We consider a game between several principals and a common agent, where principals know only a subset of the agent's available actions. Principals demand robustness and evaluate contracts on a worst-case basis. This robust approach allows for a crisp characterization of the equilibrium contracts...

This paper uses 1991, 1996, 2001 and 2006 PUMF Canadian census data to evaluate how long it might take to the earnings of new immigrant’s men to catch up the earnings of their comparable Canadian-born men, based on the log-earning model from Grenier et al. (1995) when controlling for region...

This paper uses 1991, 1996, 2001 and 2006 PUMF Canadian census data to evaluate how long it might take to the earnings of new immigrant’s men to catch up the earnings of their comparable Canadian-born men, based on the log-earning model from David E. Bloom, Gilles Grenier, and Morley Gunderson...

This paper uses 1991, 1996, 2001 and 2006 PUMF Canadian census data to evaluate how long it might take for the earnings of new immigrant men to catch up to the earnings of their comparable Canadian-born men, based on the log-earning model from David E. Bloom, Gilles Grenier, and Morley Gunderson...

We study the Shapley wage function, a wage scheme in which a worker's pay depends both on the number of hours worked and on the output of the firm. We then provide a way to measure the distance of an arbitrary wage scheme to this function in limited datasets. In particular, for a fixed...

We consider the problem of valuing inputs in a production environment in which input supply is uncertain. Inputs can be workers in a firm, risk factors for a disease, securities in a financial market, or nodes in a networked economy. Each input takes its values from a finite set, and uncertainty...

I consider the model of a differentiated duopoly with process R&D when goods are either substitute, complements or independent. I propose a non-cooperative two-stage game with two firms producing differentiated goods. In the first stage, firms decide their technologies and in the second stage,...

The unique properties of the Shapley value-efficiency, equal treatment of identical input factors, and marginality{have made it an appealing solution concept in various classes of problems. It is however recognized that the pay schemes utilized in many real-life situations generally depart from...

Aguiar et al. (2018) propose the Shapley distance as a measure of the extent to which output sharing among the stakeholders of an organization can be considered unfair. It measures the distance between an arbitrary pay profile and the Shapley pay profile under a given technology, the latter...