AbstractDoes a legal formalist stay a formalist? Using a new measure of jurisprudential commitments based on an original dataset of annotated Supreme Court opinions leveraged

through a fine-tuned large language model, we study whether, how, and why justices change their jurisprudence over the course of their careers, from 1870 to 2024. [...]

AbstractWe provide the first worldwide overview of the patterns of hierarchical differentiation across Business Groups (BGs), highlighting the coexistence of different hierarchical

shapes. We show how the different shapes can arise as optimal hierarchical structures in a knowledge-based model of BGs when subsidiaries’ operations involve problem-solving [...]

AbstractWe examine how anti-money laundering (AML) policies affect banks and credit provision. Exploiting a Colombian regulation aimed at controlling the flow of drug trafficking

proceeds into the financial system, we find that bank deposits decline in high drug-trafficking municipalities. [...]

AbstractWhat is the long-term effect of organized crime presence on civic capital? By leveraging novel tax compliance and organized crime data, this study investigates this

question within the Italian landscape from the 1950s to the 2000s. We exploit the forced resettlement law that compelled organized crime members living in the South [...]

AbstractSocial networks are vital for trade in developing countries, but building them is costly, creating hurdles for new entrepreneurs. E-commerce can lessen this dependence

by enabling direct transactions and timely payments between producers and consumers. [...]

AbstractTwo opposed parties seek to influence the court. They invest in gathering evidence and select what to disclose. The court then adjudicates. We compare this setting

with one allowing cross-examination. A cross-examiner tests the opponent to persuade the court that relevant information was withheld. [...]

AbstractWe show experimentally that a very brief face-to-face conversation, or small talk, with a potential trading partner can serve a contracting function by enhancing trust

and strengthening cooperative norms. Specifically, participants engaged in 3-min video calls with no agenda before playing Hold Up and Stag Hunt games. [...]

AbstractThis article investigates the role of different kinds of information in the allocation of decision authority. In a multidivisional organization, divisions have access

to common- or private-interest pieces of information, which can be shared via cheap talk communication. [...]

AbstractHow do different characteristics of pay-for-performance schemes affect fairness perceptions? In two studies, we systematically consider three major classes of incentive

schemes: continuous piece rate incentives, discrete bonus schemes, and tournament incentives. [...]

AbstractI analyze the formation of organizational social norms, focusing on the interaction between two distinct groups, a dominant and a dominated one, such as management

and workers, whereby the former is interested in the latter group adopting its preferred norm. [...]