Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which requires reasonably accurate public information...

It is widely held that studying economics makes you more selfish and politically conservative. We use a difference-in-differences strategy to disentangle the causal impact of economics education from selection effects. We estimate the effect of four different intermediate microeconomics courses...

Intro -- Series Foreword -- Preface -- I Introduction -- 1 Moral Sentiments and Material Interests: Origins, Evidence, and Consequences -- II The Behavioral Ecology of Cooperation -- 2 The Evolution of Cooperation in Primate Groups -- 3 The Natural History of Human Food Sharing and Cooperation:...

To study the effect of political and institutional changes on the economy, we look at share prices in the Santiago exchange during the tumultuous political events that characterized Chile in the early 1970s. We use a transparent empirical strategy, deploying previously unused daily data and...

Experimental and other evidence demonstrates that many individuals willingly give to strangers, reward good deeds and punish violations of norms by others even at a significant cost to oneself, and favor fellow group members over others. These behaviors exhibit aspects of both altruism ­...

We explore cultural aspects of globalization and provide a model to illuminate some possible effects of globalization on the politics of redistribution within nations. The argument of the paper is as follows. Globalization is an extension of nationalism (not its antithesis) with regard to some...