Edward Chamberlin, who initiated classroom market experiments, used the results of these experiments to argue that competitive equilibrium performs poorly in explaining the outcomes of real markets. Vernon Smith altered the design of Chamberlin's experiment to increase the amount of price...

Edward Chamberlin conjectured that the number of trades in realistic trading systems is likely to exceed that predicted by competitive equilibrium theory. He supported this conjecture by data from a large number of classroom experiments and with a plausible argument based on a numerical example....

In a simple model of day care enrollment and labor supply, we have shown that in countries like Sweden where wages are taxed at about 60\%, the government's tax revenue, net of day care subsidies, is likely to be maximized with subsidies covering more than half of day care costs. In contrast, in...

About 80\% of all societies recorded by anthropologists are polygynous (men have many wives). Even our own society is less monogamous than claimed. This paper attempts to explain such mysteries as why bride prices and dowries are not ``opposites'', why polygamous societies are usually...

We have found several propositions in the economics of information which depend on the log of the cumulative distribution distribution of a random variable being a concave function. In this paper we present several theorems and applications of the property of log-concavity.

This paper explores the workings of stratified societies in which there is primogeniture and where the nobility practice monogamous marriage with a double standard of sexual fidelity. The paper models a simple stratified society and defines the reproductive values of male and female nobility...

This paper presents an evolutionary game theoretic analysis of the dynamics of a population of prisoners' dilemma players where the probability of encountering an cooperator is higher for cooperators than for noncooperators. Examples from biological and cultural evolution are presented. There is...

This paper explores the evolutionary biology of cooperation between relatives playing asymmetric games.

This paper studies the evolutionary game theory of parent-offspring conflict. It revisits a question posed by Gary Becker in economics and Richard Alexander in biology, namely "when do children act in accord with the reproductive interests of their parents?"

This paper seeks useful conditions relating individual preferences to willingness to support specific governmental tax-expenditure proposals. This discussion follows Wicksell in considering only tax-expenditure proposals that specifically tie expenditures to taxes that finance them.