Alcohol occupies an important place in Western societies. It is difficult to imagine a return to prohibition as popularity or even possible. Nevertheless, alcohol is often present in crime. Or stated differently, many crimes are committed by persons that have consumed alcohol and perhaps while...

The battle over immigration reform is a recent manifestation of a long debate over the relationship between the United States and other countries. To economists, these issues are easy. Since at least the work of David Ricardo (1772-1823), economists have known that international trade is...

The Web of today whether you prefer to call it Web 2.0, Web 3.0, Web 5.0 or even the metaverse is at a critical stage of evolution and challenge – largely centered around its crisis of identity. Like teenagers who cannot assess properly their reason for being and do not seem ready to take...

This document is a supplement to a study by the RAND Corporation for Vermont. It represents the views of the author alone, and not of RAND or of the study's other co-authors.It looks at several issues associated with marijuana revenue. First, who might get a break on marijuana taxes?...

Based on the concept promoted by Paul Krugman – “new economy of inequality” – inequality is a process that should and can be viewed from an interdisciplinary perspective. Political life, how to regulate tax matter, the way the economy is thought offers different views on inequality. The...

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

This paper investigates the potential trade balance outcomes of the EPA/EBAI policies in the SADC region using the GTAP7 model and database. The analysis of these policies therefore make conclusion on SADC member states’ changes in trade balance overall, per commodity groups and on overall...

We demonstrate how altruism can flourish in a population of nonaltruists. We assume that each individual plays a one-shot prisoner's dilemma game with his or her sibling and that the probability than an individual survives to reproduce is proportional to his or her payoff in this game. We model...

This paper reports the results of experiments involving a 3-person coalition formation game with an ultimatum bargaining character. The grand coalition was always the efficient coalition decision, whereas the values of the 2-person coalitions are varied such that they lead to an efficiency loss...

We demonstrate how altruism can surge in a population of nonaltruists. We assume that each individual plays a one-shot prisoner's dilemma game with his or her sibling, or with a stranger, and that the probability that an individual survives to reproduce is proportional to his or her payoff in...