A standard conception of meritocracy, reflected in state referenda and the many legal filings against university admissions policies, is that assignment rules should be blind to group identity and monotonic in measures of past accomplishment. We present theoretical arguments and a survey of...

Although the incidence of robbery has declined sharply since the early 1990s, the proportion of robberies resulting in victim injury has increased and the rate of victim resistance has remained relatively stable. We provide a theoretical explanation for these trends. Deterrence policies that...

One approach to the modeling of bounded rationality in strategic environments is based on the dynamics of evolution and learning in games. An entirely different approach has been developed recently by Osborne and Rubinstein (1998). This latter approach is static and equilibrium based, but relies...