Curriculum Vitae
W. Bentley MacLeod

Department of Economics,

Boston College, MA 02467

(617) 552-4512

macleodw@bc.edu

Degrees and Graduate Studies

Master's Thesis: On Observers for Non-Linear Dynamic Systems.

Ph.D. Thesis: Perspectives on Oligopoly Theory.

Academic Awards and Distinctions

Publications (including forthcoming papers)

1. "Gift Giving and the Evolution of Co-operation," with Lorne Carmichael. Forthcoming International Economic Review, July 1997.

2. "Decision, Contract and Emotion: Some Economics for a Complex and Confusing World," 1996. Harold Innis Memorial Lecture. Forthcoming Canadian Journal of Economics, November 1996.

3. "On the Strategic Stability of Equilibria in Experimental Games," with Jordi Brandts, Games and Economic Behavior, 11, 1995. 36-63.

4. "Contract Bargaining With Symmetric Information," with James Malcomson, The Canadian Journal of Economics, 28, May, 1995, 336-67.

5. "Turnover Costs, Efficiency Wages and Cycles," with James Malcomson, Annales d'Economiques et Statistique, 37/38, Janvier/Juin, 1995, 55-74.

6. "Incentives in Organizations: An Overview of Some of the Evidence and Theory," in Trends in Business Organization, The Kiel Institute of World Economics, 1995.

7. "Administrative Corruption and Efficient Taxation," with Frank Flatters, International Tax and Public Finance, 2, 1995, 397-417.

8. "Labour Turnover and the Natural Rate of Unemployment: Efficiency Wage vs Frictional Unemployment," with James Malcomson and Paul Gomme, Journal of Labor Economics, 12, no.2, 1994, 276-315.

9. "Wage Premiums and Profit Maximisation in Efficiency Wage Models," with James Malcomson, European Economic Review 1993, 37, 1223-1249.

10. "Multi-skilling, Technical Change and the Japanese Firm," joint with Lorne Camichael, Economic Journal, 103(416) January 1993, 142-160.

11. "Continuous Time Repeated Games," with Jim Bergin, International Economic Review, 34(1), February 1993, 21-37.

12. "Efficiency and Renegotiation in Repeated Games," with James Bergin, Journal of Economic Theory, 61, 1993, pp. 42-73.

13. "Specific Investment and Wage Profiles in Labour Markets" with Jim Malcomson, European Economic Review, 37, May 1993, 343-354.

14. "The Role of Exit Costs in the Theory of Co-operative Teams," Journal of Comparative Economics, 17, June 1993, 521-529.

15. "Efficient Specific Investments, Incomplete Contracts and the Role of Market Alternatives," with James Malcomson, American Economic Review, 83, 1993, 811 - 837.

16. "The Ratchet Effect and the Market for Second-Hand Workers," with Yoshitsugu Kanemoto, 1992, Journal of Labor Economics, 10, 85-98.

17. "Firm Reputation and Self-Enforcing Labor Contracts," with Yoshitsugu Kanemoto, 1992, Journal of Japanese and International Economies, 6, 144-162.

18. "Les contrats auto-exécutoires et la théorie des institutions du marché du travail," Actualité économique/Revue d'analyse économique, 68, Septembre 1992, 433-476.

19. "The Theory of Labor Practices in Japan and the United States," with Yoshitsugu Kanemoto, 1991, Managerial and Decision Economics, 12, 159-170.

20. "Spatial Competition and the Core," with Jonathan Hamilton and Jacques Thisse, 1991, Quarterly Journal of Economics, 106, 925-937.

21. Review of Information, Incentives, and Bargaining in the Japanese Economy, by Masahiko Aoki, , 13, 409-411, 1990.

22. "Implicit Contracts, Incentive Compatibility and Involuntary Unemployment," with J. Malcomson, 1989, Econometrica, Vol 56, No. 2, March, 447-480.

23. Review of Strategic Behaviour and Industrial Competition, edited by D. J. Morris, P. J. N. Sinclair, M. D. E. Slater and J. S. Vickers, Economica, November, 1989.

24. "Optimal Labor Contracts with Non-Contractible Human Capital," with Yoshitsugu Kanemoto, 1989, Journal of Japanese and International Economies, 3, pp. 385-403.

25. "Entry, Sunk Costs and Renegotiation in Duopoly," joint with Jim Bergin, Annales d'Economiques et Statistique, 15/16, pp. 173-191, 1989.

26. "Entry, Sunk Costs and Market Structure: Reply," 1989, Canadian Journal of Economics, 22, pp. 438-441.

27. "Equity, Efficiency and Incentives in Co-operative Teams," 1988, in Advances in the Economic Analysis of Participatory and Labor Managed Firms, Volume 3, 5-23, J.A.I.

28. "Reputation and Hierarchy in Dynamic Models of Employment," with J. Malcomson, 1988, Journal of Political Economy, 96, pp. 832-54.

29. "Price Discrimination and Equilibrium in Monopolistic Competition," with George Norman and Jacques Thisse, 1988, International Journal of Industrial Organization, 6, pp. 429-46. Reprinted in Market Strategy and Structure, edited by A. Gee and G. Norman.

30. "Involuntary Unemployment in Dynamic Contract Models," with James Malcomson, 1987, European Economic Review, 31, February/March, pp. 427-435.

31. "Tacit Collusion and Free Entry in Differentiated Product Markets," with G. Norman and J. Thisse, 1987, Economic Journal, 97, March, 189-198.

32. "Behavior and the Organization of the Firm," 1987, Journal of Comparative Economics, 11, pp. 207-220.

33. "Entry, Sunk Costs and Market Structure," 1987, Canadian Journal of Economics, 20, February, pp. 140-151.

34. "A Theory of Conscious Parallelism," 1985, European Economic Review, 27, 25-44.

35. "On the non-existence of equilibria in differentiated product models," 1985, Journal of Regional Science and Urban Economics, 15, 245-262.

36. "On adjustment costs and the stability of equilibria,"1985, The Review of Economic Studies, 52, 575-592.

Papers Submitted for Review or under Revision

"Motivation and Markets," with Jim Malcomson, January 1996.

"Worker Co-operation and the Ratchet Effect" with Lorne Carmichael, 1993.

"Supply Side Hysteresis: The Case of the Canadian Unemployment Insurance System," with Thomas Lemieux, 1996.

"Territorial Bargaining" with Lorne Carmichael, 1996.

"Complexity, Contract and the Employment Relationship," mimeo January 1996.

"Complexity, Bounded Rationality, and Heuristic Search," mimeo April 1995.