We study the problem of distributing subsidies in a market that includes both marginal individuals in need of assistance and infra-marginal individuals who would purchase the subsidized product without…
We study mechanism design with flexible but costly information acquisition. There is a principal and four or more agents, sharing a common prior over a set of payoff-relevant states. The principal proposes a…
We study how framing interplays with information design. Whereas Sender conceives all contingencies separately, Receiver cannot initially distinguish among some of them, i.e., has a coarse frame. To influence…
We examine a setting of independent private value auctions where bidders can covertly acquire gradual information about their valuations. We demonstrate that a dynamic pivot mechanism implements the rst-best…
We assess the impact of discrimination on Black individuals' job networks across the U.S. using a two-stage eld experiment with 400+ fictitious LinkedIn pro les. In the first stage, we vary race via…
Though the use of tracking policies to stratify students is commonplace, evidence concerning the effects of ability-based tracking on student performance is mixed. Using rich data from the Hungarian secondary…
Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability (JL) to individual liability (IL) lending models. This article tests a theory…
