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How well does competitive theory explain the outcome in experimental markets? The authors examined the results of a large number of classroom trading experiments that used a pit-trading design found in Experiments with Economic Principles, an introductory economics textbook by Bergstrom and...
Persistent link: https://www.econbiz.de/10005600605
This paper addresses the question of whether our evolutionary history suggests that humans are likely to be individually selected selfish maximizers or group selected altruists. It surveys models from the literature of evolutionary biology in which groups are formed and dissolved and where the...
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Transplants of donated stem cells save the lives of many patients with blood diseases. Donation is somewhat painful, but rarely has lasting adverse effects. Patients can accept transplants only from donors with compatible immune systems. Those lacking a sibling match must seek donations from the...
Persistent link: https://www.econbiz.de/10005405794
This paper is an advertisement for some facts and ideas that I think likely to lead to a richer theory of the economics of the family. The discussion references many papers from anthropology and biology. Because of the intimate connection between the family and reproduction, it should not be...
Persistent link: https://www.econbiz.de/10005408332
Gary Becker devotes a chapter of his Treatise on the Family to Polygamy and Monogamy in marriage markets. The inclusion of polygamy in his analysis is more than an intriguing curiosum. Although overt polygamy is rare in our own society, it is a very common mode of family organization around the...
Persistent link: https://www.econbiz.de/10005417208
This paper explores the workings of stratified societies in which there is pri- mogeniture and where the nobility practice monogamous marriage with a double standard of sexual fidelity. The paper models a simple stratified society and defines the reproductive values of male and female nobility...
Persistent link: https://www.econbiz.de/10005466652