We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite collection of standard deterministic supply functions. We introduce a consistency postulate for a stochastic supply function that may be satisfied even if no underlying...

We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....

Measuring Multi-dimensional Well-being and Deprivation with Discrete Ordinal Data -- Feasible Shared Destiny Risk Distributions -- Fuzzy Inequality Ranking Relations and their Crisp Approximations -- On pro-middle Class Growth -- Inequalities and Identities -- A Generalization of the Theil...

We model a rent-seeking contest among two 'identity ideologues', differentially located along a uni-dimensional identity continuum, and a 'mercenary', who can choose any location in-between. The contest jointly awards an identity-relevant good ('religion') and an identity-irrelevant good...

We examine how within-group inequality, by influencing the group bias of state institutions, affects the cost-benefit calculus of individuals engaging in identity-assertive behaviour, that results in police complaints regarding hate crimes. We develop a two-stage contest model of between-group...

Books reviewed: THEO BALDERSTON (ed), The World Economy and National Economies in the Interwar Slump BRIAN R. COPELAND and M. SCOTT TAYLOR, Trade and the Environment: Theory and Evidence KYLE BAGWELL and ROBERT W. STAIGER, The Economics of the World Trading System PRANAB BARDHAN, International...

We examine the consequences of parental control over choice of wives for sons, for parental incentives to educate daughters, in a dualistic transitional economy, where preferences conflict across generations and the marriage market exhibits competitive dowry payments. Parental control generates...

We analyze conflicts between communities. A community-specific public good, to which members make voluntary contributions, defines communities. Some, but not all, members of one community may contribute towards another community's public good. Such 'bridging' contributions will not occur when...