According to <link rid="b26">Pareto (1896)</link>, the distribution of income depends on "the nature of the people comprising a society, on the organization of the latter, and, also, in part, on chance." In the model developed here the "nature of the people" is captured by attitudes toward marriage, divorce,...

State-wide reports on police traffic stops and searches summarize very large populations, making them potentially powerful tools for identifying racial bias, particularly when statistics on search outcomes are included. But when the reported statistics conflate searches involving different...

We present a model incorporating both social and economic components and analyze their interaction. The notion of a "social asset", an attribute that has value only because of the social institutions governing society, is introduced. In the basic model, agents match on the basis of income and...