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Can society function without ethical agents? : an informational perspective

Strulovici, Bruno - 2020

Many facts are learned through the intermediation of individuals with special access to information, such as law enforcement officers, officials with a security clearance, or experts with specific knowledge. This paper considers whether societies can learn about such facts when information is...

Persistent link: https://www.econbiz.de/10012169405

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Can society function without ethical agents? An informational perspective

Strulovici, Bruno - 2020

Book / Working Paper

Industry structure, segmentation and competition in the U.S. hotel industry

Butters, R. Andrew; Hubbard, Thomas N. - 2020

Persistent link: https://www.econbiz.de/10014326344

Industry structure, segmentation and competition in the U.S. hotel industry

Butters, R. Andrew; Hubbard, Thomas N. - 2020

This paper investigates how increases in concentration can be interrupted or reversed by changes in how firms compete on quality. We examine the U.S. hotel industry during the past half century. We document that starting in the early 1980s, quality competition came more in the form of costs that...

Persistent link: https://www.econbiz.de/10012201256

Reputation building with endogenous speed of learning

Pei, Harry - 2019

I study reputation models in which information about the long-run player's past behavior is dispersed among short-run players. I identify two challenges to reputation building when such information is aggregated via the short-run players' actions. First, when the long-run player's action can...

Persistent link: https://www.econbiz.de/10012169393

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Reputation building with endogenous speed of learning

Pei, Harry - 2019

Book / Working Paper

Spiraling or self-correcting discrimination: A multi-armed bandit approach

Bardhi, Arjada; Guo, Yingni; Strulovici, Bruno - 2019

Persistent link: https://www.econbiz.de/10014326345

Spiraling or self-correcting discrimination : a multi-armed bandit approach

Bardhi, Arjada; Guo, Yingni; Strulovici, Bruno - 2019

Can workers from social groups of comparable productivities obtain comparable employment opportunities in the long run? We model dynamic hiring and employer learning via a general Poisson multi-armed bandit framework. Breakdown environments that reveal on-the-job mistakes rather than successes...

Persistent link: https://www.econbiz.de/10013168156