Alcohol consumption is an important component of business negotiations across many cultures, yet this behavior remains unmodeled and its potential implications untested. This paper is a step towards filling that gap. We develop a theory that combines guilt-aversion with a canonical alcohol...

Recently a credibility crisis has taken hold across the social sciences, arguing that a component of Fischer (1935)'s tripod has not been fully embraced: replication. The importance of replications is not debatable scientifically, but researchers' incentives are not sufficient to encourage...