We report the results of an experiment which investigates the impact of the manner in which likelihood information is presented to decision-makers on valuations assigned to lotteries. We find that subjects who observe representative sequences of outcomes attach higher valuations to lotteries...

Violations of expected utility theory are sometimes attributed to imprecise preferences interacting with a lack of learning opportunity in the experimental laboratory. This paper reports an experimental test of whether a learning opportunity which engenders accurate probability assessments, by...

Are adverse sex ratios in India largely due to intra-household discrimination of females? Received wisdom holds that the answer is ‘yes’. We have two reasons to doubt this. First, we show that poverty is associated with better, not worse, sex ratios in India. Second, we quantify the...

Using household panel data for rural India covering 1993–94 and 2004–5, we test whether scheduled castes (SCs) and other minority groups perform better or worse in terms of income when resident in villages dominated by (i) upper castes or (ii) their own group. Theoretically, upper-caste...

<title>A<sc>bstract</sc> </title> We provide a comprehensive up-to-date review of the large body of theory and evidence on the linkages between trade liberalisation and gender inequality in income, as well as two of the latter's key underlying determinants: wages and employment. On balance, the evidence for developing...

Economists have focused on job search and supply-side explanations for network effects in labour transactions. This paper develops and tests an alternative explanation for the high prevalence of network-based labour market entry in developing countries. In our theoretical framework, employers...

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