Drawing on interviews with decision makers in multinational corporations (MNCs) in South Korea, we examine the role of informal networks in the social exclusion of women in the workforce. Although legislation in the country is in favor of gender equality, we found that informal barriers in the...

This paper studies gender and racial disparities in altruism among social network members who are endogenously linked. We specify group-specific (gender or race) altruistic interactions models, as well as intra- and inter-group altruistic interactions models, to capture the heterogeneous...

The connections and volatilities of financial institutions are important features in studies on the financial market. Based on the tail-event-driven networks reflecting the risk interdependence between financial institutions, we introduce quantile regression to achieve the dynamic ranking of...

We examine a crowdfunding platform that connects artists with funders. Although the internet reduces many distance-related frictions, local and distant funders exhibit different funding patterns. Local funders appear less responsive to information about the cumulative funds raised by an artist....

This article studies a networked organization in which agents work to directly increase the team’s output and help neighbors to reduce the disutility of working. I establish the existence and uniqueness of the equilibrium of a two-stage game in which agents first decide how much helping effort...