The experimental study "Letting Down the Team? Social Effects of Team Incentives" by Philip Babcock and colleagues (2015) proposes that team incentives significantly enhance individual performance through social pressure and peer effects. The findings suggest that individuals are motivated by a...

The need to insure against idiosyncratic income risk leads to the formation of risksharing groups in village economies where formal financial markets are absent. We develop a theoretical model to address the impact of limited commitment and social control on the extent of informal risk sharing...

Authoritarian regimes often rely on targeting - unequal application of the law to isolate internal "enemies." At the same time, modern autocrats' methods of social control appear less draconian than those in the past. This study analyzes a dynamic model of authoritarian control. In the model, a...