We review the recent literature on rational inattention, identify the main theoretical
mechanisms, and explain how it helps us understand a variety of phenomena across fields …

We study games in which a network mediates strategic spillovers and externalities among
the players. How does a planner optimally target interventions that change individuals' …

How much do a manager's interpersonal skills with subordinates, which we call people
management skills, affect employee outcomes? Are managers rewarded for having such …

We study the design of informational environments in settings where generating information
is costly. We assume that the cost of a signal is proportional to the expected reduction in …

Top management structures in large US firms have changed significantly since the mid-
1980s. The size of the executive team—the group of managers reporting directly to the CEO …

We study a model of multi-player communication. Privately informed decision makers have
different preferences about the actions they take, and communicate to influence each …

This paper develops a theory for the expected cost of optimally acquired information when
information can be acquired sequentially. We study the “reduced-form” Indirect Cost …

Communication is integral to organizations and yet field evidence on the relation between
communication and worker productivity remains scarce. We argue that a core role of …

What makes a decision strategic? When is strategy most important? This paper formally
studies these questions, starting from a (functional) definition of strategy as the smallest set …

Firms facing complex objectives often decompose the problems they face, delegating
different parts of the decision to distinct subunits. Using comprehensive data and internal …