Homepage for W. Bentley MacLeod



Recent Changes

Friday, February 24

  1. page Research edited ... The Performance of Elected Officials: Evidence from State Supreme Courts, with Elliott Ash, su…
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    The Performance of Elected Officials: Evidence from State Supreme Courts, with Elliott Ash, supported by NSF SES-1260875, NBER working paper 22071.
    Recent Public Lectures
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    {Macleod2017CJE.pdf} , NBER working paper 22123, presented topublic lecture at the Canadian
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    Association, May 2015, forthcoming2015. Publish in the Canadian Journal of Economics Journal., Vol. 50, No. 1February 2017.
    Human Capital: Linking behavior to rational choice via dual process theory, Labour Economics, Volume 41, August 2016, Pages 20-312, presented to the Society of Labor Economics, June 2015.
    Selected Publications
    (view changes)
    8:45 am
  2. page Research edited ... The Performance of Elected Officials: Evidence from State Supreme Courts, with Elliott Ash, su…
    ...
    The Performance of Elected Officials: Evidence from State Supreme Courts, with Elliott Ash, supported by NSF SES-1260875, NBER working paper 22071.
    Recent Public Lectures
    ...
    to Causal Inference,Inference {Macleod2017CJE.pdf} , NBER working
    Human Capital: Linking behavior to rational choice via dual process theory, Labour Economics, Volume 41, August 2016, Pages 20-312, presented to the Society of Labor Economics, June 2015.
    Selected Publications
    (view changes)
    8:43 am
  3. 8:42 am

Monday, October 10

  1. page Research edited Most discussion papers can be found online. If you cannot find a paper you need drop me a line. I…
    Most discussion papers can be found online. If you cannot find a paper you need drop me a line.
    In shortMuch of my recent
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    and doctors) as well asand trying to
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    to design organizations and contract that better incentive contracts. Theremanage and employ experts. A fundamental problem is no aspectthat the evaluation of our day to day livesexperts is subjective, and hence short run market exchange is not always efficient. In "Reputation and School Choice" (with Miguel Urquiola) we show that a free market for reputation is not affect by the choicesalways efficient, and then provide some empirical evidence of experts.these effects in "The Big Sort" (with Evan Riehl, Juan Saavedrea and Miguel Urquiola,).
    New Discussion Papers
    Optimal Contracting with Subjective Evaluation: The Effects of Timing, Malfeasance and Guile, with Teck Yong Tan, NBER working paper 22156.
    (view changes)
    3:07 pm

Wednesday, October 5

  1. page Research edited Most discussion papers can be found online. If you cannot find a paper you need drop me a line. I…
    Most discussion papers can be found online. If you cannot find a paper you need drop me a line.
    In short my recent work is concerned with expert decision making, both in terms of evaluating decision making (of judges and doctors) as well as trying to better understand how to design better incentive contracts. There is no aspect of our day to day lives that is not affect by the choices of experts.
    New Discussion Papers
    Optimal Contracting with Subjective Evaluation: The Effects of Timing, Malfeasance and Guile, with Teck Yong Tan, NBER working paper 22156.
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    "Optimal Contracting with Subjective Evaluation", American Economic Review, March 2003, Vol 93, Issue 1, pp. 216-240.
    "Worker Cooperation and the Ratchet Effect", with Lorne Carmichael,Journal of Labor Economics, January 2000, Vol 18, pp. 1-19.
    Supply side hysteresis: the case of the Canadian unemployment insurance system", with Thomas Lemieux, Journal of Public Economics, October 2000, 78(1-2), pp. 139-170.
    Job Characteristics and the Form of Compensation, with Daniel Parent, Research in Labor Economics, JAI Press 1999, Vol. 18, pp. 177-242.

    "Motivation and Markets", with James Malcomson, American Economic Review, July 1998, Vol 88, pp. 388-411.
    Published Papers
    (view changes)
    6:40 pm
  2. page Research edited ... Savage Tables and Tort Law: An Alternative to the Precaution Model, with Janet Currie, Chicago…
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    Savage Tables and Tort Law: An Alternative to the Precaution Model, with Janet Currie, Chicago Law Review, Vol. 81, No. 1 (Winter 2014), pp. 53-82.
    "Contract Form, Wage Flexibility, and Employment, " with Thomas Lemieux and Daniel Parent. American Economic Review, 2012, 102(3): 526-531
    Contracts between Legal Persons, with Lewis Kornhauser, in The Handbook of Organizational Economics, Robert Gibbons and John Roberts, editors, December 2012, Princeton University Press, Princeton, NJ.
    "Great Expectations: Law, Employment Contracts, and Labor Market", Handbook of Labor Economics 4 (2011): 1591-1696.
    "Performance Pay and Wage Inequality", with Thomas Lemieux and Daniel Parent, Quarterly Journal of Economics, February 2009, Vol 124, No. 1, pp. 1-49
    (view changes)
    6:33 pm
  3. page Research edited ... Transactions Costs and the Employment Contract in the US Economy, with Daniel Parent. Journal …
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    Transactions Costs and the Employment Contract in the US Economy, with Daniel Parent. Journal of Law, Economics and Organization, published online March 25, 2014, doi:10.1093/jleo/ewu005.
    “ Institutions and Contract Enforcment {Falk-Huffman-Macleod(2015)JOLE.pdf} ,” with Armin Falk and David Huffman, Journal of Labor Economics, July 2015 issue, vol. 33, no. 3.
    Comments on “Incomplete ContractsSavage Tables and Tort Law: An Alternative to the Internal Organization of Firms” by P. Aghion, N. Bloom and J. Van Reenen. Forthcoming in The Impact of Incomplete Contracts on Economics”, conference in honor of S. Grossman and O. Hart, P. Aghion, M. Dewatripont, and L. Zingales (editors), Oxford University Press, 2015.Precaution Model, with Janet Currie, Chicago Law Review, Vol. 81, No. 1 (Winter 2014), pp. 53-82.
    "Contract Form,
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    2012, 102(3): 526-31.526-531
    "Great Expectations: Law, Employment Contracts, and Labor Market", Handbook of Labor Economics 4 (2011): 1591-1696.
    "Performance Pay and Wage Inequality", with Thomas Lemieux and Daniel Parent, Quarterly Journal of Economics, February 2009, Vol 124, No. 1, pp. 1-49
    (view changes)
    6:32 pm
  4. page Research edited ... "Contract Form, Wage Flexibility, and Employment, " with Thomas Lemieux and Daniel P…
    ...
    "Contract Form, Wage Flexibility, and Employment, " with Thomas Lemieux and Daniel Parent. American Economic Review, 2012, 102(3): 526-31.
    "Great Expectations: Law, Employment Contracts, and Labor Market", Handbook of Labor Economics 4 (2011): 1591-1696.
    "Performance Pay and Wage Inequality", with Thomas Lemieux and Daniel Parent, Quarterly Journal of Economics, February 2009, Vol 124, No. 1, pp. 1-49
    "First Do No Harm? Tort Reform and Birth Outcomes",, with Janet Currie, Quarterly Journal of Economics, May 2008, Vol. 123, No. 2, pp. 795-830.

    "Can Contract Theory Explain Social Preferences", American Economic Review, May 2007, Vol 97, Issue 2, pp. 187-192.
    "Reputations, Relationships and Contract Enforcement", Journal of Economic Literature, September 2007, Vol 45, Issue 3, pp. 597-630.
    "Welfare Economics with Intransitive Revealed Preferences: A Theory of the Endowment Effect", with H. Lorne Carmichael, Journal of Public Economic Theory, April 2006, Vol 8, Issue 2, pp. 193-218.
    "Tenure Is Justifiable", Behavioral and Brain Sciences, 2006, Vol 29, Issue 6, pp. 581 582.
    "Cut to the Bone? Hospital Takeovers and Nurse Employment Contracts", with Janet Currie and Mehdi Farsi, Industrial and Labor Relations Review, 2005, Vol 58, Issue 3, pp. 471-93.
    "Optimal Contracting with Subjective Evaluation", American Economic Review, March 2003, Vol 93, Issue 1, pp. 216-240.
    "Worker Cooperation and the Ratchet Effect", with Lorne Carmichael,Journal of Labor Economics, January 2000, Vol 18, pp. 1-19.
    ...
    with James Malcomson,AmericanMalcomson, American Economic Review,
    Published Papers
    List of Publications by Field
    (view changes)
    6:27 pm
  5. page Research edited ... Viewpoint: The Human Capital Approach to Causal Inference, NBER working paper 22123, presented…
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    Viewpoint: The Human Capital Approach to Causal Inference, NBER working paper 22123, presented to the Canadian Economics Association, May 2015, forthcoming in the Canadian Economics Journal.
    Human Capital: Linking behavior to rational choice via dual process theory, Labour Economics, Volume 41, August 2016, Pages 20-312, presented to the Society of Labor Economics, June 2015.
    Recent and SelectedSelected Publications
    The Big Sort: College Reputation and Labor Market Outcomes, joint with Evan Riehl, Juan Saavedrea and Miguel Urquiola, forthcoming American Economics Journal: Applied Economics, 2016.
    Physician Practice Style and Patient Health Outcomes: The Case of Heart Attacks, with J. Currie, and Jessic van Parys, Journal of Health Economics, Volume 47, pp 64-80, 2016.
    (view changes)
    6:16 pm

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