A, Akerlof George; Rachel, Kranton - In: The Economists' Voice 7 (2010) 2, pp. 1-3
Why have the relative rates of women smoking grown so much in the last 100 years? How can the U.S. military do so well with a relatively flat pay scale? Standard economics hasn't a clue, but according to Berkeley economist George Akerlof and Duke economist Rachel Kranton, the answers lie in a...