Recent research distinguishes an individual's decision utility, inferred from her observed choices, from her experienced utility, which more closely matches the notion of happiness. Using various estimation techniques, we test whether post-choice satisfaction (experienced utility), like decision...

Housing tenure choice has been the subject of a very large literature. Many treatments have sought to estimate the effect of household income on the likelihood of home ownership. To date, no study has ever disaggregated the household income of married couples into the separate labor income...

The paper investigates the effects of the Zimbabwean national culture on enterprise development. In-depth interviews were carried out with fifteen (15) entrepreneurs and seven (7) members of the community whose role was to support entrepreneurs. It was established that the national culture...

Success and failure of enterprise development is dependent on both the entrepreneur and the environment in which entrepreneurial activities take place. The entrepreneur is motivated to start an enterprise if the environment is supportive and is discouraged if the environment is not supportive....

This paper studies mutual consent social networks in which individuals imperfectly monitor others' network ties and have incomplete information about the benefits of network participation. I introduce the Conjectural Pairwise Stability concept, which generalizes Jackson and Wolinsky's (1996)...

"Governments fighting terrorists have many tactical options, yet these options often yield unintended and counterproductive consequences. This paper models a terrorist organization, a religious group from which the terrorists recruit suicide bombers, and the society in which the terrorists are...