Showing 2,471 - 2,480 of 2,520
We exploit a unique opportunity to study how a large population of players in the field learn to play a novel game with a complicated and non-intuitive mixed strategy equilibrium.  We argue that standard models of belief-based learning and reinforcement learning are unable to explain the data,...
Persistent link: https://www.econbiz.de/10011085123
Trust in political institutions has declined across developed democracies.  One of the main reasons cited for this lack of trust in public opinion polls has been the role of money in politics.  The Supreme Court decisions in Citizens United and McCutcheon, amongst others, have increased the...
Persistent link: https://www.econbiz.de/10011206920
Ethnic residential segregation is usually investigated using a constrained-choice approach. This study explains the variation in post-war Afro-Caribbean segregation in fifteen British cities by means of historical patterns of economic opportunity. Its dependent variable is newly available census...
Persistent link: https://www.econbiz.de/10010701801
It is commonly accepted that the decline of the Wests woollen industry was in large part due to the greater employment of steam power by the Yorkshire industry. Using the account books of the Stroudwater Canal Company, the article examines the role of the Stroudwater Canal in bringing coal to...
Persistent link: https://www.econbiz.de/10010701802
Britain already had a serious unemployment problem in the 1920s, but the situation worsened markedly after 1929. We investigate the cause of the higher rates of unemployment experienced throughout the 1930s. The most obvious explanation, that aggregate demand was weaker in the aftermath of the...
Persistent link: https://www.econbiz.de/10010701803
This paper provides estimates of wage dispersion in nineteenth-century Barcelona and documents the compression of the pay distribution between 1856 and 1905. A decomposition of inequality changes by sector and gender leads to two conclusions. First, that most of the changes occurred within each...
Persistent link: https://www.econbiz.de/10010701804
Persistent link: https://www.econbiz.de/10010701805
This paper provides a case study of the parliamentary enclosure of Stanton Harcourt, Oxfordshire. A collection of nearly eighty letters reveals the often-acrimonious negotiations over the draft clauses of the enclosure bill, and the extent of the concessions needed to overcome opposition to...
Persistent link: https://www.econbiz.de/10010701806
Accounts of the British fertility decline have turned on the rise of the male breadwinner family, which by placing the responsibility for supporting women and children on men converted them to a preference for smaller families. This paper uses working-class autobiography of the eighteenth and...
Persistent link: https://www.econbiz.de/10010701807
The importance of fiscal policy for the inflationary process in Germany in the early 1920s has long been recognised, and at the same time the room for reform has been viewed as very limited. This paper will address this question anew by away of counterfactual analysis. Taking the railways -...
Persistent link: https://www.econbiz.de/10010701808