I propose and test a bottom-up channel through which trust between parties to an exchange can go on to affect comparative economic development of societies as a whole. My approach revolves around the autonomy that employers (principals) grant to workers (agents), which is a key feature of...

I propose and test a bottom-up channel through which trust between parties to anexchange can go on to affect comparative economic development of societies as awhole. My approach revolves around the autonomy that employers (principals)grant to workers (agents), which is a key feature of workplace...

We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...

Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of human from Africa tens of...

This research explores the origins of the variation in the prevalence and nature of political institutions across globe. It advances the hypothesis and establishes empirically that variation in the inherent diversity across human societies, as determined in the course of the exodus of Homo...