Analysis of property tax records and income tax returns in four California counties (used to measure differentials related to Proposition 13 assessment provisions) indicates that less mobile (elderly and lower income) homeowners tended to benefit most.

The default model of economic choice--used in economics instruction and in the bulk of scholarship in microeconomics--assumes that decision makers are selfish. As shown by behavioral scientists, this assumption is consistent with chimpanzee behavior, but inconsistent with human behavior. Unlike...

As demonstrated in experiments by biologists and anthropologists, chimpanzees behave in a manner consistent with two key assumptions of economics--selfish behavior and independent decision-making. In contrast, human behavior is sometimes inconsistent with the assumptions: humans are inclined to...