deviation (in beliefs, utility, or perceived prices) is within e of expected utility theory. The number e can then be used as a … distance to the theory. We apply our methodology to three recent large-scale experiments. Many subjects in those experiments …

-driven theory of dynamic pricing in which the Phillips curve slope is endogenous to systematic aspects of monetary policy. In our …

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate …

consistent in revealing that groups behave closer to the game-theoretical assumption of rationality and selfishness than …

This paper estimates the impacts of climate change in sub-Saharan Africa (SSA) on migration and other economic outcomes …

Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are … investigate the political determinants of road paving in West Africa across the 1965-2012 period. Controlling for geography and … networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa’s interior …

The importance of the prehistoric migration of anatomically modern humans from Africa for comparative economic …