Status beliefs link social distinctions, such as gender and race, to assumptions about competence and social worth. Recent modeling work in status construction theory suggests that interactions in small, task focused groups can lead to the spontaneous emergence and diffusion of such beliefs in...

In this paper, an agent-based computational capital asset pricing model is applied to address an issue, known as the elasticity puzzle, originating from a famous reciprocal relation between the elasticity of intertemporal substitution (EIS) and the relative risk aversion (RRA) coefficient. By...