David Gordon was a pioneer in the burgeoning field of institutional growth economics, introducing the concept of a ‘social structure of accumulation’, and richly illustrating its usefulness with both econometric and historical studies. Gordon also helped to develop the theory of segmented...

In both experimental and natural settings, incentives sometimes underperform, generating smaller effects on the targeted behaviors than would be predicted for entirely self-regarding agents. A parsimonious explanation is that incentives that appeal to self-regarding economic motives may crowd...