This paper studies information transmission subject to anonymity requirements and communication in public good provision without transfers. The structure of informative equilibria under anonymity or in public good provision can di¤er substantially from that of direct one-to-one communication,...

We analyse a labour matching model with wage posting, where- refl ecting institutional constraints-fi rms cannot dfferentiate their wage offers within certain subsets of workers. Inter alia, we find that the presence of impersonal wage offers leads to wage compression, which propagates to the...

This note shows that when the designer of a contest wishes the winner have high ability, she is better off giving a head start to one of the contestants even if they are ex-ante identical. If the contestants are ex-ante asymmetric, the designer should give a head start to the one who is more...

This paper studies information transmission in social surveys where a welfare maximizing decision maker communicates with a random sample of individuals from a large population who have heterogeneous preferences. The population distribution of preferences is unknown and has to be estimated,...

We analyse a labour matching model with wage posting, where- refl ecting institutional constraints-fi rms cannot dfferentiate their wage offers within certain subsets of workers. Inter alia, we find that the presence of impersonal wage offers leads to wage compression, which propagates to the...

type="main" xml:id="sjpe12054-abs-0001" <title type="main">Abstract</title> <p>We analyse a labour-matching model with wage posting, where – reflecting institutional constraints – firms cannot differentiate their wage offers within certain subsets of workers. Inter alia, we find that the presence of impersonal wage...</p>

We propose a model of the widely held firm where management may behave on behalf of shareholders even without external controls. The model shows that there exists a corporate governance mechanism inside the firm where workers are employed on a long-term basis. When effort of young workers...

We examine the possibilities for communication between agents with divergent preferences in a noisy environment. Taking Crawford and Sobel’s [4] (noiseless) communication game as a reference point, we study a model in which there is a probability e ? (0, 1) that the received message is a...

This paper studies information transmission between multiple agents with di¤erent preferences and a welfare maximizing decision maker who chooses the quality or quantity of a public good (e.g. provision of public health service; carbon emissions policy; pace of lectures in a classroom) that is...