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We make use of data from a Facebook application where hundreds of thousands of people played a simultaneous move, zero-sum game-rock-paper-scissors-with varying information to analyze whether play in strategic settings is consistent with extant theories. We report three main insights. First, we...
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Decades of research on behavioral economics have established the importance of factors that are typically absent from the standard economic framework: reference dependent preferences, hyperbolic preferences, and the value placed on non-financial rewards. To date, these insights have had little...
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This paper explores changes in the relationship betweenrace, income, and criminal victimization over time. Interestin this question is motivated by the widening incomedistribution of the last two decades. Between 1980 and1994, the share of income earned by the top 5 percentof American families...
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