Social influence is an important factor in learning and decision making. We estimate peer influence on student choice of specialization using data on undergraduate students of a Russian university. Information about individual social ties has been gathered from a questionnaire survey. We show...

We study hiring decisions made by competing universities in a simple dynamic framework, focusing on the structure of university finance. Universities with annual state-approved financing underinvest in high-quality faculty, while universities that receive a significant part of their annual...