In an effort to combat childhood obesity, many schools have banned the sale of carbonated beverages on school grounds. I evaluate the effectiveness of these measures by investigating their impact on household carbonated beverage consumption. I match households in Nielsen Homescan Data to their...

We study two-player common-value all-pay auctions (contests) with asymmetric information under the assumption that one of the players has an information advantage over his opponent and both players are budget-constrained. We generalize the results for all-pay auctions with complete information,...

This paper shows that there does not exist a social choice function that satisfies strategy-proofness, Pareto-efficiency and equal treatment of equals simultaneously, in classical exchange economies. This result establishes the incompatibility of fairness and efficiency in strategy-proof social...

We identify a declining trend in the intergenerational mobility of men’s family income in the United States for sons aged 36-45 between 1997 and 2011, corresponding to fifteen successive rolling ten-year cohort-groups born between 1952 and 1975. Using PSID data to 2008, we first predict...

Under standard assumptions about players'cost functions, we show that a Tullock contest with asymmetric information has a pure strategy equilibrium. Next we study Tullock contests in which players have a common value and a common state-independent linear cost function. A two-player contest in...

Kingston (1976) and Anderson (1977) show that the probability that a given contestant wins a best-of-2k+1 series of asymmetric, zero-sum, binary-outcome games is, for a large class of assignment rules, independent of which contestant is assigned the advantageous role in each component game. We...