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We conduct experiments in which subjects participate in both a game that measures preferences for income equality and a public goods game involving costly punishment. The results indicate that individuals who care about equality are those who are most willing to punish free-riders in public...
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No abstract available.
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The costs of comprehensively genotyping human subjects have fallen to the point where major funding bodies, even in the social sciences, are beginning to incorporate genetic and biological markers into major social surveys. How, if at all, should economists use and combine molecular genetic and...
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The endowment effect, the tendency to value possessions more than non-possessions, is a well known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on...
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Following Axelrod's tournaments for strategies in the repeat-play prisoner's dilemma, we ran a ``tournament of party decision rules'' in a dynamic agent-based model of party competition. We asked researchers to submit rules for selecting party positions in a two-dimensional policy space, pitting...
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We analyze a model of a dynamic political competition between two policy-motivated parties under uncertainty. The model suggests that electoral mandates matter: increasing the margin of victory in the previous election causes both parties to shift towards policies preferred by the winner, and...
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