Solomonic Separation: Risk Decisions as Productivity Indicators
A principal provides budgets to agents (e.g., divisions of a firm or the principal’s children) whose expenditures provide her benefits, either materially or because of altruism.
A principal provides budgets to agents (e.g., divisions of a firm or the principal’s children) whose expenditures provide her benefits, either materially or because of altruism.
This paper studies decision making by successful entrepreneurs and their agents.
Financial, managerial, and medical decisions often involve alternatives whose possible outcomes have uncertain probabilities.
We examine whether, and how, listing strategies impact sale prices in residential home sales.
Public opinion researchers, campaigns, and political scientists often rely on self-predicted vote to measure political engagement, allocate resources, and forecast turnout.
In discussing a management topic, scholars, educators, practitioners, and the media often toss out the name of a theorist (Taylor, Simon, Weber) or make a sideways reference to a particular theory (bu
Differences in ethical behavior between members of the upper and lower classes have been at the center of civic debates in recent years.
Policy makers, academics, and media reports suggest that women could shrink the gender pay gap by negotiating more effectively for higher compensation.
Get smart & reliable public policy insights right in your inbox.