Results 41 to 48 of about 72,464 (48)
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Can Financial Incentives to Firms Improve Apprenticeship Training? Experimental Evidence from Ghana

American Economic Review: Insights
We use a field experiment to test whether financial incentives can improve the quality of apprenticeship training. Trainers (firm owners) in the treatment group participated in a tournament incentive scheme where they received a payment based on their ...
Gabriel Brown   +4 more
semanticscholar   +1 more source

Social Connectedness and Information Markets

American Economic Journal: Microeconomics
This paper investigates information quality in a simple model of socially connected information markets. Suppliers’ payoffs derive from the fraction of consumers who see their stories.
R. Kranton, David McAdams
semanticscholar   +1 more source

Repeated Trading: Transparency and Market Structure

Social Science Research Network
We analyze the effect of transparency of past trading volumes in markets where an informed long-lived seller can repeatedly trade with short-lived uninformed buyers. Transparency allows buyers to observe previously sold quantities.
Ayça Kaya, Santanu Roy
semanticscholar   +1 more source

Price and Choose

American Economic Journal: Microeconomics
We describe a sequential mechanism that fully implements the set of efficient outcomes in environments with quasi-linear utilities. The mechanism asks agents to take turns in defining prices for each outcome, with a final player choosing an outcome for ...
Federico Echenique, Matías Núñez
semanticscholar   +1 more source

Information Frictions and Skill Signaling in the Youth Labor Market

American Economic Journal: Economic Policy
This paper provides evidence that information frictions limit the labor market trajectories of US youth. We provide credible skill signals—recommendation letters based on supervisor feedback—to a random subset of 43,409 participants in New York’s summer ...
Sara B Heller, Judd B. Kessler
semanticscholar   +1 more source

Opportunity Unraveled: Private Information and the Missing Markets for Financing Human Capital

The American Economic Review
We examine whether adverse selection has unraveled private markets for equity and state-contingent debt contracts for financing higher education. Using survey data on beliefs, we show a typical college-goer would have to repay $1.64 in present value for ...
Daniel Herbst, Nathaniel Hendren
semanticscholar   +1 more source

Buying from a Group

The American Economic Review
A buyer procures a good owned by a group of sellers whose heterogeneous cost of trade is private information. The buyer must either buy the whole good or nothing, and sellers share the transfer in proportion to their share of the good.
Nima Haghpanah   +2 more
semanticscholar   +1 more source

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