Pablo Casas Arce
· Associate ProfessorArizona State University · Accounting
Active 2004–2025
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About
Pablo Casas Arce is an associate professor at the W.P. Carey School of Business at Arizona State University, where he has been a faculty member since 2012. His research focuses on areas including compensation, control systems, the use of accounting information, organizational economics, and corporate governance. His work has been published in top journals such as the Journal of Political Economy, Management Science, Journal of Accounting Research, and The Accounting Review. Prior to his current position, he held faculty appointments at Universitat Pompeu Fabra from 2006 to 2012 and at the University of Oxford from 2003 to 2006. Casas Arce earned his Ph.D. from Harvard University in 2003 and his B.A. from Universitat Pompeu Fabra in Spain in 1998.
Research topics
- Political Science
- Business
- Economics
- Microeconomics
- Public relations
- Computer Science
- Accounting
- Psychology
- Management science
- Finance
Selected publications
Women and Power: Unpopular, Unwilling, or Held Back?
Journal of Political Economy · 2015-05-19 · 133 citations
articleOpen access1st authorCorrespondingWe use Spain’s Equality Law to test for the existence of agency problems between party leaders and their constituents. The law mandates a 40 percent female quota on electoral lists in towns with populations above 5,000. Using pre- and postquota data by party and municipality, we implement a triple-difference design. We find that female quotas resulted in slightly better electoral results for the parties that were most affected by the quota. Our evidence shows that party leaders were not maximizi…
Journal of Accounting Research · 2017-08-10 · 78 citations
article1st authorCorrespondingABSTRACT This paper presents the results from a field experiment that examines the effects of nonfinancial performance feedback on the behavior of professionals working for an insurance repair company. We vary the frequency (weekly and monthly) and the level of detail of the feedback that the 800 professionals receive. Contrary to what we would expect if these professionals conformed to the model of the Bayesian decision maker, more (and more frequent) information does not always help improve pe…
Relative Performance Evaluation and the Ratchet Effect
Contemporary Accounting Research · 2017-12-12 · 44 citations
article1st authorABSTRACT When targets depend on past performance, incentives are adversely affected by the ratchet effect. We provide theory and evidence that incorporating past peer performance into targets can alleviate this adverse incentive effect. In particular, we present an analytical model that characterizes optimal target revisions as a function of past own and past peer performance. We then test the predictions of our model using data on 2008–2010 performance targets from 354 units of a governmental a…
The Accounting Review · 2016-08-01 · 36 citations
article1st authorCorrespondingABSTRACT This paper analyzes the effects of forward-looking metrics on employee decision-making. We use data from a bank that started providing branch managers with the customer lifetime value (CLV)—an estimate of the future value of the customer relationship—of mortgage applicants. The data allow us to gauge the effects of enriching the employees' information set in an environment where explicit incentives and decision rights remained unchanged. On average, customer value increased 5 percent af…
Management Science · 2018-04-30 · 23 citations
article1st authorCorrespondingAfter a contract is signed, contracting partners may engage in opportunistic behavior aimed at circumventing the original intention of the agreement governing their business relationship, complying with the letter but not the spirit of the contract. We use an incomplete contracts approach to show that the anticipation and observability of such behavior are typically not enough to prevent it when parties can renegotiate contractual outcomes. This is because contractually specified incentives inev…
Frequent coauthors
- 12 shared
F. Asís Martínez-Jerez
Cornell University
- 9 shared
Francisco de Asís Martínez-Jerez
Cornell University
- 6 shared
Albert Sáiz
- 6 shared
V.G. Narayanan
- 4 shared
Michal Matějka
- 4 shared
Francisco de Asis Martinez Jerez
- 3 shared
Sven Modell
- 3 shared
Raffi Indjejikian
University of Michigan–Ann Arbor
Education
- 2003
Ph.D.
Harvard University
- 1998
B.A.
Universitat Pompeu Fabra, Spain
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