Evidence from five general-interest journals in economics reveals an inverse relationship between author seniority and the number of colleagues whom authors choose to thank and acknowledge. The large seniority effect is insensitive to the inclusion of controls for the number of co-authors,...

Abstract In this paper, we argue that there is strategic complementarity in criminal behavior. Strategic complementarity arises because the apprehension probability that affects the crime rate depends on the crime rate itself. The natural consequence is the possible multiplicity of the...

This paper focuses on tacit versus explicit uses of plural performance metrics as a primary methodological characteristic. This characteristic usefully distinguishes two schools of normative analysis and their approaches to normative interpretations of bounded rationality. Both schools of...

This paper analyses housing price dynamics in and outside of Telecom Corridor, a region near Dallas, Texas, with a high concentration of new economy firms. Using separate home price indexes in and outside this region, the paper tests whether home values are more volatile in the new economy area...

For a research program that counts improved empirical realism among its primary goals, it is surprising that behavioral economics appears indistinguishable from neoclassical economics in its reliance on ‘as-if ’ arguments. ‘As-if ’ arguments are frequently put forward in behavioral...

This paper presents new data on entrepreneurs' self-described decision processes when choosing where to locate, based on scripted interviews with business owners. Consideration sets and quantities of information acquisition are surprisingly small, especially among entrepreneurs who are...

This paper investigates factors that influence trust and advice taking among retail investors when consulting with financial advisors and making real-world portfolio decisions. The data reveal that non-expert retail investors trust their advisors a lot. Trust formation appears to be well...