Tessa Bold

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Biography

My research interests are: Applied microeconomics and microeconometrics, microeconomic foundations of macroeconomics, group and network formation, contract theory, public and organizational economics, political economy.

Most of my research focuses on the theory and empirics of both dynamic and static risk-sharing contracts under incomplete enforcement and how issues of group and network formation in insurance groups affect the properties of the equilibrium contract. I am currently also working on models of optimal contract design and incentive provision in public service delivery. Applications include the education and health sector in developing country bureaucracies. Finally, I am interested in game-theoretic models of electoral behaviour and have been involved in a study on ethnic voting and political violence in the 2007 Kenyan elections.

Bold, T., ‘Implications of endogenous group formation for efficient risk-sharing’, Economic Journal, forthcoming.

Bold, T., Public service delivery: Education’, in Adam, C., P. Collier and N. Ndung'u (eds.), Kenya: Policies for Prosperity, Oxford: Oxford University Press, forthcoming 2010.

Bold, T. and S. Dercon, ‘Contract design in insurance groups’, CSAE Working Paper 004, 2009.