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We establish the existence and uniqueness of pure-strategy equilibrium in two-worker rank order contests with sabotage while allowing interdependent effects of productive and sabotage effort. We find that diverging marginal costs in workers' productive effort discourage sabotage activity. For...
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We study identification and inference in first-price auctions with risk averse bidders and selective entry, building on a flexible entry and bidding framework we call the Affiliated Signal with Risk Aversion (AS-RA) model. Assuming that the econometrician observes either exogenous variation in...
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This article examines the impact of China's subnational leadership rotations over the past two decades, with a focus on quantifying how such an institutional arrangement has affected the country's political and economic integration. Taking advantage of the annual government work reports at the...
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