A scenerio is provided in which a house in Eden Mills, Ontario is a Giffen good. The conditions derived in the example apply to other indivisible goods as well. Journal of Economic Literature classification number: D11.

We use experimental methods to investigate the extent to which breakdowns in coordination can lead to bank runs. Subjects decide whether to leave money deposited in a bank or withdraw it early; a run occurs when there are too many early withdrawals. We explore the effects of randomly forcing...

The plight of multiracial leukemia patients who are unable to find matching stem cell donors has received much media attention. These news stories, while dramatic, are short on statistical information and long on misconceptions. We apply simple probability theory, the genetics of sexual diploid...

We provide simple formulas that can be used to calculate ideal bootstrap or exact recombination estimates of group statistics from experimental data.

This paper looks at cooperation structures that result from a strategic game where players make simultaneous proposals for cooperation. We identify cooperation structures that maximize the potential of the game, and show how the outcome of potential maximization depends on the players' Shapley...

We use a game theoretical framework to analyze the intraday behavior of banks with respect to settlement of interbank claims in a real time gross settlement setting. We find that the game played by banks depends upon the intraday credit policy of the central bank and that it encompasses two...

This paper looks at cooperation structures that result from a strategic game where players make simultaneous proposals for cooperation. We identify cooperation structures that maximize the potential of the game, and show how the outcome of potential maximization depends on the players' Shapley...