This paper studies the interplay between a worker's signaling incentives and costly managerial oversight. The worker is privately informed about his ability. Ability affects the marginal return from effort, which is an observable choice. Contrary to the logic of oversight, the firm would benefit...

Consider the case of a seller that can signal its own product quality but faces uncertainty about the cost of signaling. If signaling reveals information about its cost which can be used in future trades, how does learning affect signaling incentives and the informativeness of signals for...

We study elections with three candidates under plurality voting. A candidate is a Condorcet loser if the majority of the voters place that candidate at the bottom of their preference rankings. We first show that a Condorcet loser might win the election in a three-way race. Next we introduce to...