This paper propose an experimental approach to studying different aspects of discrimination. Experiment participants played various games with opponents of distinct ethnic affiliation. When strategic choices depend upon this ethnic affiliation, we gain direct evidence of ethnic discrimination.

This survey combines ideas and results from sociology and economics, recognizing that economic decisions are often shaped by social concerns and influences. Based on the sociological literature, we define social status and describe its measurement. We then describe the role of social status in...

This paper examines the role of social rewards as a corrective mechanism for activities which generate externalities. The focus of this paper is the circumstances under which sicial rewards provide effective and feasible incentive mechanism that may replace laws and regulations.

In this paper we extend the collusion framework to allow for heterogeneity among firms, investment, entry and exit. The focus is on a model with symmetric information in which it is hard to sustain collusion when either; one of the firms does not keep up with the advances of its competitors...

In designing public policy it is not enough to consider the possible reaction of individuals to the chosen policy. Public policy may also affect the formation of preferences and norms in a society. The endogenous evolution of preferences, in addition to introducing a conceptual difficulty in...