A new measure of labor market tightness on workers' behavior--the employment rent--is modeled as a determinant of workplace conflict. An empirical estimate of the employment rent--workers' expected cost of job loss--is calculated. It is argued that the cost of job loss affects strike incidence....

We jointly address two puzzles, namely what accounts for the evolutionary success of both: (a) individually costly and group-beneficial forms of human sociality towards non-kin; and (b) those group-level institutional structures such as food sharing and monogamy which have emerged and diffused...

This paper provides a unified framework for studying the effects of economic (and other) institutions on the evolution of preferences, taking account of conformist cultural transmission, social segregation, and the simultaneous operation of selection processes at the individual and group level....

When asymmetry or non-verifiability of information, or non-excludability of users, makes contracts incomplete or unenforceable, and where for these and other reasons there are impediments to efficient bargaining, we show that private contracting will not generally assign the control of assets...

This study assesses some of the more highly publicized and controversial conclusions of Equality of Educational Opportunity by James S. Coleman et al. The Coleman Report, published by the U.S. Office of Education in 1966, concluded that per-pupil expenditures and school facilities show very...

Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- Tables -- Figures -- Preface -- Acknowledgments -- I. Economics as Politics -- Chapter 1. Economics as If People Mattered -- Chapter 2. Life on the Long Roller Coaster -- Chapter 3. The Obsolescence of New...

Much popular belief--and public policy--rests on the idea that those born into poverty have it in their power to escape. But the persistence of poverty and ever-growing economic inequality around the world have led many economists to seriously question the model of individual economic...

Cover -- The New Economics of Inequality and Redistribution -- Series Editor -- Title -- Copyright -- Dedication -- Contents -- Illustrations -- Figures -- Table -- Preface -- 1: The new economics of inequality and redistribution -- Inequality, institutions, and economic performance -- Market...