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American Economic Review

Vol. 98, No. 1, March 2008


Articles



Evolution and Intelligent Design (pp. 5-37)
Thomas J. Sargent
Abstract/Tools | Full-Text Article (Complimentary)


Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show (pp. 38-71)
Thierry Post, Martijn J. van den Assem, Guido Baltussen and Richard H. Thaler

Rational Expectations in Games (pp. 72-86)
Robert J. Aumann and Jacques H. Dreze

Asymmetric Auctions with Resale (pp. 87-112)
Isa Hafalir and Vijay Krishna

Optimal Gerrymandering: Sometimes Pack, but Never Crack (pp. 113-44)
John N. Friedman and Richard T. Holden

When Does Coordination Require Centralization? (pp. 145-79)
Ricardo Alonso, Wouter Dessein and Niko Matouschek

On the Empirical Content of Quantal Response Equilibrium (pp. 180-200)
Philip A. Haile, Ali Hortaçsu and Grigory Kosenok

A Dynamic Theory of Public Spending, Taxation, and Debt (pp. 201-36)
Marco Battaglini and Stephen Coate

Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured US Electricity Markets (pp. 237-66)
James B. Bushnell, Erin T. Mansur and Celeste Saravia

Persistence of Power, Elites, and Institutions (pp. 267-93)
Daron Acemoglu and James A. Robinson

Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States (pp. 294-310)
Iris Bohnet, Fiona Greig, Benedikt Herrmann and Richard Zeckhauser

Female Socialization: How Daughters Affect Their Legislator Fathers (pp. 311-32)
Ebonya L. Washington

The Mystery of Monogamy (pp. 333-57)
Eric D. Gould, Omer Moav and Avi Simhon

An Equilibrium Model of "Global Imbalances" and Low Interest Rates (pp. 358-93)
Ricardo J. Caballero, Emmanuel Farhi and Pierre-Olivier Gourinchas

Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability? (pp. 394-425)
Lucia Foster, John Haltiwanger and Chad Syverson

Shorter Papers



On the Evolution of Firm Size Distributions (pp. 426-38)
Paolo Angelini and Andrea Generale

Growth Dynamics: The Myth of Economic Recovery (pp. 439-57)
Valerie Cerra and Sweta Chaman Saxena

Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales (pp. 458-73)
Jonathan Guryan and Melissa S. Kearney

A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence (pp. 474-95)
Marjorie Flavin and Shinobu Nakagawa

A Simple Auction Mechanism for the Optimal Allocation of the Commons (pp. 496-518)
Juan-Pablo Montero

The Dynamic Behavior of the Real Exchange Rate in Sticky Price Models (pp. 519-33)
Jón Steinsson

Collective Memory, Cultural Transmission, and Investments (pp. 534-60)
Roberta Dessí

Bureaucrats or Politicians? Comment (pp. 561-62)
Fuhito Kojima