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Dynamic Mechanism Design: An Introduction
Journal of Economic Literature, 2019 We provide an introduction to the recent developments of dynamic mechanism design, with a primary focus on the quasilinear case. First, we describe socially optimal (or efficient) dynamic mechanisms.
D. Bergemann, Juuso Välimäki
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Superstition, Risk Aversion, and Audit Quality: Evidence from China
AuditingWe examine whether signing auditors’ perceptions of bad luck related to the Chinese zodiac-year superstition affect audit quality. We argue that these perceptions of bad luck heighten signing auditors’ sense of risk and lead them to act more cautiously
Huan Dou +3 more
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Business Research QuarterlyMany firms may successfully navigate an organizational crisis, but may find themselves entangled in another soon after. Building on a resource-dependence perspective, this study evaluates how certain investor characteristics foster organizational ...
Elena Mellado-Garcia +2 more
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How Large Is the Pay Premium from Executive Incentive Compensation?
Accounting ReviewWe estimate the pay premium associated with CEO incentive compensation. Using explicit detailed U.S. CEO compensation contract data and simulation analysis, we find that CEOs with riskier pay packages receive a premium for pay at risk that represents ...
Ana Albuquerque +3 more
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American Economic Journal: MicroeconomicsCase studies of cartels and recent theory suggest that communication is a key factor for cooperation under imperfect monitoring, where actions can only be observed with noise.
Fabian Dvorak, Sebastian Fehrler
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Is Tiger Woods Loss Averse? Persistent Bias in the Face of Experience, Competition, and High Stakes
, 2011 Devin G. Pope, Maurice E. Schweitzer
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Risk aversion relates to cognitive ability: Preferences or Noise?
, 2016 O. Andersson +3 more
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The Nature of Risk Preferences: Evidence from Insurance Choices∗
, 2010 Levon Barseghyan +3 more
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The A.I. Dilemma: Growth Versus Existential Risk
Social Science Research Network, 2023Advances in artificial intelligence (AI) are a double-edged sword. On the one hand, they may increase economic growth as AI augments our ability to innovate.
Charles I. Jones
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