“Diplomacy at Work: The South African Worker, U.S. Multinationals, and Transnational Racial Solidarity” examines the history of corporate reform and anti-apartheid activism through the lens of South African labor and global worker movements. It argues that Black workers in apartheid South Africa repurposed U.S. corporate codes—especially the Sullivan Principles—as instruments of resistance. The labor movement transformed reformist rhetoric into tools for collective action and transnational worker solidarity. Drawing on oral histories, trade union archives, corporate reports, and government records in both the United States and South Africa, the dissertation reveals how workers used weak corporate reforms to pressure multinational companies, connect with U.S. labor allies, and challenge the violence of apartheid from the shop-floor. In doing so, it bridges business, labor, and diplomatic history to show that workers helped shape global debates over corporate ethics and U.S. foreign policy in the late Cold War era. Diplomacy at Work thus recasts South African labor as a central force in the transnational struggle against apartheid.

We design an experiment to study the effect of asymmetry in the context of group lending with joint liability. The performance of group loan contracts crucially hinges on borrowers engaging in peer monitoring and the common practice is to offer participants of a group loan symmetric contract terms. Our experiment shows that asymmetric contracts, in which monitoring is a dominant strategy for one borrower, increase the monitoring rate, and thus the repayment rate, without leaving borrowers substantially worse off. In addition, asymmetric contracting also raises expected profits of the lending institution. Overall, our experiment reveals that asymmetric group loan contracts are worth considering as part of a policy to maintain both financial stability and higher lender profits.

Over recent decades, we find about $80\%$ of widening residual wage inequality to be within jobs (industry-occupation pairs). To explore the underlying drivers, we incorporate into a sorting equilibrium framework with two extensive margin channels (across-job sorting and within-job selection of a performance-pay position) and an intensive margin channel (quality of skill match), in addition to residual job productivity. We show that equilibrium sorting is positively assortative both within and across jobs. By calibrating the model to the United States in 1990 and 2000, we find the improved match quality and rising performance-pay incidence amplify each other, jointly accounting for about $90\%$ of the widening within-job wage inequality. Match quality and performance pay are particularly important in jobs with rising average wages and expansionary employment. Once performance pay and match quality channels are incorporated, job sorting becomes less important and residual job productivity becomes inconsequential throughout.

This paper considers a stationary model of inventory management in a rich setting in which unsold units carry over, in contrast with the full depreciation of unsold units that is implemented in laboratory studies of the news vendor problem. The model permits an array of costs associated with restocking, understocking, depreciation, financing, and holding inventories. The extra dimensions make it possible to hold the optimal inventory constant, while adjusting parameters that change the frequency of stockouts and the risks associated with storage and depreciation. This framework facilitates an investigation of factors that influence the nature and severity of behavioral biases observed in simpler news vendor settings. Optimal inventory decisions are derived and tested with a laboratory experiment. We consider four main questions in the inventory literature: the “pull-to-center” effect, the “recency” effect, the effect of increased up-front costs, and the effect of risk aversion.

Legal provisions in trade agreements, including those related to intellectual property (IP), can impede access to medicines. The 12-party Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is currently undergoing a review. This provides an opportunity to update the CPTPP’s Intellectual Property Chapter to remove certain provisions that were negotiated in the context of its precursor, the Trans Pacific Partnership (TPP), many of which have been suspended. These include several ‘TRIPS-Plus’ provisions – IP provisions exceeding the requirements of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). This paper reviews the CPTPP’s TRIPS-Plus provisions, including those suspended and those still in place, and argues for their removal based on evidence of their likely effects on medicines access and recent changes in the political environment. Since the CPTPP was signed in 2018, accumulated evidence has demonstrated that TRIPS-Plus provisions negatively impact access to medicines. Lack of access to COVID-19 medical products in low- and middle-income countries has highlighted major problems with TRIPS. Furthermore, the US has diverged from a TRIPS-Plus agenda, rendering the suspended provisions obsolete. Removing the CPTPP’s TRIPS-Plus provisions, while challenging, would preserve Parties’ policy flexibility to design their laws in ways that protect access to medicines.

Previous studies have primarily advocated enhancing the deterrent effects of sanctions against offending firms to prevent organizational environmental violations. However, despite stricter regulatory environments, violations that cross the ‘red line’ remain pervasive. Limited research has delved into the factors that influence an organization’s ability to learn from environmental sanctions imposed on others. To address this gap, inspired by social learning theory, we examine whether environmental sanctions imposed on violating firms deter environmental governance among their industry and regional peers using a sample of Chinese-listed firms from 2008 to 2021. Our findings indicate that increasing the frequency and severity of penalties for offending firms – particularly those leading firms and state-owned-enterprises or those with close ties – can affect the environmental governance practices of their peers, both in terms of process and outcome, underscoring the critical role of peer influence in enforcing environmental regulations. Additionally, the current article also concludes that the general deterrence effect on peers is more pronounced in competitive industries and regions with underdeveloped legal frameworks.

Developing Consumers: A History of Wants and Needs in Postwar South America offers a comparative social and economic history of South America’s developmental decades, from the 1950s to the mid-1970s. In the aftermath of World War II, Argentina, Brazil, and Chile implemented state-led strategies to secure economic sovereignty, raise living standards, and expand domestic markets. These policies made durable goods such as refrigerators, automobiles, and televisions increasingly available, yet access remained uneven across class, gender, and racial lines. By the 1960s, these commodities had become powerful symbols of modern well-being.

The dissertation examines how people experienced this transformation and how new forms of consumption reshaped ideas of welfare, citizenship, and inequality. By the decade’s end, it was clear that the developmental state could not deliver social mobility or universal access to modern comforts, leading to widespread frustration. Policy makers, marketing experts, and intellectuals debated how to “rationalize” consumption—deciding which needs should be guaranteed for all and which reflected elite privilege.

Non-compete clauses (NCCs) are widely used and discussed, but often too narrowly. While conventional accounts focus on the benefits of NCCs to employers, Harrison Frye has proposed that they can also serve employees by acting as a clear, costly signal. I argue that both views rely on an overly narrow analysis. A wider view shows that NCCs cause market failures, undermining their utility as protective or signalling devices. Because of these negative effects, I extend Frye’s account to argue that NCCs should be used only as targeted interventions under exceptional conditions, if they are used at all.

The Methodenstreit dominated economic discourse in the late nineteenth-century Germany. In this context, one author stood out amongst the rest: Heinrich Dietzel. Dietzel proposed a theory and method, his Sozialökonomik (social economics), as a solution for the Methodenstreit. This reformulation was based in correcting what he perceived as mistakes of classical political economy that created confusion by not explaining what they saw as self-evident. His intention was to detach from the latest developments (both in British and German political economy) as well as from what he saw as erroneous criticism that, at the time, existed in German-speaking countries. This paper presents Dietzel’s perspective on the reformulation of classical political economy, focusing on the definition of an economic science, the proper method for theoretical statements, and the theory of value.

Droughts are becoming increasingly common in India, where 50 per cent of the labour force works in agriculture, and most agricultural production is rainfall-dependent. This paper investigates the extent to which rural households adapt to drought – defined as rainfall deficiency – by reallocating labour from agriculture to other sectors of the economy. We estimate a household-level fixed-effects regression model and find that household agricultural employment declines in the year following a drought. Furthermore, these effects are mediated by job skills and land ownership. We find that households with working members who have completed primary education account for most of the workers who exit the agricultural sector. In contrast, we find that households that own land increase their agricultural labour share after experiencing a drought. Thus, while we find that drought causes households to diversify away from agriculture on aggregate, the extent of this structural change is mitigated by the behaviour of landowners.

Environmental taxation is often justified by the ‘double dividend’ hypothesis, yet evidence overwhelmingly derives from high-income countries. In low-income countries (LICs), where broadening the tax base is a central fiscal priority, we identify a special case – the ‘tax base’ double dividend– in which environmental levies simultaneously curb emissions and strengthen revenue capacity. Exploiting Uganda’s 2018 reform of vehicle import duties as a natural experiment, we use administrative microdata covering all motor vehicle imports and a difference-in-differences strategy to assess this proposition. The reform generated substantial revenue gains alongside modest improvements in the emissions profile of imports. Effects varied by vehicle type, highlighting the need for policy tailoring. Drawing on these results, we outline design principles for LICs, emphasising sequencing, enforcement and inter-agency coordination. Uganda’s experience shows that administratively simple, import-based carbon taxes can serve as an effective and politically feasible entry point to carbon pricing while advancing domestic resource mobilisation.

Behavioral instruments have unique advantages in certain governance contexts for the reasonable use of public products. Drawing on bounded rationality, we compare two major behavioral instruments – nudging and boosting – and experimentally test their effectiveness in promoting reasonable use of public products. We select the default option (nudging) and future orientation (boosting) as specific instruments. In Study 1, we conduct a laboratory experiment and find that (1) both the default option and future orientation reduce free electricity usage; (2) the immediate effect of the default option is greater than that of future orientation, but its delayed effect is smaller; and (3) the combination strategy is more effective than any single intervention. In Study 2, we conduct a field experiment targeting reasonable use of public toilet paper and basically replicate the results of the laboratory experiment. These findings reinforce our confidence in the effectiveness of nudging and boosting and suggest the possibility of bridging behavioral science with governance theory.

The rapid expansion of mobile sports betting in the United States poses a growing threat to the financial well-being of military personnel, particularly young enlisted soldiers. This paper explores how the unique characteristics of military life – such as high stress, risk tolerance, and financial vulnerability – intersect with the accessibility and psychological appeal of mobile sports betting platforms. Drawing on recent data and behavioral research, we examine the potential prevalence of gambling among soldiers, the potential for addiction, and the broader implications for mental health and unit readiness. The analysis highlights how mobile betting undermines personal economic security by reducing savings and investment behaviors, such as contributions to the thrift savings plan (TSP). Despite the Department of Defense’s efforts to promote financial literacy, current financial education programs often overlook gambling risks. We argue for the urgent integration of targeted financial education, behavioral health support, and policy interventions to mitigate the impact of mobile sports betting. This paper contributes to the emerging discourse on digital gambling and military readiness, emphasizing the need for proactive strategies to safeguard soldiers’ financial and psychological resilience.

To enhance the supervision of regional environmental issues, China initiated a nationwide campaign in 2007 to establish environmental courts and formulate local environmental regulations. This study selected Shanghai and Shenzhen A-share listed companies from 2004 to 2021 as its research sample to examine the impact of local environmental legislation and the establishment of environmental courts on corporate carbon emissions. The findings indicate that the combined effect of these measures significantly curbs carbon emissions. Additionally, the study identifies that the intensity of local environmental court establishment and the implementation of corporate pollution charges or environmental protection taxes are critical mechanisms through which environmental legislation and court establishment reduce corporate carbon emissions. Finally, the interaction of environmental legislation and court establishment on corporate carbon emissions is most pronounced in regions where the government exhibits lower environmental concern, in state-owned enterprises, in enterprises located in the eastern region and in highly polluted cities.

This study examines whether different biodiversity proxies – species, habitat and functionality – satisfy the scope sensitivity and plausibility criteria in willingness to pay (WTP) estimation using a choice experiment in Manu National Park, Peru. We introduce the network of species interactions as a proxy for functionality and apply latent class (LC) models, including attribute non-attendance (ANA), to account for heterogeneity in preferences. Our results indicate that functionality is the only proxy consistently meeting both validity criteria across all specifications. LC analysis reveals two segments: one (74.4 per cent) displaying coherent, scope-sensitive WTP across biodiversity attributes, and another (25.6 per cent) less engaged, disregarding standard proxies but still valuing networks. Even under ANA constraints, networks remain salient for less attentive respondents, underscoring their cognitive accessibility in complex ecological contexts. These findings highlight the methodological and policy relevance of functionality-based proxies for biodiversity valuation in megadiverse environments, where conventional measures may fail to elicit behaviourally consistent responses.

This paper analyzes individual behavior in multi-armed bandit problems. We use a between-subjects experiment to implement four bandit problems that vary based on the horizon (indefinite or finite) and the number of bandit arms (two or three). We analyze commonly suggested strategies and find that an overwhelming majority of subjects are best fit by either a probabilistic “win-stay lose-shift” strategy or reinforcement learning. However, we show that subjects violate the assumptions of the probabilistic win-stay lose-shift strategy as switching depends on more than the previous outcome. We design two new “biased” strategies that adapt either reinforcement learning or myopic quantal response by incorporating a bias toward choosing the previous arm. We find that a majority of subjects are best fit by one of these two strategies but also find heterogeneity in subjects’ best-fitting strategies. We show that the performance of our biased strategies is robust to adapting popular strategies from other literatures (e.g., EWA and I-SAW) and using different selection criteria. Additionally, we find that our biased strategies best fit a majority of subjects when analyzing a new treatment with a new set of subjects.