Results 91 to 100 of about 1,223 (219)

The effects of salary history bans on wages, hiring, and wage gaps

Economic Inquiry, EarlyView.
Abstract This paper provides a theoretical analysis of salary history bans, which prohibit firms from inquiring about applicants' prior wages. When salary histories are banned, firms cannot tailor their wage offers to the applicants' prior wages and thus offer the same wage to each group of workers.
Marc Gürtler, Oliver Gürtler
wiley   +1 more source

Ethnic Groups' Access to State Power and Group Size

Economics &Politics, EarlyView.
ABSTRACT Ethnic‐based political inequality is widespread, yet its underlying drivers remain poorly understood. This paper shows that an ethnic group's relative size is a key correlate of its access to central executive power. Using data on 575 groups across 181 countries from 1946 to 2021, and restricting attention to non‐dominant groups, I document a ...
Hector Galindo‐Silva
wiley   +1 more source

Auctions and Posted Prices in Directed Search Equilibrium

We compare equilibrium allocations in directed search models where prices are determined alternatively by posting and by competing auctions, with the following results. With finite numbers of players, sellers' expected payoffs are higher when all sellers
King Ian Paul, Julien Benoit, Kennes John   +2 more
core  

Do Resource‐Constrained Small Private Firms Support Incumbent or Nonincumbent Factions? Evidence From Chinese Township and Village Enterprises

Economics &Politics, EarlyView.
ABSTRACT Research on corporate political strategy emphasizes firm—government engagement but largely treats governments as unitary and political alignment as stable. Drawing on stakeholder theory and the behavioral theory of the firm (BTOF), this study challenges these assumptions by examining how resource‐constrained small private firms navigate ...
Lee Li, Gongming Qian
wiley   +1 more source

Speed Bump and Stock Market Quality: Evidence From NYSE American

Financial Management, EarlyView.
ABSTRACT Should trading speed of high‐frequency traders be regulated? Using the data from the New York Stock Exchange American, this paper examines the impact of a speed bump on market liquidity and price discovery. Our results indicate that the use of a speed bump can lower the costs of adverse selection through reducing informed trading.
Bo Liu, Ke Xu
wiley   +1 more source

Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline

International Economic Review, EarlyView.
ABSTRACT Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically infeasible in field studies. We use a lab‐in‐the‐field experiment with 645 microcredit borrowers to cleanly identify the effect of repayment ...
Kristina Czura, Anett John, Lisa Spantig
wiley   +1 more source

Pairwise Imitation and Tournament Graphs

International Economic Review, EarlyView.
ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang, Philip R. Neary, Jonathan Newton, Ryoji Sawa   +3 more
wiley   +1 more source

Signaling Vision: Knowing When to Quit

International Economic Review, EarlyView.
ABSTRACT We study a signaling game where agents signal their type by choosing when to quit pursuing an uncertain project. High types observe news about project quality and quit when bad news arrives. Low types who do not observe any news may mimic high types by quitting continuously over a phase of time.
Junichiro Ishida, Wing Suen
wiley   +1 more source

Pattern Formation in Agent-Based and PDE Models for Evolutionary Games with Payoff-Driven Motion. [PDF]

Bull Math Biol
Yao T, Xu C, Cooney DB.
europepmc   +1 more source

Pragmatic Languages with Universal Grammars [PDF]

This paper shows the existence of an equilibrium pragmatic Language with a universal grammar as a coordination device under communication misunderstandings.
Penelope Hernandez, Amparo Urbano Salvador, Jose E. Vila   +2 more
core