The relation between economic inequality and trust is studied in a model where the ability to elicit trustworthiness from unrelated people depends on own wealth as well as the distribution and mean of population wealth. In equilibrium, the rich trust but betray while the poor do not trust but...

I study a social debate where individuals are subject to informal sanctions if their expressions or silence signal the opinions of a minority group. Individual preferences are peaked at the expression of true opinions and there is a loss of utility from keeping silent. The model generates...

Evaders of any dues such as local council tax, motor vehicle tax, tv license fees, etc., if detected, can pay promptly the dues plus any fine or postpone, which usually means a larger fine, and potentially imprisonment if payments are not made in full. Dominant among the likely reasons for this...