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Economic models of reputation make strong assumptions about the information available to players.  In particular, it is assumed that they know the entire history of the game to date.  Such models can seldom reproduce the cycling of reputations we observe in the real world.  We build a model...
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Criminals who wear gang colors are acting in a surprisingly brazen way which must increase the probability of being caught and punished by the police.  In our model this brazen behavior is a solution to an enforcement problem.  The central idea is that less able criminals see lower gains from...
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Internet commerce has made it easier to compare prices and shop online.  However, it has also exposed consumers to a new kind of crime in the form of the electronic theft of payment details.  However the skills required to successfully intercept payment data differ from the skills required to...
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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...
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