Oberholzer-Gee Felix

A Market for Time: Fairness and Efficiency in Waiting Lines Publication Archived

In situations of excess demand, many firms use waiting lists to allocate products and services among their customers. The resulting allocation is likely to be inefficient, creating opportunities for Pareto improving trades among those who a...

Political Relationships, Global Financing and Corporate Transparency Publication Archived

This study examines the financing choices of firms operating in a weak institutional environment. We argue that in relationship-based systems, global financing and political connections are substitutes: Well-connected firms are less likely ...

Social Learning and Coordination in High-Stakes Games: Evidence from Friend or Foe Publication Archived

We analyze the behavior of game-show contestants who play a one-shot game called Friend or Foe. While it is a weakly dominant strategy not to cooperate, almost half the contestants on the show choose to play ?friend.? Remarkably, the behavi...