Studies in the US have shown that black immigrants have remained at the bottom of the wage ladder and that other groups of immigrants have overtaken them over time. The goal of this research is to determine whether a specific group of immigrants can displace a group at the bottom of the ladder....

We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...

We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes. Participants in the experiment were students prior to taking a final exam in Introduction to Microeconomics. We find that most participants were overconfident regarding their...

The intensity of competition in contests is affected by the sum of the awarded prizes and by the prize distribution among the contestants. The current paper examines which of these two parameters has a larger effect on the players' extent of participation in the contest.

The intensity of competition in contests is affected by the sum of the awarded prizes and by the prize distribution among the contestants. The current paper examines which of these two parameters has a larger effect on the players' extent of participation in the contest.

In this paper, we explore employers' decisions regarding the employment of legal and illegal immigrants in the presence of endogenous adjustment cost, minimum wages and an enforcement budget. We show that increasing the employment of legal foreign workers will increase the number of illegal...