Using two-player all-pay auctions, the author fully characterizes the Nash equilibrium under a discrete bidding strategy space. In particular, he shows that under the random tiebreaking rule, the cardinality of the set of Nash equilibrium depends on the parity of the reward size and a continuum...

In this paper, we examine the impact of female Chief Technology Officers (CTOs) on corporate innovation. We find that firms with female CTOs are more innovative (as captured by both patent counts and patent citations) than firms with male CTOs. This effect is more pronounced for firms with a...

To wield a flexible self-scheduled supply to match the ever-changing demand and maintain market shares, ride-sharing platforms such as Uber and Didi strive to keep more registered drivers active on the road, especially during peak hours in which the demand tends to be the highest. Platforms have...