We ask whether AACSB accreditation has a meaningful impact on university admissions. To do this, we explore 16 U.S. institutions which first achieved this certification recently. We, first, document a modest, but nonzero, impact on university-wide undergraduate applications, without any changes...

The use of a taser by law enforcement can substitute for either a gun (a more-violent technology) or a mildly-violent technology (such as pepper spray or hands-on tactics). Which is used affects both the severity of harm when used and the amount of resistance, which affects how often it must be...

We examine if elections of public prosecutors (as is common in the U.S.) influence the way they handle cases. In particular, does it affect which cases are taken to trial? A theoretical model is constructed where voters use outcomes of the criminal justice system as a signal of prosecutor's...

Arbitration, as an alternative to litigation for contract disputes, reduces costs and time. While it has frequently been thought of as a substitute to pretrial bargaining and litigation, in fact, parties may be able to reach a settlement privately while engaged in the arbitration process....

We consider a bargaining environment where there is asymmetric information regarding whether the two players have common or conflicting preferences. If the cost of strategic communication is independent of the state, then signaling is not expected to be effective. If the uninformed agent...

Popular elections are used to select prosecutors in most U.S. states. It has been questioned whether voters have the knowledge or incentive to identify quality individuals. In 2011, New York state instituted a series of salary increases for judges. Prosecutors' salaries are tied to judicial...