The Performance of Performance Standards

Authors

311 Authors Pascal Courty is a research fellow of the Centre for Economic Policy Research . In 2009 he joined the University of Victoria from the European University Institute, where he was a professor of economics. He was previously associate professor at the London Business School, and assistant professor at University Pompeu Fabra. He has taught at the University of Chicago GSB, Universitat Autònoma de Barcelona, and the Hong Kong School of Business . He received a PhD from the University of Chicago. Professor Courty has contributed to the fields of industrial organization, labor economics, personnel economics, and law and economics. His work is applied, and he has contributed to questions related to congestion pricing, resale markets for tickets, pop concert pricing, the design of incentives in government organizations, gaming in performance measurement systems, and the sorting of physicians in medical specialties. His work has been published in leading academic journals such as the American Economic Review, Review of Economics Studies, Journal of Economics and Statistics, Journal of Labor Economics, Journal of Law and Economics, Journal of Economic Perspective, Economic Journal, and Journal of Human Resources. James J. Heckman is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, where he has served since 1973. In 2000, he shared the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Daniel McFadden. Heckman directs the Economics Research Center and the Center for Social Program Evaluation at the Harris School for Public Policy. In addition, he is professor of science and society in University College Dublin and a senior research fellow at the American Bar Foundation. Heckman received a BA in mathematics from Colorado College in 1965 and a PhD in economics from Princeton University in 1971. His work has been devoted to the development of a scientific basis for economic policy evaluation, with special emphasis on models of individuals and disaggregated groups, and to the problems and possibilities created by heterogeneity , diversity, and unobserved counterfactual states. He developed a body of new econometric tools that address these issues. His research has given policymakers important new insights into areas such as education, job training, the importance of accounting for general equilibrium in the analysis of labor markets, antidiscrimination law, and civil rights. His recent research focuses on inequality, human development, and life cycle skill formation, with a special emphasis on the economics of early childhood. He is currently conducting new social experiments on early childhood interventions and reanalyzing old 312 Authors experiments. He is also studying the emergence of the underclass in the United States and Western Europe. Carolyn J. Heinrich is the Director of the La Follette School of Public Affairs , Professor of Public Affairs and Affiliated Professor of Economics, and a Regina Loughlin Scholar at the University of Wisconsin–Madison. She earned a PhD at the University of Chicago in 1995. In August 2011, she will assume the Sid Richardson Chair in Public Affairs and the Directorship of the Center for Health and Social Policy at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. Her research focuses on public management and performance management and the implementation and evaluation of education, employment and training, and other human capital development and social welfare programs and policies. She is the author of more than 50 peer-reviewed publications, including articles in the Journal of Human Resources , Journal of Labor Economics, American Economic Review, Review of Economics and Statistics, Review of Economics of the Household, World Development, Journal of Policy Analysis and Management, Journal of Public Administration Research and Theory, Public Administration Review, and four coauthored/edited books. In 2004, she received the David N. Kershaw Award for distinguished contributions to the field of public policy analysis and management by a person under the age of 40. Gerald Marschke is associate professor of economics at the University at Albany, SUNY. He has also taught at Harvard University and the University at Buffalo, State University of New York. Marschke is a faculty research fellow of the National Bureau of Economic Research and a research fellow at the Institute for the Study of Labor. From 2008 to 2010, he was a Wertheim Fellow with the Labor and Worklife Program at Harvard Law School. He received a PhD in economics in 1997 from the University of Chicago, where he had also been a research associate at the Center for Social Program Evaluation (directed by James J. Heckman). Marschke’s research has spanned the fields...