My most recent research studies incentives and information within internal labor markets, with a particular focus on contests, career concerns, promotion systems, and firm-sponsored training. I examine how workers’ effort and human-capital investments respond to promotion opportunities, labor-market learning, and the design of organizational policies, and how firms can structure these institutions to improve performance and retention. A second strand of my research studies decision-making in committees, especially how social pressure and concerns about external audiences affect voting behavior and the value of transparency. My earlier work focuses on charitable fundraising and public good provision, where I study how social norms, recognition, and strategic interactions shape giving behavior and fundraising strategies.
Multiple Prizes in Tournaments with Career Concerns
with Huseyin Yildirim · Journal of Economic Theory 215 (2024): 105778
Why do so many tournaments award multiple prizes? When performance affects future career prospects, contestants already face labor-market incentives and may be reluctant to enter winner-take-all competitions. We show that awarding multiple prizes can encourage participation and maximize performance, even among identical, risk-neutral contestants. The optimal prize structure depends on uncertainty about talent and on how much information about performance is revealed to the labor market.
Biased Experts, Majority Rule, and the Optimal Composition of Committee
with Huseyin Yildirim · Games and Economic Behavior 127 (2021): 1–27
How should an organization select experts when each favors their own area of expertise? We show that the best committee composition depends on the voting rule. A principal who favors the status quo prefers less partisan experts under low approval thresholds, more partisan experts under intermediate thresholds, and moderately partisan experts near unanimity. Selecting members helps align strategic voting with the organization’s objectives.
Social Pressure, Transparency, and Voting in Committees
with Huseyin Yildirim · Journal of Economic Theory 184 (2019): 104943
Should committee votes be public or secret? We study experts who fear blame from observers with a stake in the decision. Moderate social pressure can improve collective decisions by correcting a voting externality, making public voting desirable. When pressure becomes too strong, however, secrecy protects decision quality. The analysis shows how voting rules and the intensity of social pressure determine the value of transparency.
Committees can do more than pool information: they can make outside influence harder and more expensive. We show how committee size and voting rules can deter capture by interested parties, even when additional members bring no new information. Greater vulnerability to capture calls for larger committees, while keeping members anonymous and requiring them to justify their votes can provide further protection.
Fundraisers become more effective through experience, but reaching more donors also intensifies free-riding. I study how charities balance these forces when planning a campaign. A charity may optimally approach donors whose gifts do not cover their solicitation costs because doing so builds experience. Faster learning need not lead to a larger campaign, and unobservable solicitations can create a commitment problem.
Direct requests for donations create social pressure to meet a giving norm. We show that this pressure makes gifts cluster around the norm: those who would otherwise give less increase their donations, while more generous donors may give less. Although total giving rises, some donors are worse off. Social pressure can alleviate underprovision of public goods, but excessive pressure can also lead to overprovision.
A Theory of Charitable Fund-raising with Costly Solicitations
with Huseyin Yildirim · American Economic Review 103(2) (2013): 1091–1107
Whom should a charity ask for donations when asking is costly? We characterize the strategy that maximizes donations net of fundraising expenses: target donors whose contributions exceed the cost of soliciting them. Accounting for these costs changes standard predictions about income redistribution and government grants, showing how fundraising decisions shape the provision of public goods.
Reprinted in The Economics of Philanthropy and Fundraising, Volume II, edited by James Andreoni, Edward Elgar Publishing, 2015 (ISBN-10: 1782546057).
Managing Skills and Signals: Firm Training with Career Concerned Workers
with Huseyin Yildirim · Working paper · December 2025
How should firms design training when promotions signal workers’ abilities to outside employers? We study the balance between common core skills and skills that differentiate workers, and the resulting trade-off between productivity and career incentives. The analysis also examines why firms certify training and when they make acquired skills transferable to other employers.
Teams competing in Tournaments with Career Concerns
This project studies team competitions in which the labor market infers individual talent from team rankings. It examines how uncertainty about abilities, and team size shape career incentives and performance. The analysis also explores how task allocation can balance strong incentives with workers’ willingness to participate.
Principles in Economics (Fall 2026)
Public Economics (Fall 2023, undergrad)
Industrial Organization (Spring 2024, undergrad)
Topics in Public Economics (Spring 2024, undergrad)
Topics in Advanced Microeconomics (Spring 2024, PhD)