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Why do we observe overbidding in first price private value auctions? This paper aims to answer this question, which has been extensively studied in the literature, from a nonstandard point of view...
It is well known that non-random attrition can lead to bias in estimating treatmenteffects from a social experiment that is based on random assignment. If the randomized intervention suffers from non-...
T has steadily increased since the early 1980s, from 4.5 percent in 1982 to 5.6 percent in 1994, with this then rapidly accelerating to 10.1 percent by he share of U.S. healthcare spending accounted f...
In the voluminous academic literature and public policy discourse on how health the voluminous academic literature and public policy discourse on how health insurance affects medical spending, the f...
The welfare impact of expanding access to bank accounts depends on whether accounts crowd out pre-existing financial relationships, or whether private gains from accounts are shared within socia...
A rising share of employees now regularly engage in working from home (WFH), but there are concerns this can lead to “shirking from home.”We report the results of a WFH experiment at Ctrip, a 16,000-e...
This paper examines the migration response to a millionaire tax in New Jersey, which raised its income tax rate on top earners by 2.6 percentage points to 8.97 percent, one of the highest tax rate...
Social cooperation is critical to a wide variety of political and economic outcomes. For this reason, international donors have embraced interventions designed to strengthen the ability of communities...
High ability individuals can be constrained from commensurate employment opportunities due to their geographic location. In the face of physical, informational and social barriers to migration, firms ...
In the patenting literature, economists and legal scholars have focused on the question of improving the quality of prior art available to patent examiners and mitigating the filing and granting of pa...
While remittance flows to developing countries are very large, it is unknown whether migrants desire more control over how remittances are used. This research uses a randomized field experiment to inv...
On March 29, 2010, the U.S. Supreme Court signaled its intention to geographically limit the reach of the U.S. securities antifraud regime and thus differentially exclude U.S.-listed foreign firms fro...
We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous varia...
A well-recognized problem in the multitasking literature is that workers might substantially reduce their effort on tasks that produce unobservable outputs as they seek the salient rewards to observab...
People respond to those who ask. Within the charitable fundraising community, the power of the ask represents the backbone of most fundraising strategies. Despite this, the optimal design of communica...

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