This thesis examines the efficacy of markets, using both quantitative and qualitative methods in a complementary way. Specifically, it starts (in Part II) by using the results from a quantitative analysis of initial public offering (IPO) underpricing as a barometer for corporate…
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In Chapter 1 of my dissertation { co-authored with Ala Avoyan and Giorgi Mekerishvili, we investigate market design for online gaming platforms. Since a large part of such platforms' income is generated by advertisement, it is essential to know what influences how long users sta…
This dissertation consists of three essays on village intermediaries, rural labor, and income mobility. The first essay considers the use of village intermediaries to mitigate asymmetric information problems in rural credit delivery. We focus on an example from Senegal and exami…
I argue that firms use referrals from current workers to mitigate a moral hazard problem. I first develop a model in which referrals relax a limited liability constraint by allowing the firm to punish both the referral recipient and referral provider if the recipient has low out…
This dissertation consists of six essays on informational and structural problems in international trade and economic development. The problems we analyze are common to developing economies and lead to an inefficient allocation of resources. The first two essays analyze issues i…
This dissertation is composed of three chapters on the subject of moral hazard in the social and political sphere. The first chapter explores the effects of asymmetric information on the public control of politicians in a world where the politicians' pre-election promises are no…