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Featured Publications

Cooperation in polygynous households Cooperation in polygynous households

In this publication in the American Economic Journal: Applied Economics, Abigail Barr and co-authors show that, compared to monogamous husbands and wives, polygynous husbands and wives are less cooperative, one with another, and that this difference cannot be attributed to less cooperative people selecting into polygyny.
 

Occupational choice with endogenous spilloversOccupational choice with endogenous spillovers

In this publication in the Economic Journal, Facundo Albornoz, Antonio Cabrales and Esther Hauk study a model that integrates productive and socializing efforts with occupational choice, and endogenous spillovers. The researchers show that more talented individuals work harder and contribute more to externalities, but also have incentives to segregate.
 

R&D outsourcing The role of international and domestic R&D outsourcing for firm innovation

In this publication in the Journal of Economic Behaviour and Organization, María García-Vega and Elena Huergo empirically investigate whether R&D outsourcing increases innovation, distinguishing between national and international R&D outsourcing and firms’ exporting status.
 

Multi-product firms and product qualityMulti-product firms and product quality

In this publication in the Journal of International Economics, Kalina Manova and Zhihong Yu present a theory on the behaviour of multi-product firms when cost and quality competitiveness jointly determine export performance. Using Chinese data, they find that firms’ production and sales activity across products and markets is governed by a product hierarchy based on quality. This phenomenon also determines how firms respond to economic shocks.
 

Testing for randomness Testing for randomness in a Random Coefficient AutoRegression model

In this publication in the Journal of Econometrics, Lajos Horvath and Lorenzo Trapani develop a testing procedure to check whether an AutoRegressive process has a random or non-random coefficient.
 

Coercive trade policy Coercive trade policy

In this publication in the American Economic Journal: Microeconomics, Vincent Anesi and Giovanni Facchini provide a theoretical rationale for empirical evidence suggesting that trade coercion exercised unilaterally is significantly less likely to induce concessions than coercion exercised through an international organization, and for how “weak” international institutions might be effective, even if their rulings cannot be directly enforced.
 

Teaching by example Teaching by example and induced beliefs in a model of cultural transmission

In this publication in the Journal of Economic Behaviour and Organization, Fabrizio Adriani, Jesse A. Matheson and Silvia Sonderegger build a model of cultural transmission where children learn about the world from parental behaviour.
 

Coalition-proof full efficient implementation Coalition-proof full efficient implementation

In this publication in the Journal of Economic Theory, Mikhail Safronov designs a method of achieving the socially efficient outcome, that is robust to misbehavior by groups of agents.
 

How do individuals repay their debt? How do individuals repay their debt? The balance-matching heuristic

In this publication in the American Economic Review, John Gathergood, Jörg Weber and co-authors study how individuals repay their debt using linked data on multiple credit cards. Rather than allocating repayments to the higher interest rate card, repayments are consistent with a balance-matching heuristic under which the share of repayments on each card is matched to the share of balances on each card.
 

On the social appropriateness of discrimination On the social appropriateness of discrimination

In this publication in the Journal of Public Economics, Abigail Barr, Tom Lane and Daniele Nosenzo show discrimination is predicted by social norms - people are more willing to discriminate against outsiders when doing so is perceived to be more socially appropriate.
 

Multinationals and the Globalization of R&D Multinationals and the globalization of R&D

In this publication in the International Journal of Industrial Organization, María García-Vega, Patricia Hofmann and Richard Kneller consider theoretically and empirically how the location and organization of knowledge production evolve within domestic firms during the period of their acquisition by foreign multinationals.
 

Information Communication Technologies and Firm Performance Broadband infrastructure, ICT use and firm performance: evidence for UK firms

In this publication in the Journal of Economic Behavior and Organization, Tim De Stefano, Richard Kneller and Jonathan Timmis explore the effects of communication-ICT on the performance of firms in the UK.
 

Reputational Concerns in Repeated Rent-Seeking Contests Semi-targeted all-pay auctions: a partial exclusion principle

In this publication in the International Journal of Industrial Organization, Matthias Dahm studies the effects of a specific affirmative action policy in complete information all-pay auctions when players differ in ability and shows that even a designer who is not interested in affirmative action per se might decide to establish it to strengthen competition.
 

The Enforcement of Mandatory Disclosure Rules The enforcement of mandatory disclosure rules

In this publication in the Journal of Public Economics, Matthias Dahm, Paula González and Nicolás Porteiro show that optimal monitoring of selectively reported information might enforce disclosure rules imperfectly, because it is determined by a trade-off between the reduction in selective reporting and the incentives to invest in information. This implies, for example, that the optimal fine might not be the largest possible fine.
 

Leaders as Role Models for the Voluntary Provision of Public Goods Leaders as role models and 'belief managers' in social dilemmas

In this publication in the Journal of Economic Behavior and Organization, Simon Gächter and Elke Renner experimentally examine how a leader's action influences their followers' beliefs about the behaviour of others and their actual and pro-social behaviour.
 

Existence and Indeterminacy of Markovian Equilibria in Dynamic Bargaining Games Existence and indeterminacy of Markovian equilibria in dynamic bargaining games

In this publication in Theoretical Economics, Vincent Anesi and John Duggan show that dynamic bargaining games are characterized by a continuum of stationary Markov perfect equilibria, when the set of alternatives is multidimensional and players are patient.
 

Complicity without Connection or Communication Complicity without connection or communication

In this publication in the Journal of Economic Behavior and Organization, Abigail Barr and Georgia Michailidou designed and conducted a novel laboratory experiment to identify the potential accomplice effect, i.e., to investigate whether people are more willing to lie when in doing so, they are aiming to coordinate with another who faces the same incentives and moral dilemma even when that other is a stranger.
 

Entry or Exit? The Effect of Voluntary Participation on Cooperation The effect of voluntary participation on cooperation

In this publication in the Journal of Economic Behavior and Organization, Daniele Nosenzo and Fabio Tufano show that voluntary participation promotes cooperation because the threat of quitting partnerships disciplines free-riding.
 

The role of information searchThe role of information search and its influence on risk preferences

Orestis Kopsacheilis, CeDEx PhD candidate, has published, in Theory and Decision, his work on the role of information search and its influence on risk preferences. The paper sheds some new light on how people search for risk-information and how this search influences their ensuing decisions, particularly in the presence of rare events.

 

Semi-autonomous revenue authoritiesSemi-autonomous revenue authorities in sub-Saharan Africa: silver bullet or white elephant?

Roel Dom published one of the chapters of his PhD thesis at our school in the Journal of Development Studies. He studies whether the shift to semi-autonomous revenue administrations has increased revenue collection in sub-Saharan Africa.

 

Testing for parameter instabilityTesting for parameter instability in predictive regression models

In this publication in the Journal of Econometrics, David Harvey, Steven Leybourne and co-authors study tests for structural change in the slope and/or intercept parameters of a predictive regression model where the predictors display strong persistence and provide an empirical application to U.S. stock returns data demonstrating the practical usefulness of these methods.

 

Efficiency versus Equality in Bargaining Efficiency versus equality in bargaining

In this paper for the Journal of the European Economic Association, Fabio Galeotti, Maria Montero and Anders Poulsen use a laboratory experiment to investigate bargaining situations with equality-efficiency tradeoffs.

 

 

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