Empirical research has shown that electoral engagement is positively correlated with income at the individual level. At the same time, the aggregate relationship between income inequality and electoral turnout is still unclear. While most studies show a negative impact of inequality over...

The severe economic crisis facing several countries in the region has led many observers to predict a backlash against market policies and even against democracy in the region. An economic crisis of such proportions should also, in theory, have negative effects on subjective well being. Our...

We present a theoretical exploration of the role of tokens in resource allocation in small-scale economies with a static selection of goods and services. We derive the conditions for efficiency and fairness of the allocation of resources, and we discuss the implications of these conditions for...

Discrimination is a pervasive aspect of modern society and human relations. Statistical discrimination theory suggests that profit-maximizing employers should use all the information about job candidates, including information about group membership (e.g., race or gender), to make accurate...

Do people with different views of what is fair attribute different intentions to actions? In a novel experimental design, participants were significantly more likely to attribute a no-redistribution vote to selfishness if they considered redistribution fair. I define this - attributing actions...

Using the results of a pre-registered online experiment, this paper examines how information about a corruption in a group can affect intergroup relations. Corruption indices are not only a valuable tool for investors and policymakers to make informed decisions, but can also lead to statistical...

An adapted version of ”the trust game with revenge” is applied to a Swedish setting. Senders - the first-movers - can keep an endowment of SEK 30, or give fractions or all to an unknown receiver. Donations are multiplied by five before reaching receivers, who may, or may not, send back part...

This paper addresses three questions: (1) When deciding on whether to reward or punish someone, how does how you think others expect you to behave affect your decision? (2) Does it depend upon whether others expect you to reward them vs. punish them? (3) What is the interpretation of such a...

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

¿El Perú se escapará esta vez de “la maldición de los recursos naturales”? ¿Podrá usar los abundantes recursos que genera la minería hoy, para cerrar las brechas sociales y reorientar su economía para mañana? ¿Podrá limitar los impactos ambientales y sociales negativos, que las...