1. Prologue -- 2. Gut feelings: Biases, heuristics and Covid-19 -- 3. Pathogens and probabilities -- 4. Should we trust people to do the right thing? -- 5. Politics, pathogens and party lines -- 6. Irrational exuberance in the midst of Covid-19 -- 7. Epilogue -- Bibliography -- Index.

Two issues in land tenure contracts in agriculture that have vexed economists are (1) the appearance and co-existence of multiple contracts, often in adjoining plots of land and (2) the choice of a share-cropping contract because a share contract being analogous to a proportional tax, is...

We explore how subjects with heterogeneous beliefs respond to a surprise restart in a linear public goods game played for 20 rounds using either a "partners" or a "strangers" protocol. There are two restarts: one prior to Round 11 and another prior to Round 16. We elicit subject beliefs at the...

In this paper we analyze the factors that affect the choice of land tenure contracts in the semi arid tropics of India. We develop a dynamic principal-agent model with one-sided private information to explain the co-existence of wage, rent and share-cropping contracts. We generate empirically...