Economics

Filter this result by content type

Miguel Urquiola

Professor, SIPA and Economics Department

Languages, laws and labor contracts

The decline in bargaining power for large groups of workers is at the core of rising inequality. This research aims to provide some of the first causal evidence that contractual language is not merely cheap talk but rather meaningfully shapes the decisions of contracting parties in the labor market. The grant will support an effort to digitize union contracts stored at the Kheel Center at Cornell University. In addition to digitization, the researchers will use language processing tools to extract norms, commitments, and entitlements from the text.

Doctoral Dissertation Research in Economics: Attention and Beliefs in Games: an Experiment

Game theory has become an indispensable tool in the analysis of strategic interactions between people, groups, and nations. It rests on Nash equilibrium as its central concept. In a Nash equilibrium, (1) each player?s action is best, given his or her beliefs over others? actions and (2) those beliefs are correct. However, even under the idealized conditions of laboratory experiments, there are systematic deviations from the predictions of classical game theory.

Harrison Hong

John R. Eckel Jr. Professor of Financial Economics

Pages

Subscribe to Economics

Newsletter

Don't want to miss our interesting news and updates! Make sure to join our newsletter list.

Contact us

For general questions about ISERP programs, services, and events.