Skip to main content
Author: Christopher Harris
3 results found.
Return to Latest Publications
Leonardo Felli and Christopher Harris
This paper introduces two complementary models of firm-specific training: an informational model and a productivity-enhancement model. In both models, market provision of firm-specific training is inefficient. However, t...Read more...
We study wage determination in a job-matching model, under the assumption that wages may be continuously renegotiated, so as to reflect the employee's endogenous outside option. We characterize the unique equilibirum of ...Read more...
Patrick Bolton and Christopher Harris
This paper extends the classic two-armed bandit problem to a many-agent setting in which N players each face the same experimentation problem. The difference with the single-agent problem is that agents can now learn fro...Read more...