This paper studies how reputation enforces socially cooperative behavior in road racing in the New Orleans metro area. We find that reputation mechanisms have a much stronger effect for frequent road racers than for members of the New Orleans Track Club. We find that club membership cuts...

This paper studies the effect of property rights regime on farm efficiency, using a high-quality representative sample from Ukraine's agricultural sector. At the farm level, I find that a fully delineated and secure system of property rights leads to large positive gains in efficiency. In...

Efficient constitutional change depends on ability of bargaining parties to overcome such inherent problems of political change as commitment and credibility (Galiani, Torrens, and Yanguas, 2014; Congleton, 2011; Boettke and Coyne, 2009). This paper studies how constitutional bargaining leads to a...

In the aftermath of natural disaster, a speedy and efficient recovery is crucial for socio-economic redevelopment. Political actors have at their disposal a variety of instruments, which can either support rapid and effective rebuilding through making clear and credible commitments to rules of...

The purpose of this paper is to examine and analyze the process of introduction and establishment of the “new and old” institution of property rights in land in Ukraine. This paper consists of a historical overview of property rights in agricultural land. The review starts when Ukraine was a...

Structural explanation of political development offers a finite set of factors that cause democracy to consolidate or not (Acemoglu and Robinson, 2006). This approach is, however, insufficient to explain political development of post-communist countries because it ignores a role of social...

Fair trade gains popularity, while free trade is undergoing more and more criticism. Since international free trade supposedly pollutes the environment, promotes the utilization of sweatshops, exploits child labor, and impoverishes developing countries, fair trade is a preferable alternative...

Academic economists must teach students in principles-level classes the fundamental concepts of economics so that students become informed participants within the democratic process of collective choice over public policy (Boettke, 2012, 2011). Any good student of economics must know the...

The traditional instructional approach combined with standard textbook examples provide a disengaging learning environment for students in introductory statistics courses. This paper proposes and examines an experiential music-based single-class-period learning activity for an introductory...

An emerging body of experimental psychology literature suggests that remote work is associated with virtual meeting fatigue and that the camera that is a salient feature of virtual meetings is a leading cause of this fatigue, with a more pronounced effect on women and employees with shorter...