liu
Li-An Zhou

More Trusting, Less Trust? An Investigation of Early E-Commerce in China

w18939 Ginger Zhe Jin
Jungmin Lee

Inspection Technology, Detection and Compliance: Evidence from Florida Restaurant Inspections

w18936 Roland Bénabou
Jean Tirole

Bonus Culture: Competitive Pay, Screening, and Multitasking

w18929 Geoffrey Heal
Antony Millner

Uncertainty and Decision in Climate Change Economics

w18923 Anil K Kashyap
Natalia Kovrijnykh

Who Should Pay for Credit Ratings and How?

w18912 Andrew G. Atkeson
Andrea L. Eisfeldt
Pierre-Olivier Weill

The Market for OTC Derivatives

w18878 Jess Benhabib
Pengfei Wang
Yi Wen

Uncertainty and Sentiment-Driven Equilibria

w18863 John Cawley
Rosemary Avery
Matthew Eisenberg

The Effect of Deceptive Advertising on Consumption of the Advertised Good and its Substitutes: The Case of Over-the-Counter Weight Loss Products

w18766 Jaromir Nosal
Guillermo Ordoñez

Uncertainty as Commitment

w18729 Yuyu Chen
Ginger Zhe Jin
Naresh Kumar
Guang Shi

Gaming in Air Pollution Data? Lessons from China

w18743 Stephen G. Dimmock
Roy Kouwenberg
Olivia S. Mitchell
Kim Peijnenburg

Ambiguity Aversion and Household Portfolio Choice: Empirical Evidence

w18727 Daron Acemoglu
Asuman Ozdaglar
Alireza Tahbaz-Salehi

Systemic Risk and Stability in Financial Networks

w18708 Pedro Bordalo
Nicola Gennaioli
Andrei Shleifer

Salience and Asset Prices

w18704 Yongyang Cai
Kenneth L. Judd
Thomas S. Lontzek

The Social Cost of Stochastic and Irreversible Climate Change

w18678 Andrew J. Epstein
Sean Nicholson
David A. Asch

The Production of and Market for New Physicians' Skill

w18669 Annamaria Lusardi
Pierre-Carl Michaud
Olivia S. Mitchell

Optimal Financial Knowledge and Wealth Inequality

w18666 Nicola Pavoni
Ofer Setty
Giovanni L. Violante

Search and Work in Optimal Welfare Programs


2012
w18641 Ned Augenblick
Jesse M. Cunha
Ernesto Dal Bó
Justin M. Rao

The Economics of Faith: Using an Apocalyptic Prophecy to Elicit Religious Beliefs in the Field

w18638 Julio J. Rotemberg
Prominent Job Advertisements, Group Learning and Wage Dispersion

w18634 Nolan Miller
Alexander F. Wagner
Richard J. Zeckhauser

Solomonic Separation: Risk Decisions as Productivity Indicators

w18621 Nicholas C. Barberis
Thirty Years of Prospect Theory in Economics: A Review and Assessment

w18608 Jennifer Brown
Dylan B. Minor

Misconduct in Credence Good Markets

w18590 L. Elisa Celis
Gregory Lewis
Markus M. Mobius
Hamid Nazerzadeh

Buy-it-now or Take-a-chance: Price Discrimination through Randomized Auctions

w18585 Marco Battaglini
Bård Harstad

Participation and Duration of Environmental Agreements

w18567 Weijia Dai
Ginger Z. Jin
Jungmin Lee
Michael Luca

Optimal Aggregation of Consumer Ratings: An Application to Yelp.com

w18545 Marina Halac
Pierre Yared

Fiscal Rules and Discretion under Persistent Shocks

w18517 John Chalmers
Woodrow T. Johnson
Jonathan Reuter

The Effect of Pension Design on Employer Costs and Employee Retirement Choices: Evidence from Oregon

w18507 Greg Kaplan
Sam Schulhofer-Wohl

Understanding the Long-Run Decline in Interstate Migration

w18495 Thomas F. Hellmann
Veikko Thiele

A Theory of the Firm based on Partner Displacement

w18471 Nick Netzer
Florian Scheuer

A Game Theoretic Foundation of Competitive Equilibria with Adverse Selection

w18468 Katherine Baicker
Sendhil Mullainathan
Joshua Schwartzstein

Behavioral Hazard in Health Insurance

w18459 Marc-Andreas Muendler
James E. Rauch

Mobilizing Social Capital Through Employee Spinoffs

w18451 Pierre Collin-Dufresne
Vyacheslav Fos

Insider Trading, Stochastic Liquidity and Equilibrium Prices

w18430 Victor Lavy
Edith Sand

The Friends Factor: How Students’ Social Networks Affect Their Academic Achievement and Well-Being?

w18413 Jess Benhabib
Pengfei Wang
Yi Wen

Sentiments and Aggregate Demand Fluctuations

w18406 Florian Scheuer
Adverse Selection In Credit Markets and Regressive Profit Taxation

w18401 Rema Hanna
Sendhil Mullainathan
Joshua Schwartzstein

Learning Through Noticing: Theory and Experimental Evidence in Farming

w18360 Guillermo Ordoñez
The Asymmetric Effects of Financial Frictions

w18365 Yongyang Cai
Kenneth L. Judd
Thomas S. Lontzek

Continuous-Time Methods for Integrated Assessment Models

w18364 Carolin Haeussler
Matthew J. Higgins

Explaining Preferences for Control Rights in Strategic Alliances: A Property Rights and Capabilities Perspective Approach

w18354 Laurence Ales
Pricila Maziero
Pierre Yared

A Theory of Political and Economic Cycles

w18351 Vivi Alatas
Abhijit Banerjee
Arun G. Chandrasekhar
Rema Hanna
Benjamin A. Olken

Network Structure and the Aggregation of Information: Theory and Evidence from Indonesia

w18348 Seonghoon Cho
Bennett T. McCallum

Refining Linear Rational Expectations Models and Equilibria

w18325 Dean Karlan
Ryan Knight
Christopher Udry

Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development

w18262 Robert S. Pindyck
Risk and Return in Environmental Economics

w18251 Dimitri Vayanos
Jiang Wang

Market Liquidity — Theory and Empirical Evidence

w18242 Malcolm Baker
Jeffrey Wurgler

Dividends as Reference Points: A Behavioral Signaling Approach

w18241 Leonardo Bursztyn
Florian Ederer
Bruno Ferman
Noam Yuchtman

Understanding Peer Effects in Financial Decisions: Evidence from a Field Experiment

w18230 Derek M. Lemoine
Christian P. Traeger

Tipping Points and Ambiguity in the Economics of Climate Change

w18228 Casey Rothschild
Florian Scheuer

Redistributive Taxation in the Roy Model

w18211 Ulrike Malmendier
Marcus Matthias Opp
Farzad Saidi

Cash is King - Revaluation of Targets after Merger Bids

w18205 Robert S. Pindyck
The Climate Policy Dilemma

w18136 Howard Kunreuther
Geoffrey Heal

Managing Catastrophic Risk

w18096 Raymond Fisman
Daniel Paravisini
Vikrant Vig

Cultural Proximity and Loan Outcomes

w18082 Christopher L. Foote
Kristopher S. Gerardi
Paul S. Willen

Why Did So Many People Make So Many Ex Post Bad Decisions? The Causes of the Foreclosure Crisis

w18076 Patrick Hummel
Brian Knight

Sequential or Simultaneous Elections? A Welfare Analysis

w18073 Roger Bate
Ginger Zhe Jin
Aparna Mathur

Counterfeit or Substandard? Assessing Price and Non-Price Signals of Drug Quality

w18065 Xavier Giné
Jessica Goldberg
Dan Silverman
Dean Yang

Revising Commitments: Field Evidence on the Adjustment of Prior Choices

w18036 Javier Bianchi
Emine Boz
Enrique G. Mendoza

Macro-Prudential Policy in a Fisherian model of Financial Innovation

w18022 Melvyn G. Coles
Dale T. Mortensen

Equilibrium Labor Turnover, Firm Growth and Unemployment

w17999 Bernhard Ganglmair
Emanuele Tarantino

Patent Disclosure in Standard Setting

w17988 Andrew Caplin
Daniel J. Martin

Defaults and Attention: The Drop Out Effect

w17973 Michael D. Hurd
Susann Rohwedder

Stock Price Expectations and Stock Trading

w17962 Christopher L. House
Jing Zhang

Layoffs, Lemons and Temps

w17955 Roger Bate
Ginger Zhe Jin
Aparna Mathur

In Whom We Trust: The Role of Certification Agencies in Online Drug Markets

w17920 Zhiguo He
Gregor Matvos

Debt and Creative Destruction: Why Could Subsidizing Corporate Debt be Optimal?

w17898 Andrew Atkeson
Christian Hellwig
Guillermo Ordonez

Optimal Regulation in the Presence of Reputation Concerns

w17895 Bruce Ian Carlin
Florian Ederer

Search Fatigue

w17883 Gharad T. Bryan
Dean Karlan
Jonathan Zinman

Referrals: Peer Screening and Enforcement in a Consumer Credit Field Experiment

w17876 Veronica Guerrieri
Robert Shimer

Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality

w17833 Francesco Caselli
Thomas E. Cunningham
Massimo Morelli
Inés Moreno de Barreda

Signalling, Incumbency Advantage, and Optimal Reelection Thresholds

w17829 Jonathan Zinman
Eric Zitzewitz

Wintertime for Deceptive Advertising?

w17817 Florian Scheuer
Optimal Asset Taxes in Financial Markets with Aggregate Uncertainty

w17790 Kyle Handley
Nuno Limão

Trade and Investment under Policy Uncertainty: Theory and Firm Evidence

w17765 Louis Kaplow
On the Optimal Burden of Proof

w17761 Pedro Bordalo
Nicola Gennaioli
Andrei Shleifer

Salience in Experimental Tests of the Endowment Effect

w17743 Abhijit Banerjee
Arun G. Chandrasekhar
Esther Duflo
Matthew O. Jackson

The Diffusion of Microfinance

w17732 Eric Zitzewitz
Does Transparency Reduce Favoritism and Corruption? Evidence from the Reform of Figure Skating Judging


2011
w17696 Viral V. Acharya
Bart M. Lambrecht

A Theory of Income Smoothing When Insiders Know More Than Outsiders

w17664 Augustin Landier
David Thesmar

Regulating Systemic Risk through Transparency: Tradeoffs in Making Data Public

w17647 Gregory Lewis
Patrick Bajari

Moral Hazard, Incentive Contracts and Risk: Evidence from Procurement

w17643 Patrick Bajari
Han Hong
Minjung Park
Robert Town

Regression Discontinuity Designs with an Endogenous Forcing Variable and an Application to Contracting in Health Care

w17629 Emily Oster
Ira Shoulson
E. Ray Dorsey

Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease

w17628 Matthew Kotchen
Matthew Potoski

Conflicts of Interest Distort Public Evaluations: Evidence from the Top 25 Ballots of NCAA Football Coaches

w17614 Gábor Kézdi
Robert J. Willis

Household Stock Market Beliefs and Learning

w17606 Alex Edmans
Itay Goldstein
John Y. Zhu

Contracting With Synergies

w17602 Ufuk Akcigit
Qingmin Liu

The Role of Information in Competitive Experimentation

w17525 George-Marios Angeletos
Jennifer La'O

Optimal Monetary Policy with Informational Frictions

w17579 Roland Benabou
Jean Tirole

Laws and Norms

w17545 Ernst Fehr
Oliver D. Hart
Christian Zehnder

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

w17511 Yuet-Yee Wong
Randall Wright

Buyers, Sellers and Middlemen: Variations on Search-Theoretic Themes

w17477 Lars Lefgren
Brennan Platt
Joseph Price

Sticking with What (Barely) Worked

w17465 Daniel Gottlieb
Kent Smetters

Grade Non-Disclosure

w17459 Benjamin R. Handel
Adverse Selection and Switching Costs in Health Insurance Markets: When Nudging Hurts

w17436 Matthew Gentzkow
Emir Kamenica

Competition in Persuasion

w17410 Jeffrey R. Kling
Sendhil Mullainathan
Eldar Shafir
Lee Vermeulen
Marian Wrobel

Comparison Friction: Experimental Evidence from Medicare Drug Plans

w17403 Erwann Michel-Kerjan
Paul Raschky
Howard Kunreuther

Corporate Demand for Insurance: An Empirical Analysis of the U.S. Market for Catastrophe and Non-Catastrophe Risks

w17395 Chris Edmond
Information Manipulation, Coordination, and Regime Change

orrc11-10 Liran Einav
Amy Finkelstein
Stephen Ryan
Paul Schrimpf
Mark Cullen

Selection on moral hazard in health insurance

w17345 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian
Katherine L. Milkman

The Effect of Providing Peer Information on Retirement Savings Decisions

w17342 James Andreoni
Charles Sprenger

Uncertainty Equivalents: Testing the Limits of the Independence Axiom

w17301 Andreas Fuster
Benjamin Hebert
David Laibson

Natural Expectations, Macroeconomic Dynamics, and Asset Pricing

w17295 Darrell Duffie
Semyon Malamud
Gustavo Manso

Information Percolation in Segmented Markets

w17287 Jeffrey B. Liebman
Erzo F.P. Luttmer

Would People Behave Differently If They Better Understood Social Security? Evidence From a Field Experiment

w17284 Melvyn G. Coles
Dale T. Mortensen

Equilibrium Wage and Employment Dynamics in a Model of Wage Posting without Commitment

w17280 Darrell Duffie
Yeneng Sun

The Exact Law of Large Numbers for Independent Random Matching

w17270 Kerwin Kofi Charles
Melvin Stephens Jr.

Employment, Wages and Voter Turnout

w17244 Anneke Exterkate
Robin L. Lumsdaine

How Survey Design Affects Inference Regarding Health Perceptions and Outcomes

w17229 George-Marios Angeletos
Luigi Iovino
Jennifer La'O

Cycles, Gaps, and the Social Value of Information

w17191 Francois Gourio
Leena Rudanko

Customer Capital

w17081 John Cawley
Christopher Ruhm

The Economics of Risky Health Behaviors

w17064 Harold L. Cole
Felix Kubler

Recursive Contracts, Lotteries and Weakly Concave Pareto Sets

w17060 George-Marios Angeletos
Jennifer La'O

Decentralization, Communication, and the Origins of Fluctuations

w17035 Casey Rothschild
Florian Scheuer

Optimal Taxation with Rent-Seeking

w17027 Tarek A. Hassan
Thomas M. Mertens

The Social Cost of Near-Rational Investment

w17014 Markus M. Mobius
Muriel Niederle
Paul Niehaus
Tanya S. Rosenblat

Managing Self-Confidence: Theory and Experimental Evidence

w17013 Ashish Arora
Sharon Belenzon
Luis A. Rios

The Organization of R&D in American Corporations: The Determinants and Consequences of Decentralization

w16974 Soren T. Anderson
Ryan Kellogg
James M. Sallee

What Do Consumers Believe About Future Gasoline Prices?

w16969 Liran Einav
Amy Finkelstein
Stephen P. Ryan
Paul Schrimpf
Mark R. Cullen

Selection on Moral Hazard in Health Insurance

w16963 Charles Mason
Andrew Plantinga

Contracting for Impure Public Goods: Carbon Offsets and Additionality

w16955 Daniel Bennett
Chun-Fang Chiang
Anup Malani

Learning During a Crisis: the SARS Epidemic in Taiwan

w16943 Thomas F. Hellmann
Enrico C. Perotti

The Circulation of Ideas in Firms and Markets

w16940 Robert C. Feenstra
Zhiyuan Li
Miaojie Yu

Exports and Credit Constraints Under Incomplete Information: Theory and Evidence from China

w16929 Oliver D. Hart
Noncontractible Investments and Reference Points

w16917 Lex Borghans
Bart H.H. Golsteyn
James J. Heckman
John Eric Humphries

Identification Problems in Personality Psychology

w16911 Xavier Gabaix
A Sparsity-Based Model of Bounded Rationality

w16855 Seth M. Freedman
Ginger Zhe Jin

Learning by Doing with Asymmetric Information: Evidence from Prosper.com

w16854 Roger Bate
Ginger Zhe Jin
Aparna Mathur

Does Price Reveal Poor-Quality Drugs? Evidence from 17 Countries

w16838 Daniel Treisman
The Geography of Fear

w16823 Anna A. Levine Taub
Anton Kolotilin
Robert S. Gibbons
Ernst R. Berndt

The Diversity of Concentrated Prescribing Behavior: An Application to Antipsychotics

w16816 Jess Benhabib
Chetan Dave

Learning, Large Deviations and Rare Events

w16791 Syngjoo Choi
Shachar Kariv
Wieland Müller
Dan Silverman

Who Is (More) Rational?

w16753 Thomas Chaney
The Network Structure of International Trade

w16752 Russell Cooper
Hubert Kempf

Deposit Insurance Without Commitment: Wall St. Versus Main St

w16738 Li Gan
Feng Huang
Adalbert Mayer

A Simple Test of Private Information in the Insurance Markets with Heterogeneous Insurance Demand

w16723 Liran Einav
Amy Finkelstein

Selection in Insurance Markets: Theory and Empirics in Pictures

w16716 Jeffrey LaFrance
Rulon Pope
Jesse Tack

Risk Response in Agriculture

w16696 Pierre-André Chiappori
Krislert Samphantharak
Sam Schulhofer-Wohl
Robert M. Townsend

Heterogeneity and Risk Sharing in Village Economies


2010
w16637 Michael McBride
Gary Richardson

Stopping Suicide Attacks: Optimal Strategies and Unintended Consequences

w16628 Bruno Biais
Johan Hombert
Pierre-Olivier Weill

Trading and Liquidity with Limited Cognition

w16597 William Easterly
Ariell Reshef

African Export Successes: Surprises, Stylized Facts, and Explanations

w16541 Ryan Kellogg
The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling

w16531 Andrew Paciorek
Todd M. Sinai

Does Home Owning Smooth the Variability of Future Housing Consumption?

w16500 Alan L. Gustman
Thomas L. Steinmeier
Nahid Tabatabai

Financial Knowledge and Financial Literacy at the Household Level

w16485 Viral V. Acharya
Peter M. DeMarzo
Ilan Kremer

Endogenous Information Flows and the Clustering of Announcements

w16469 Francis X. Diebold
Georg Strasser

On the Correlation Structure of Microstructure Noise: A Financial Economic Approach

w16464 Michael D. Hurd
Maarten van Rooij
Joachim Winter

Stock Market Expectations of Dutch Households

w16437 Lauren Cohen
Christopher Malloy

Friends in High Places

w16423 Christina Aperjis
Yali Miao
Richard J. Zeckhauser

Variable Temptations and Black Mark Reputations

w16410 Daron Acemoglu
Kostas Bimpikis
Asuman Ozdaglar

Dynamics of Information Exchange in Endogenous Social Networks

w16407 Michael D. Hurd
Susann Rohwedder

Effects of the Financial Crisis and Great Recession on American Households

w16387 Pedro Bordalo
Nicola Gennaioli
Andrei Shleifer

Salience Theory of Choice Under Risk

w16353 Robert S. Pindyck
Fat Tails, Thin Tails, and Climate Change Policy

w16348 James Andreoni
Charles Sprenger

Risk Preferences Are Not Time Preferences: Discounted Expected Utility with a Disproportionate Preference for Certainty

w16347 James Andreoni
Charles Sprenger

Estimating Time Preferences from Convex Budgets

w16343 Sylvain Chassang
Gerard Padro i Miquel
Erik Snowberg

Selective Trials: A Principal-Agent Approach to Randomized Controlled Experiments

w16325 Gary Charness
Peter Kuhn
Marie-Claire Villeval

Competition and the Ratchet Effect

orrc10-12 Liran Einav
Amy Finkelstein
Iuliana Pascu
Mark Cullen
MD

How General Are Risk Preference? Choices under Uncertainty in Different Domains

w16279 C. Kirabo Jackson
Henry S. Schneider

Do Social Connections Reduce Moral Hazard? Evidence from the New York City Taxi Industry

w16240 Jonah E. Rockoff
Douglas O. Staiger
Thomas J. Kane
Eric S. Taylor

Information and Employee Evaluation: Evidence from a Randomized Intervention in Public Schools

w16145 Christopher L. House
Yusufcan Masatlioglu

Managing Markets for Toxic Assets

w16094 Patrick Bolton
Christopher Harris

The Dynamics of Optimal Risk Sharing

w16050 Antony Millner
Simon Dietz
Geoffrey Heal

Ambiguity and Climate Policy

w16041 Alberto Galasso
Timothy S. Simcoe

CEO Overconfidence and Innovation

w16020 Emine Boz
Enrique G. Mendoza

Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis

w16001 Mary Hallward-Driemeier
Gita Khun-Jush
Lant Pritchett

Deals versus Rules: Policy Implementation Uncertainty and Why Firms Hate It

w15975 Julio J. Rotemberg
Persuasion and empathy in salesperson-customer interactions

w15916 Matthew Gentzkow
Jesse M. Shapiro

Ideological Segregation Online and Offline

w15883 George-Marios Angeletos
Guido Lorenzoni
Alessandro Pavan

Beauty Contests and Irrational Exuberance: A Neoclassical Approach

w15833 Allaudeen Hameed
Randall Morck
Jianfeng Shen
Bernard Yeung

Information, analysts, and stock return comovement

w15821 Denis Gromb
Dimitri Vayanos

Limits of Arbitrage: The State of the Theory

w15785 Thomas Philippon
Vasiliki Skreta

Optimal Interventions in Markets with Adverse Selection

w15783 Robert S. Gibbons
Richard T. Holden
Michael L. Powell

Rational-Expectations Equilibrium in Intermediate Good Markets

w15773 N. Gregory Mankiw
Ricardo Reis

Imperfect Information and Aggregate Supply

w15748 Gerard Padró i Miquel
Pierre Yared

The Political Economy of Indirect Control

w15692 Robert S. Pindyck
Modeling the Impact of Warming in Climate Change Economics

w15689 Kristian Bolin
Daniel Hedblom
Anna Lindgren
Bjorn Lindgren

Asymmetric Information and the Demand for Voluntary Health Insurance in Europe

w15686 Liran Einav
Amy Finkelstein
Iuliana Pascu
Mark R. Cullen

How general are risk preferences? Choices under uncertainty in different domains.

w15674 Viral V. Acharya
Douglas Gale
Tanju Yorulmazer

Rollover Risk and Market Freezes

w15668 Isaac Ehrlich
Jong Kook Shin
Yong Yin

Private Information, Human Capital, and Optimal “Home Bias” in Financial Markets

w15659 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Overconfidence and Early-life Experiences: The Impact of Managerial Traits on Corporate Financial Policies

w15644 David Dranove
Ginger Zhe Jin

Quality Disclosure and Certification: Theory and Practice


2009
w15586 Alma Cohen
Peter Siegelman

Testing for Adverse Selection in Insurance Markets

w15581 Daron Acemoglu
Alexander Wolitzky

The Economics of Labor Coercion

w15540 Emir Kamenica
Matthew Gentzkow

Bayesian Persuasion

w15527 Daniel S. Hamermesh
Gerard A. Pfann

Markets for Reputation: Evidence on Quality and Quantity in Academe

w15513 Mikhail Golosov
Guido Lorenzoni
Aleh Tsyvinski

Decentralized Trading with Private Information

w15489 James D. Adams
J. Roger Clemmons

The Role of Search in University Productivity: Inside, Outside, and Interdisciplinary Dimensions

w15479 Ricardo J. Caballero
Alp Simsek

Fire Sales in a Model of Complexity

w15460 Giovanni Maggi
Robert W. Staiger

Breach, Remedies and Dispute Settlement in Trade Agreements

w15414 Ricardo Lagos
Guillaume Rocheteau
Pierre-Olivier Weill

Crises and Liquidity in Over-the-Counter Markets

w15347 Kenneth Kovash
Steven D. Levitt

Professionals Do Not Play Minimax: Evidence from Major League Baseball and the National Football League

w15326 Emily Oster
Ira Shoulson
Kimberly Quaid
E. Ray Dorsey

Genetic Adverse Selection: Evidence from Long-Term Care Insurance and Huntington Disease

w15259 Robert S. Pindyck
Uncertain Outcomes and Climate Change Policy

w15242 Rajkamal Iyer
Asim Ijaz Khwaja
Erzo F.P. Luttmer
Kelly Shue

Screening Peers Softly: Inferring the Quality of Small Borrowers

w15241 Liran Einav
Amy Finkelstein
Jonathan Levin

Beyond Testing: Empirical Models of Insurance Markets

w15237 Glenn Ellison
Alexander Wolitzky

A Search Cost Model of Obfuscation

w15215 Dimitri Vayanos
Jiang Wang

Liquidity and Asset Prices: A Unified Framework

w15183 Seth M. Freedman
Melissa Schettini Kearney
Mara Lederman

Product Recalls, Imperfect Information, and Spillover Effects: Lessons from the Consumer Response to the 2007 Toy Recalls

w15172 Charles F. Manski
WHEN CONSENSUS CHOICE DOMINATES INDIVIDUALISM: Jensen's Inequality and Collective Decisions under Uncertainty

w15100 Haitao Yin
Howard Kunreuther
Matthew White

Risk-Based Pricing and Risk-Reducing Effort: Does the Private Insurance Market Reduce Environmental Accidents?

w15084 Nicola Gennaioli
Andrei Shleifer

What Comes to Mind

w15069 William Easterly
Empirics of Strategic Interdependence: The Case of the Racial Tipping Point

w15051 Randall Morck
Generalized Agency Problems

w15015 Olivier J. Blanchard
Jean-Paul L'Huillier
Guido Lorenzoni

News, Noise, and Fluctuations: An Empirical Exploration

w15003 George-Marios Angeletos
Jennifer La'O

Incomplete Information, Higher-Order Beliefs and Price Inertia

w14997 Ricardo J. Caballero
Alp Simsek

Complexity and Financial Panics

w14982 George-Marios Angeletos
Jennifer La'O

Noisy Business Cycles

w14947 Nicholas C. Barberis
A Model of Casino Gambling

w14922 Robin S. Lee
Michael Schwarz

Interviewing in Two-Sided Matching Markets

w14921 Alexander Frankel
Michael Schwarz

Experts and Their Records

w14915 Veronica Guerrieri
Robert Shimer
Randall Wright

Adverse Selection in Competitive Search Equilibrium

w14898 Veronica Guerrieri
Péter Kondor

Fund Managers, Career Concerns, and Asset Price Volatility

w14885 Peter Arcidiacono
Esteban M. Aucejo
Hanming Fang
Kenneth I. Spenner

Does Affirmative Action Lead to Mismatch? A New Test and Evidence

w14841 Trevon Logan
Manisha Shah

Face Value: Information and Signaling in an Illegal Market

w14844 Christopher Avery
Jonathan D. Levin

Early Admissions at Selective Colleges

w14812 Kyle Bagwell
Self-Enforcing Trade Agreements and Private Information

w14764 Roland Bénabou
Groupthink: Collective Delusions in Organizations and Markets

w14761 Vasiliki Skreta
Laura Veldkamp

Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation

w14754 Miles S. Kimball
Claudia R. Sahm
Matthew D. Shapiro

Risk Preferences in the PSID: Individual Imputations and Family Covariation

w14742 Jonathan Guryan
Melissa Schettini Kearney

Is Lottery Gambling Addictive?

w14713 Lex Borghans
Bart H.H. Golsteyn
James J. Heckman
Huub Meijers

Gender Differences in Risk Aversion and Ambiguity Aversion

w14712 Patrick Bolton
Xavier Freixas
Joel Shapiro

The Credit Ratings Game

w14659 Sumit Agarwal
Paige M. Skiba
Jeremy Tobacman

Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?

w14654 Patrick Bolton
Antoine Faure-Grimaud

Satisficing Contracts

w14638 William D. Nordhaus
The Perils of the Learning Model For Modeling Endogenous Technological Change


2008
w14627 Bruce Blonigen
New Evidence on the Formation of Trade Policy Preferences

w14605 Andrew Caplin
John Leahy

Trading Frictions and House Price Dynamics

w14602 Matthew J. Higgins
Paula E. Stephan
Jerry G. Thursby

Conveying Quality and Value in Emerging Industries: Star Scientists and the Role of Learning in Biotechnology

w14590 Susan Athey
Jonathan Levin
Enrique Seira

Comparing Open and Sealed Bid Auctions: Evidence from Timber Auctions

w14586 Olivier Coibion
Yuriy Gorodnichenko

What Can Survey Forecasts Tell Us About Informational Rigidities?

w14523 Dimitri Vayanos
Paul Woolley

An Institutional Theory of Momentum and Reversal

w14508 Ernesto Dal Bó
Marko Terviö

Self-Esteem, Moral Capital, and Wrongdoing

w14502 Pascal Courty
Gerald R. Marschke

On the Sorting of Physicians across Medical Occupations

w14487 Alessandra Casella
Storable Votes and Agenda Order Control. Theory and Experiments

w14457 Emmanuel Farhi
Josh Lerner
Jean Tirole

Fear of Rejection? Tiered Certification and Transparency

w14414 Liran Einav
Amy Finkelstein
Mark R. Cullen

Estimating Welfare in Insurance Markets Using Variation in Prices

w14409 Hyunhoe Bae
Peter Wilcoxen
David Popp

Information Disclosure Policy: Do States' Data Processing Efforts Help More than the Information Disclosure Itself?

w14408 Daron Acemoglu
Kostas Bimpikis
Asuman Ozdaglar

Experimentation, Patents, and Innovation

w14396 Charles F. Manski
Partial Prescriptions For Decisions With Partial Knowledge

w14382 Jeremy T. Fox
Estimating Matching Games with Transfers

w14359 Lawrence H. Summers
Richard J. Zeckhauser

Policymaking for Posterity

w14353 Christopher F. Chabris
David Laibson
Carrie L. Morris
Jonathon P. Schuldt
Dmitry Taubinsky

Measuring intertemporal preferences using response times

w14350 Hai Fang
Nolan H. Miller
John A. Rizzo
Richard J. Zeckhauser

Demanding Customers: Consumerist Patients and Quality of Care

w14330 Jeffrey Liebman
Richard Zeckhauser

Simple Humans, Complex Insurance, Subtle Subsidies

w14261 Jason M. Lindo
Nicholas J. Sanders
Philip Oreopoulos

Ability, Gender, and Performance Standards: Evidence from Academic Probation

w14229 Joseph R. Blasi
Douglas L. Kruse
Harry M. Markowitz

Risk and Lack of Diversification under Employee Ownership and Shared Capitalism

w14271 Joshua Graff Zivin
Matthew Neidell

Days of Haze: Environmental Information Disclosure and Intertemporal Avoidance Behavior

w14258 Brian C. Murray
Richard G. Newell
William A. Pizer

Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade

w14255 Manuel Amador
Pierre-Olivier Weill

Learning from Prices: Public Communication and Welfare

w14252 Pradeep Chintadunta
Renna Jiang
Ginger Z. Jin

Information, Learning, and Drug Diffusion: the Case of Cox-2 Inhibitors

w14228 Markus K. Brunnermeier
Filippos Papakonstantinou
Jonathan A. Parker

An Economic Model of the Planning Fallacy

w14226 Emmanuel Dechenaux
Jerry Thursby
Marie C. Thursby

Inventor Moral Hazard in University Licensing: The Role of Contracts

w14222 Julio J. Rotemberg
Liquidity Needs in Economies with Interconnected Financial Obligations

w14209 Matthew J. Neidell
Information, Avoidance Behavior, and Health: The Effect of Ozone on Asthma Hospitalizations

w14184 Yuriy Gorodnichenko
Endogenous information, menu costs and inflation persistence

w14181 Stefano Eusepi
Bruce Preston

Expectations, Learning and Business Cycle Fluctuations

w14175 Menzie D. Chinn
Michael J. Moore

Private Information and a Macro Model of Exchange Rates: Evidence from a Novel Data Set

w14159 James B. Rebitzer
Mari Rege
Christopher Shepard

Influence, Information Overload, and Information Technology in Health Care

w14153 M. Kate Bundorf
Jonathan D. Levin
Neale Mahoney

Pricing and Welfare in Health Plan Choice

w14119 Ricardo Lagos
Guillaume Rocheteau
Pierre-Olivier Weill

Crashes and Recoveries in Illiquid Markets

w14107 Dan Bogart
Gary Richardson

Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830

w14070 Andrew Epstein
Jonathan D. Ketcham
Sean Nicholson

Professional Partnerships and Matching in Obstetrics

w14067 Giovanni Maggi
Robert W. Staiger

On the Role and Design of Dispute Settlement Procedures in International Trade Agreements

w14040 Daron Acemoglu
Munther A. Dahleh
Ilan Lobel
Asuman Ozdaglar

Bayesian Learning in Social Networks

w14020 Kam Yu
Measuring the Output and Prices of the Lottery Sector: An Application of Implicit Expected Utility Theory

w14015 George-Marios Angeletos
Private Sunspots and Idiosyncratic Investor Sentiment

w13991 Richard G. Newell
William A. Pizer

Indexed Regulation

w13956 David A. Jaeger
Esteban F. Klor
Sami H. Miaari
M. Daniele Paserman

The Struggle for Palestinian Hearts and Minds: Violence and Public Opinion in the Second Intifada

w13954 B. Douglas Bernheim
On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal

w13935 Keith Finlay
Effect of Employer Access to Criminal History Data on the Labor Market Outcomes of Ex-Offenders and Non-Offenders

w13927 Geoffrey Heal
Climate Economics: A Meta-Review and Some Suggestions

w13907 Roland Bénabou
Ideology

w13904 Stijn Van Nieuwerburgh
Laura Veldkamp

Information Acquisition and Under-Diversification

w13894 Noah Williams
Persistent Private Information

w13827 Hanming Fang
Peter Norman

Toward an Efficiency Rationale for the Public Provision of Private Goods

w13822 Sumit Agarwal
John C. Driscoll
Xavier Gabaix
David Laibson

Learning in the Credit Card Market

w13808 Erzo F.P. Luttmer
Richard J. Zeckhauser

Schedule Selection by Agents: from Price Plans to Tax Tables

w13766 Michael Ostrovsky
Michael Schwarz

Information Disclosure and Unraveling in Matching Markets

w13752 Alma Cohen
Asymmetric Learning in Repeated Contracting: An Empirical Study

w13726 Julia Coronado
Olivia S. Mitchell
Steven A. Sharpe
S. Blake Nesbitt

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values


2007
w13699 Young Han Lee
Ulrike Malmendier

The Bidder's Curse

w13637 Brian Knight
Nathan Schiff

Momentum and Social Learning in Presidential Primaries

w13623 Justine S. Hastings
Jeffrey M. Weinstein

Information, School Choice, and Academic Achievement: Evidence from Two Experiments

w13590 George-Marios Angeletos
Alessandro Pavan

Policy with Dispersed Information

w13584 Thomas Philippon
Yuliy Sannikov

Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk

w13579 Geoffrey Heal
Howard Kunreuther

Social Reinforcement: Cascades, Entrapment and Tipping

w13570 Ulrike Malmendier
Geoffrey Tate
Jonathan Yan

Corporate Financial Policies With Overconfident Managers

w13564 Steven Shavell
Eminent Domain Versus Government Purchase of Land Given Imperpect Information About Owners' Valuation

w13540 Oliver Hart
Hold-up, Asset Ownership, and Reference Points

w13516 Hongbin Cai
Yuyu Chen
Hanming Fang

Observational Learning: Evidence from a Randomized Natural Field Experiment

w13481 Oliver D. Hart
Reference Points and the Theory of the Firm

w13445 Richard G. Frank
Richard J. Zeckhauser

Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices

w13414 Lars E.O. Svensson
Noah M. Williams

Bayesian and Adaptive Optimal Policy under Model Uncertainty

w13401 Bernard Dumas
Alexander Kurshev
Raman Uppal

Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility

w13392 Kerwin Kofi Charles
Erik Hurst
Nikolai Roussanov

Conspicuous Consumption and Race

w13385 Nicholas Bloom
The Impact of Uncertainty Shocks

w13370 Jeremy C. Stein
Conversations Among Competitors

w13366 Stijn Van Nieuwerburgh
Laura Veldkamp

Information Immobility and the Home Bias Puzzle

w13259 Stefano Eusepi
Bruce Preston

Central Bank Communication and Expectations Stabilization

w13228 Liran Einav
Amy Finkelstein
Paul Schrimpf

The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market

w13204 Veronica Guerrieri
Guido Lorenzoni

Liquidity and Trading Dynamics

w13201 Zoran Ivkovich
Scott Weisbenner

Information Diffusion Effects in Individual Investors' Common Stock Purchases Covet Thy Neighbors' Investment Choices

w13191 Sumit Agarwal
John C. Driscoll
Xavier Gabaix
David Laibson

The Age of Reason: Financial Decisions Over the Lifecycle

w13172 Sinan Aral
Erik Brynjolfsson
Marshall Van Alstyne

Information, Technology and Information Worker Productivity: Task Level Evidence

w13163 Rafael Di Tella
Federico Weinschelbaum

Choosing Agents and Monitoring Consumption: A Note on Wealth as a Corruption-Controlling Device

orrc07-16 Liran Einav
Amy Finkelstein
Paul Schrimpf

The Welfare Cost of Asymmetric Information: Evidence from the U.K. Annuity Market

w13140 Meghan R. Busse
Duncan Simester
Florian Zettelmeyer

"The Best Price You'll Ever Get" The 2005 Employee Discount Pricing Promotions in the U.S. Automobile Industry

w13124 Ulrike Malmendier
Devin Shanthikumar

Do Security Analysts Speak in Two Tongues?

w13009 Justine S. Hastings
Jeffrey M. Weinstein

No Child Left Behind: Estimating the Impact on Choices and Student Outcomes

w13005 Hirofumi Uchida
Gregory F.Udell
Wako Watanabe

Bank Size and Lending Relationships in Japan

w12995 Justine S. Hastings
Richard Van Weelden
Jeffrey Weinstein

Preferences, Information, and Parental Choice Behavior in Public School Choice

w12994 Orazio Attanasio
Nicola Pavoni

Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption

w12941 Ginger Zhe Jin
Alex Whalley

The Power of Attention: Do Rankings Affect the Financial Resources of Public Colleges?

w12940 Markus K. Brunnermeier
Christian Gollier
Jonathan A. Parker

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

w12936 Nicholas Barberis
Ming Huang

Stocks as Lotteries: The Implications of Probability Weighting for Security Prices

w12898 Guido Lorenzoni
News Shocks and Optimal Monetary Policy

w12841 Nicholas Bloom
Uncertainty and the Dynamics of R&D

w12827 Alexander Muermann
Howard Kunreuther

Self-Protection and Insurance with Interdependencies


2006
w12778 George-Marios Angeletos
Alessandro Pavan

Socially Optimal Coordination: Characterization and Policy Implications

w12776 A. Mitchell Polinsky
Steven Shavell

Mandatory Versus Voluntary Disclosure of Product Risks

w12752 Robert S. Pindyck
Uncertainty In Environmental Economics

w12709 Kelly Shue
Erzo F. P. Luttmer

Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes

w12706 Oliver Hart
John Moore

Contracts as Reference Points

w12670 Dimitri Vayanos
Pierre-Olivier Weill

A Search-Based Theory of the On-the-Run Phenomenon

w12659 John Beshears
James J. Choi
David Laibson
Brigitte C. Madrian

Simplification and Saving

w12648 Daron Acemoglu
Victor Chernozhukov
Muhamet Yildiz

Learning and Disagreement in an Uncertain World

w12615 Ahmed Khwaja
Dan Silverman
Frank Sloan

Time Preference, Time Discounting, and Smoking Decisions

w12606 Thomas Sargent
Noah Williams
Tao Zha

The Conquest of South American Inflation

w12582 W. Kip Viscusi
Richard J. Zeckhauser

National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion

w12557 Laura Veldkamp
Justin Wolfers

Aggregate Shocks or Aggregate Information? Costly Information and Business Cycle Comovement

w12505 Flavio Cunha
James J. Heckman

A New Framework for the Analysis of Inequality

w12477 Guido Lorenzoni
A Theory of Demand Shocks

w12455 Naomi R. Lamoreaux
Jean-Laurent Rosenthal

Contractual Tradeoffs and SMEs Choice of Organizational Form, A View from U.S. and French History, 1830-2000

w12445 Patrick Bajari
Han Hong
Ahmed Khwaja

Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis

w12441 Bennett T. McCallum
E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models

w12428 Benjamin A. Olken
Corruption Perceptions vs. Corruption Reality

w12419 Stefania Albanesi
Optimal Taxation of Entrepreneurial Capital with Private Information

w12390 Ginger Zhe Jin
Andrew Kato
John A. List

That's News to Me! Information Revelation in Professional Certification Markets

w12383 Nick Bloom
John Van Reenen
Stephen Bond

Uncertainty and Investment Dynamics

w12359 Yingjin Hila Gan
Christopher Mayer

Agency Conflicts, Asset Substitution, and Securitization

w12348 W. Kip Viscusi
Patricia Born

The Catastrophic Effects of Natural Disasters on Insurance Markets

w12289 Hanming Fang
Michael P. Keane
Dan Silverman

Sources of Advantageous Selection: Evidence from the Medigap Insurance Market

w12286 Julie Berry Cullen
Randall Reback

Tinkering Toward Accolades: School Gaming Under a Performance Accountability System

w12281 Geoffrey Heal
Howard Kunreuther

Supermodularity and Tipping

w12263 Ken Hendricks
Alan Sorensen

Information Spillovers in the Market for Recorded Music

w12261 James J. Choi
David Laibson
Brigitte C. Madrian

Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds

w12255 Carolyn Kousky
Erzo F.P. Luttmer
Richard J. Zeckhauser

Private Investment and Government Protection

w12252 Ana Carla A. Costa
Joao M.P. De Mello

Judicial Risk and Credit Market Performance: Micro Evidence from Brazilian Payroll Loans

w12245 E. Han Kim
Adair Morse
Luigi Zingales

Are Elite Universities Losing Their Competitive Edge?

w12239 Louis Kaplow
Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

w12205 Amy Finkelstein
James Poterba
Casey Rothschild

Redistribution by Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities

w12200 Justin Wolfers
Eric Zitzewitz

Interpreting Prediction Market Prices as Probabilities

w12156 Mark Coppejans
Donna Gilleskie
Holger Sieg
Koleman Strumpf

Consumer Demand under Price Uncertainty: Empirical Evidence from the Market for Cigarettes

w12112 Amy Finkelstein
James Poterba

Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market

w12089 Bennett T. McCallum
Edward Nelson

Monetary and Fiscal Theories of the Price Level: The Irreconcilable Differences

w12083 Justin Wolfers
Eric Zitzewitz

Prediction Markets in Theory and Practice

w12067 Raj Chetty
A Bound on Risk Aversion Using Labor Supply Elasticities

w12060 Justin Wolfers
Eric Zitzewitz

Five Open Questions About Prediction Markets

w12053 Andrew Leigh
Justin Wolfers

Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets

w12051 Patrick Bajari
Stephanie Houghton
Steve Tadelis

Bidding for Incomplete Contracts: An Empirical Analysis

w11967 John Kennan
Private Information, Wage Bargaining and Employment Fluctuations

w11942 Marc Giannoni
Robust Optimal Policy in a Forward-Looking Model with Parameter and Shock Uncertainty

w11929 Refet Gurkaynak
Justin Wolfers

Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk

w11922 Pierpaolo Benigno
Anastasios Karantounias

Overconfidence, Subjective Perception and Pricing Behavior

w11914 A. Burak Güner
Ulrike Malmendier
Geoffrey Tate

Financial Expertise of Directors


2005
w11896 Michael Woodford
Robustly Optimal Monetary Policy with Near Rational Expectations

w11892 Marianne Bertrand
Dean Karlin
Sendhil Mullainathan
Eldar Shafir
Jonathan Zinman

What's Psychology Worth? A Field Experiment in the Consumer Credit Market

w11867 Patrick Bolton
Antoine Faure-Grimaud

Thinking Ahead: The Decision Problem

w11848 Charles F. Manski
Search Profiling with Partial Knowledge of Deterrence

w11826 George-Marios Angeletos
Alessandro Pavan

Efficiency and Welfare with Complementarities and Asymmetric Information

w11781 Steven Shavell
Liability for Accidents

w11770 Toshiaki Iizuka
Ginger Zhe Jin

Drug Advertising and Health Habit

w11755 Xavier Gabaix
David Laibson

Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets

w11741 Guenter Franke
Jan Pieter Krahnen

Default Risk Sharing Between Banks and Markets: The Contribution of Collateralized Debt Obligations

t0317 George W. Evans
Seppo Honkapohja
Noah Williams

Generalized Stochastic Gradient Learning

w11689 Robert Shimer
Ivan Werning

Liquidity and Insurance for the Unemployed

w11664 Matthew Gentzkow
Jesse Shapiro

Media Bias and Reputation

w11648 Luigi Guiso
Paola Sapienza
Luigi Zingales

Trusting the Stock Market

w11588 Stephen H. Shore
Todd Sinai

Commitment, Risk, and Consumption: Do Birds of a Feather Have Bigger Nests?

w11579 Bernadette A. Minton
René Stulz
Rohan Williamson

How Much Do Banks Use Credit Derivatives to Reduce Risk?

w11549 Andrew Epstein
Sean Nicholson

The Formation and Evolution of Physician Treatment Styles: An Application to Cesarean Sections

w11537 Lars E.O. Svensson
Social Value of Public Information: Morris and Shin (2002) Is Actually Pro Transparency, Not Con

w11535 Roland Bénabou
Jean Tirole

Incentives and Prosocial Behavior

w11515 Florian Zettelmeyer
Fiona Scott Morton
Jorge Silva-Risso

How the Internet Lowers Prices: Evidence from Matched Survey and Auto Transaction Data

w11485 Wojciech Kopczuk
Joel Slemrod

Denial of Death and Economic Behavior

w11461 Alma Cohen
Liran Einav

Estimating Risk Preferences from Deductible Choice

w11442 Mark Carey
Rene M. Stulz

The Risks of Financial Institutions

w11420 Leemore Dafny
David Dranove

Do Report Cards Tell Consumers Anything They Don't Already Know? The Case of Medicare HMOs

w11313 Jeff Dominitz
Charles F. Manski

Measuring and Interpreting Expectations of Equity Returns

w11287 Jonathan Guryan
Melissa S. Kearney

Lucky Stores, Gambling, and Addiction: Empirical Evidence from State Lottery Sales

w11284 Steven Shavell
Contracts, Holdup, and Legal Intervention

w11227 A. Mitchell Polinsky
Daniel L. Rubinfeld

A Damage-Revelation Rationale for Coupon Remedies

w11208 Roland Benabou
Jean Tirole

Belief in a Just World and Redistributive Politics

w11128 Marie Thursby
Jerry Thursby
Emmanuel Dechenaux

Shirking, Sharing Risk, and Shelving: The Role of University License Contracts

w11053 Steven D. Levitt
Chad Syverson

Market Distortions when Agents are Better Informed: The Value of Information in Real Estate Transactions

w11039 Amy Finkelstein
Kathleen McGarry
Amir Sufi

Dynamic Inefficiencies in Insurance Markets: Evidence from long-term care insurance

w11024 Flavio Cunha
James J. Heckman
Salvador Navarro

Separating Uncertainty from Heterogeneity in Life Cycle Earnings


2004
w11017 George-Marios Angeletos
Christian Hellwig
Alessandro Pavan

Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change

w11015 George-Marios Angeletos
Ivan Werning

Crises and Prices: Information Aggregation, Multiplicity and Volatility

w10970 Raj Chetty
Adam Szeidl

Consumption Commitments: Neoclassical Foundations for Habit Formation

w10943 Xinyu Hua
Kathryn E. Spier

Information and Externalities in Sequential Litigation

w10887 Meghan Busse
Florian Zettelmeyer
Jorge Silva-Risso

$1000 Cash Back: Asymmetric Information in Auto Manufaturer Promotions

w10883 Ricardo Reis
Inattentive Consumers

w10879 Paul Willen
Igal Hendel
Joel Shapiro

Educational Opportunity and Income Inequality

w10867 Christopher Carroll
Theoretical Foundations of Buffer Stock Saving

w10813 Ulrike Malmendier
Geoffrey Tate

Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction

w10763 David H. Autor
David Scarborough

Will Job Testing Harm Minority Workers?

w10759 Isaac Ehrlich
Yong Yin

Explaining Diversities in Age-Specific Life Expectancies and Values of Life Saving: A Numerical Analysis

w10754 Steven Shavell
The Appeals Process and Adjudicator Incentives

w10707 Markus K. Brunnermeier
Jonathan A. Parker

Optimal Expectations

w10706 Geoffrey Heal
Howard Kunreuther

Interdependent Security: A General Model

w10675 Zoran Ivkovich
Clemens Sialm
Scott Weisbenner

Portfolio Concentration and the Performance of Individual Investors

w10664 Josh Lerner
Jean Tirole

A Model of Forum Shopping, with Special Reference to Standard Setting Organizations

w10615 Peter M. DeMarzo
Yuliy Sannikov

A Continuous-Time Agency Model of Optimal Contracting and Capital Structure

w10597 David Backus
Bryan Routledge
Stanley Zin

Exotic Preferences for Macroeconomists

w10594 Dennis W. Carlton
James D. Dana

Product Variety and Demand Uncertainty

w10504 Justin Wolfers
Eric Zitzewitz

Prediction Markets

w10500 Raj Chetty
Optimal Unemployment Insurance When Income Effects are Large

w10436 Zoran Ivkovich
Scott Weisbenner

Information Diffusion Effects in Individual Investors' Common Stock Purchases: Covet Thy Neighbors' Investment Choices

w10397 Oliver Hart
John Moore

Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In

w10391 George-Marios Angeletos
Alessandro Pavan

Transparency of Information and Coordination in Economies with Investment Complementarities

w10386 M. Kate Bundorf
Laurence Baker
Sara Singer
Todd Wagner

Consumer Demand for Health Information on the Internet

w10359 Charles F. Manski
Interpreting the Predictions of Prediction Markets

w10354 Raj Chetty
Interest Rates and Backward-Bending Investment

w10257 Steven Haider
Melvin Stephens Jr.

Is There a Retirement-Consumption Puzzle? Evidence Using Subjective Retirement Expectations

w10227 Ann Dryden Witte
Magaly Queralt

What Happens When Child Care Inspections and Complaints Are Made Available on the Internet?

w10226 Mark Grinblatt
Matti Keloharju
Seppo Ikaheimo

Interpersonal Effects in Consumption: Evidence from the Automobile Purchases of Neighbors

w10211 Raj Chetty
Consumption Commitments, Unemployment Durations, and Local Risk Aversion


2003
w10105 Philip A. Haile
Han Hong
Matthew Shum

Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions

w10104 Roland G. Fryer
Glenn C. Loury

Categorical Redistribution in Winner-Take-All Markets

w10094 Steven Shavell
On the Writing and the Interpretation of Contracts

w10076 Patrick Bajari
Ali Hortacsu

Economic Insights from Internet Auctions: A Survey

w10056 Wouter Dessein
Tano Santos

The Demand for Coordination

w10013 Harrison Hong
Jeremy C. Stein

Simple Forecasts and Paradigm Shifts

w9997 Nicholas Barberis
Ming Huang
Richard Thaler

Individual Preferences, Monetary Gambles and the Equity Premium

w9988 Raj Chetty
A New Method of Estimating Risk Aversion

w9957 Amy Finkelstein
Kathleen McGarry

Private Information and its Effect on Market Equilibrium: New Evidence from Long-Term Care Insurance

w9926 Jeff Dominitz
Charles F. Manski

How Should We Measure Consumer Confidence (Sentiment)? Evidence from the Michigan Survey of Consumers

w9925 Mark V. Pauly
Kate H. Withers
Krupa Subramanian-Viswana
Jean Lemaire
John C. Hershey

Price Elasticity of Demand for Term Life Insurance and Adverse Selection

w9904 David Austen-Smith
Roland G. Fryer

The Economics of 'Acting White'

w9885 Geoffrey Heal
Howard Kunreuther

You Only Die Once: Managing Discrete Interdependent Risks

w9863 Jay Bhattacharya
Dana Goldman
Neeraj Sood

Market Evidence of Misperceived Prices and Mistaken Mortality Risks

w9852 Louis Kaplow
The Value of a Statistical Life and the Coefficient of Relative Risk Aversion

w9798 Jeff Dominitz
Charles F. Manski
Jordan Heinz

"Will Social Security Be There For You?": How Americans Perceive Their Benefits

w9797 Kenneth Leonard
Joshua Graff Zivin

Outcome Versus Service Based Payment in Health Care: Lessons from African Traditional Healers

w9796 N. Gregory Mankiw
Ricardo Reis
Justin Wolfers

Disagreement about Inflation Expectations

w9767 George-Marios Angeletos
Christian Hellwig
Alessandro Pavan

Coordination and Policy Traps

w9711 Harrison Hong
Jeffrey D. Kubik
Jeremy C. Stein

The Neighbor's Portfolio: Word-of-Mouth Effects in the Holdings and Trade of Money Managers

w9699 Steven Shavell
Economic Analysis of the General Structure of the Law

w9698 Steven Shavell
Economic Analysis of Public Law Enforcement and Criminal Law

w9696 Steven Shavell
Economic Analysis of Contract Law

w9694 Steven Shavell
Economic Analysis of Accident Law

w9678 Joshua Graff Zivin
Richard Just
David Zilberman

Risk Aversion, Liability Rules, and Safety

w9579 Roland G. Fryer
Jr.
Matthew O. Jackson

Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making

w9508 Melvin Stephens
Jr.

Job Loss Expectations, Realizations, and Household Consumption Behavior

w9483 Steven Shavell
Economic Analysis of Accident Law

w9474 Lance Lochner
Individual Perceptions of the Criminal Justice System


2002
w9388 Eduardo Jallath-Coria
Tridas Mukhopadhyay
Amir Yaron

How Well Do Banks Manage Their Reserves?

w9328 Robert C. Feenstra
Gordon H. Hanson
Songhua Lin

The Value of Information in International Trade: Gains to Outsourcing through Hong Kong

w9299 Mark V. Pauly
Bradley Herring
David Song

Health Insurance on the Internet and the Economics of Search

w9283 Roberton Williams
Prices vs. Quantities vs. Tradable Quantities

w9260 R. Gaston Gelos
Shang-Jin Wei

Transparency and International Investor Behavior

w9173 Jonathan Katz Nelson
Richard J. Zeckhauser

A Renaissance Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine Churches

w9073 Mark Coppejans
Holger Sieg

Price Uncertainty, Tax Policy, and Addiction: Evidence and Implications

w9050 Neil Doherty
Kent Smetters

Moral Hazard in Reinsurance Markets

w9035 Amy Finkelstein
When Can Partial Public Insurance Produce Pareto Improvements?

w8979 D. Lee Heavner
Lance Lochner

Social Networks and the Aggregation on Individual Decisions

w8885 Esther Duflo
Emmanuel Saez

The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment

w8718 Jeff Dominitz
Charles F. Manski
Jordan Heinz

Social Security Expectations and Retirement Savings Decisions


2001
w8673 Michael Woodford
Imperfect Common Knowledge and the Effects of Monetary Policy

w8669 Hans-Werner Sinn
Risk Taking, Limited Liability and the Competition of Bank Regulators

w8626 Mireia Jofre-Bonet
Martin Pesendorfer

Estimation of a Dynamic Auction Game

w8589 Michael Chernew
Gautam Gowrisankaran
Dennis P. Scanlon

Learning and the Value of Information: Evidence From Health Plan Report Cards

w8548 Alan T. Sorensen
An Empirical Model of Heterogeneous Consumer Search for Retail Prescription Drugs

w8445 Canice J. Prendergast
Consumers and Agency Problems

w8376 Luis Garicano
Ignacio Palacios
Canice Prendergast

Favoritism Under Social Pressure

w8291 H. Naci Mocan
Can Consumers Detect Lemons? Information Asymmetry in the Market for Child Care

w8233 Christopher D. Carroll
Precautionary Saving and the Marginal Propensity to Consume out of Permanent Income

w8088 Gordon H. Hanson
Robert C. Feenstra

Intermediaries in Entrepot Trade: Hong Kong Re-Exports of Chinese Goods


2000
w8045 Amy Finkelstein
James Poterba

Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market

w8030 Christopher L. House
John V. Leahy

An sS Model with Adverse Selection

t0263 Charles F. Manski
Using Studies of Treatment Response to Inform Treatment Choice in Heterogeneous Populations

w7976 Christian Keuschnigg
Soren Bo Nielsen

Tax Policy, Venture Capital, and Entrepreneurship

w7839 Christopher D. Carroll
'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?

w7812 Jeffrey R. Brown
Olivia S. Mitchell
James M. Poterba

Mortality Risk, Inflation Risk, and Annuity Products

w7781 Jonathan Gruber
Risky Behavior Among Youths: An Economic Analysis

w7736 Assaf Razin
Efraim Sadka
Chi-Wa Yuen

Do Debt Flows Crowd Out Equity Flows Or the Other Way Round?

w7735 Esther Duflo
Emmanuel Saez

Participation and Investment Decisions in a Retirement Plan: The Influence of Colleagues' Choices

w7699 Jonathan Lewellen
Jay Shanken

Estimation Risk, Market Efficiency, and the Predictability of Returns

w7637 David H. Autor
Why Do Temporary Help Firms Provide Free General Skills Training?


1999
t0244 Allan Drazen
Plutarchos Sakellaris

News About News: Information Arrival and Irreversible Investment

w7185 Susan Athey
Jonathan Levin

Information and Competition in U.S. Forest Service Timber Auctions

w7166 Jens Ludwig
Philip J. Cook

The Benefits of Reducing Gun Violence: Evidence from Contingent-Valuation Survey Data

w7020 Steven Huddart
Ravi Jagannathan
Jane Saly

Valuing the Reload Features of Executive Stock Options

w6986 Dobrin R. Kolev
Thomas J. Prusa

Dumping and Double Crossing: The (In)Effectiveness of Cost-Based Trade Policy Under Incomplete Information

w6875 Bengt Holmstrom
Managerial Incentive Problems: A Dynamic Perspective


1998
w6832 Marianne Bertrand
Erzo F.P. Luttmer
Sendhil Mullainathan

Network Effects and Welfare Cultures

w6830 Marianne Bertrand
Sendhil Mullainathan

Executive Compensation and Incentives: The Impact of Takeover Legislation

w6715 Eli Berman
Sect, Subsidy, and Sacrifice: An Economist's View of Ultra-Orthodox Jews

w6689 Eduardo M.R.A. Engel
Ronald D. Fischer
Alexander Galetovic

Least-Present-Value-of-Revenue Auctions and Highway Franchising

w6686 Daron Acemoglu
Robert Shimer

Efficient Unemployment Insurance

w6577 Igal Hendel
Alessandro Lizzeri

The Role of Leasing under Adverse Selection

w6568 Christopher D. Carroll
Byung-Kun Rhee
Changyong Rhee

Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants

t0231 Bernard Dumas
Raman Uppal
Tan Wang

Efficient Intertemporal Allocations with Recursive Utility

w6355 Paul Beaudry
Charles Blackorby

Taxes and Employment Subsidies in Optimal Redistribution Programs


1997
w6279 Joseph G. Altonji
Charles R. Pierret

Employer Learning and Statistical Discrimination

w6194 Igal Hendel
Alessandro Lizzeri

Adverse Selection in Durable Goods Markets

t0199 Robert Gibbons
An Introduction to Applicable Game Theory

w6090 Dobrin R. Kolev
Thomas J. Prusa

Tariff Policy for a Monopolist Under Incomplete Information

w6081 Christopher D. Carroll
Wendy E. Dunn

Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets

w5971 Avinash Dixit
Robert S. Pindyck
Sigbjorn Sodal

A Markup Interpretation of Optimal Rules for Irreversible Investment


1996
w5765 Canice Prendergast
Lars A. Stole

Non-Monetary Exchange Within Firms and Industry

w5692 Christina D. Romer
David H. Romer

Federal Reserve Private Information and the Behavior of Interest Rates

w5669 John Cawley
Tomas Philipson

An Empirical Examination of Information Barriers to Trade in Insurance

w5605 Daron Acemoglu
Jorn-Steffen Pischke

Why Do Firms Train? Theory and Evidence


1995
w5284 Owen Lamont
Macroeconomics Forecasts and Microeconomic Forecasters

w5213 Robert B. Barsky
Miles S. Kimball
F. Thomas Juster
Matthew D. Shapiro

Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey

w5071 Michel Glower
Donald R. Haurin
Patric H. Hendershott

Selling Price and Selling Time: The Impact of Seller Motivation

w5007 Aaron S. Edlin
Stefan Reichelstein

Holdups, Standard Breach Remedies, and Optimal Investment


1994
w4796 Roger H. Gordon
A. Lans Bovenberg

Why is Capital so Immobile Internationally?: Possible Explanations and Implications for Capital Income Taxation

w4700 Paul Gertler
Roland Sturm
Bruce Davidson

Information and the Demand for Supplemental Medicare Insurance

w4652 Karla Hoff
Andrew B. Lyon

Non-Leaky Buckets: Optimal Redistributive Taxation and Agency Costs


1993
w4605 Kenneth Hendricks
Robert H. Porter

Determinants of the Timing and Incidence of Exploratory Drilling on Offshort Wildcat Tracts

w4290 Louis Kaplow
Optimal Insurance Contracts When Establishing The Amount of Losses is Costly


1992
w4185 Robert H. Porter
The Role of Information in U.S. Offshore Oil and Gas Lease Auctions

w3958 Louis Kaplow
A Model of the Optimal Complexity of Rules


1991
w3868 Louis Kaplow
Steven Shavell

Private Versus Socially Optimal Provision of Ex Ante Legal Advice

w3798 Francois Degeorge
Richard Zeckhauser

Information Handling and Firm Performance: Evidence from Reverse LBOs

w3769 Charles T. Clotfelter
Philip J. Cook

The "Gambler's Fallacy" in Lottery Play

w3766 Philip J. Cook
Charles T. Clotfelter

The Peculiar Scale Economies of Lotto

w3714 Joseph G. Altonji
The Demand for and Return to Education When Education Outcomes are Uncertain


Generated Fri Aug 29 00:00:15 2014

 
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