What determines individual status in a group and do preferences exhibit a bias over status? Primate studies can shed light on this question, offering insights into the evolutionary roots of human behavior. Field experiments with groups of monkeys living in their natural habitat allow...

In recent decades, information and communication technology (ICT) has been associated with far-reaching changes in the design of jobs. However, it still remains unclear whether these changes will lead to more centralization or more decentralization in firms. Previous literature on this debate...

In a labor market hierarchy, promotions are affected by the noisiness of information about the candidates. I study the hypothesis that males are more risk taking than females, and its implications for rates of promotion and abilities of survivors. I define promotion hierarchies with and without...

Economic growth tends to stimulate fundamental changes in consumption patterns as consumers who get rich tend to spread their spending more evenly across a wider variety of goods and services. Comparing cross sectional spending patterns across rich and poor countries, we investigate how this...

In this work we present a new framework for modelling portfolio dynamics and how to incorporate this information in the portfolio selection process. We define drivers for asset and portfolio dynamics, and their optimal selection. We introduce the new Commonality Principle, which gives a solution...