This paper explores what a critical commentary on micro principles texts might look like, examining what is to be critiqued and how to do it.

Teaching economics has been shown to encourage students to defect in a prisoner's dilemma game. However, can ethics training reverse that effect and promote cooperation? We conducted an experiment to answer this question. We found that students who had the ethics module had higher rates of...

This paper provides a sufficient condition under which the optimal policy of a monopolistic seller who is considering the tradeoff between price discrimination and information disclosure is at one of two extremes: either buyers are given access to all the available information, or the seller...

How would the tariff rate in a political economy respond to changes in exogenous environment? To answer this question a bargain-theoretic approach is adopted and a tariff-endogenous general equilibrium model of a small open political economy is derived. A comparative static analysis of the model...

Let M and N be the set of minimizers of a function f over respective subsets K and L of a lattice, with K being lower than L. This paper characterizes the class of functions f for which M is lower (resp., weakly lower, meet lower, join lower, chain lower) than N for all K lower than L. The...

Child labor laws should aim to protect children who work, instead of trying to remove children from work. In this paper, we identify an instance when the risk of exploitation lowers the expected bene…t of child labor to the child,and therefore suppresses child labor force participation....

We extend the “general model” in Basu and Van (1998) to allow for different types of hosueholds, and extend the model in Swinnerton and Rogers (1999) to allow for a more general utility function. Our new findings are (i) while in some contexts, a more equal income distribution can reduce or...

We develop a model of exploitative child labor with two key features: first, parents have imperfect information about whether employment opportunities available to their children are exploitative or not. Second, firms choose whether or not to exploit their child workers. In our model, a ban on...

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...