Humans are social animals but sometimes stay alone. The paper investigates the connection between an intraperson game and an interperson interaction. Motivated beliefs supplied from memory management due to present bias in the individual investment problem give rise to a positive spillover on...

Alcohol taxation is an important policy instrument for correcting for market failures associated with excessive alcohol consumption. This paper examines the beverage-specific negative externalities by providing empirical evidence linking ten alcohol beverage types to drink driving and hazardous,...

This paper introduces a new bootstrap approach to the construction of confidence regions for Average Treatment Effect (ATE) identified sets. Minimum Hausdorff distance bootstrap confidence regions are developed and shown to be valid under suitable regularity. A novel measure of the discrepancy...