Co-Pierre Georg
Description: Suraj Shekhar, Assistant Professor, Ashoka University
economics (1312) assistant (585) psu (142) penn state (111) econ (58) microeconomics (34) ashoka (21) suraj (9) shekhar (3) suraj shekhar (1)
Welcome to my Homepage! I am an Assistant Professor of Economics at Ashoka University , India. My primary research interest is in theoretical microeconomics - models of asymmetric information, cheap talk games, spinoffs, and the impact of regulatory changes on welfare. I also do empirical work relating to social networks and issues in development economics. I graduated from the doctoral program in Economics at The Pennsylvania State University in 2016.
I propose a new channel of spinoff (firm formed when an employee leaves to set up his own firm) formation in which the returns from spinning off are determined endogenously. If high ability workers are scarce, then despite the principal's ability to offer contracts (endogenous cost of signalling), there exists a separating equilibrium where the high type worker signals his ability by forming a spinoff. This result provides theoretical support to the empirical findings of Skogstrom (2012). When moral hazard
with Pathikrit Basu and Souvik Dutta
Co-Pierre Georg