W. Bentley MacLeod is Professor and Research Scholar at Princeton University, the Sami Mnaymneh Professor Emeritus of Economics and Professor Emeritus of International and Public Affairs at Columbia University. He was previously Professor of Economics and Law at the University of Southern California and Visiting Professor of Economics at Princeton University (2003/2004), California Institute of Technology (2002) and most recently the Leon Levy Member at the Institute for Advanced Studies (2011-12). He holds a Ph.D. from the University of British Columbia. He is a fellow of the Econometric Society and the Society of Labor Economists.

MacLeod's areas of research and teaching are contract theory with applications in the fields of Law and Economics, Industrial Organization, and Labor Economics. His work is mainly concerned with understanding incentive contracts in dynamic settings, and how optimal contracts are the consequence of a complex interplay between reputation effects, market competition and social norms.

He joined IZA as a Research Fellow in November 2003 and served as Program Director of IZA's Behavioral and Experimental Economics program from January 2004 until June 2007.


IZA Publications

IZA Discussion Paper No. 7306
published in: Journal of Law, Economics, and Organization, 2014; doi: 10.1093/jleo/ewu005
IZA Discussion Paper No. 7063
published in: Paul Glewwe (ed.), Education Policy in Developing Countries, Chapter 7, University of Chicago Press, 2013
IZA Discussion Paper No. 5357
published in: O. Ashenfelter and D. Card (eds.), Handbook of Labor Economics, Vol. 4B, Chapter 18, Amsterdam: Elsevier, 2011
IZA Discussion Paper No. 5352
published in: Robert Gibbons and John Roberts (eds.) Handbook of Organizational Economics, Princeton University Press, 2012
IZA Discussion Paper No. 3435
revised version published in: Journal of Labor Economics, 2015, 33 (3), 571-590
IZA Discussion Paper No. 2850
published in: Quarterly Journal of Economics, 2009, 124 (1), 1-49
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