Current Research

1. A study examining alternative decision rules within organizations. Download working paper version here:  "Decision Processes, Agency Problems, and Information:  An Economic Analysis of Budget Procedures" (with John Matsusaka).  

2.  A study of synergistic mergers in an agency context.  Download working paper version here:  " Synergistic Mergers in an Agency Context:  An Example Illustrating the Interaction of the Observability Problem and Synergistic Merger" (with T. Campbell).

3.  A study of the use of team tournaments to solve the free rider problem in organizations.  Download working paper version here:  "Internal Competition for Corporate Resources and Incentives in Teams" (with J. Zabojnik).  

4.  A study of antitrust policy concerning mergers and the effects of entry and entry deterrence on the effectiveness of this policy. Download working paper version here:  "Merger, Ease of Entry and Entry Deterrence in a Dynamic Model" (with J. Zabojnik). 

 

5.  A study of the demand for talented managers with variation in the  degree of discretion allowed by the principal.  Download working paper version here:   "Delegation versus an Approval Process and the Demand for Talent".

 

6.  A study of the use of non-cash compensation in a corporate setting.  Download working paper version here: "Optimal Pricing of Employee Discounts and Benefits:  A Rent Extraction View" (with J. Zabojnik).

 

7.  A study of the appeal process used to obtain variances from regulatory standards.  Download working paper version here "Exceptions to the Rules:  Variances from Regulatory Standards" .

8.  A comparison of delegation and the veto rule in organizational decision making.  Download working paper version here.  "Does Delegation Always Dominate Veto in Organizational Games of Strategic Communication?"

 

9.  A study of work related perks and the optimal incentive contract in a corporate setting. Download working paper version here.  "Work Related Perks, Agency Problems and Optimal Incentive Contracts" (with J. Zabojnik).

 

10.  A study of the role of disobedience in the assignment of decision rights in an organization.  Download working paper version here. "Disobedience and Authority" (with J. Matsusaka and J. Zabojnik).

11.  A comparison of sequential versus simultaneous costly communication within an organization.  Download here. "Simultaneous versus Sequential Modes of Communication."

12.  An analysis of the issue of disclosure of status information in an agency setting. Download working paper version here. "Disclosure of Status in an Agency Setting" (with Oguzhan Ozbas) .

         

13.  A study of the welfare effects of the disclosure of different types of information in the context of an agency problem. Download working paper version here. "Transparency"