Close
Economic Theory/Experimental Seminar: David Levine (EUI)
12 October 2021, 4:30 pm–6:00 pm
As part of the "Economic Theory/Experimental Seminar" series, David Levine from the European University Institute (EUI) will be speaking at this seminar. More to follow.
Event Information
Open to
- All
Organiser
-
Duarte Gonçalves and Deniz Kattwinkel
Location: B03 Ricardo LT in Drayton House
Paper: http://home.dklevine.com/archive/refs411694000000000059.pdf
Abstract: We provide a model showing that a firm's employees may prefer to protect shirkers because this optimally reduces overall effort. This is the case when labor demand is inelastic and individual behavior is easily monitored. In this case, employees have a strong incentive to conceal information about peers' performance from firms, what has been infamously known as the blue wall of silence in the case of the police.