Similarity of Information and Collective Action

By Deepal Basak, Joyee Deb, and Aditya Kuvalekar

American Economic Review, April 2026

We study a canonical collective action game with incomplete information. Individuals attempt to coordinate to achieve a shared goal, while also facing a temptation to free-ride. More similar information can help them coordinate, but it can also exacerbate...

Sensitivity to Exogeneity Assumptions in Program Evaluation

By Guido W. Imbens

American Economic Review, May 2003

Market Design: The Policy Uses of Theory

By John McMillan

American Economic Review, May 2003

Economic Behavior in Political Context

By Larry M. Bartels and Henry E. Brady

American Economic Review, May 2003

Inviting political scientists to tell economists how they could do better work is an act of disciplinary generosity. The reality is that contemporary political science is a net importer of ideas and methods from other disciplines, and from none more than ...

A Picture Is Worth a Thousand Symbols: A Sociologist's View of the Economic Pursuit of Truth

By Joel M. Podolny

American Economic Review, May 2003

Testing Political Economy Models of Reform in the Laboratory

By Timothy N. Cason and Vai-Lam Mui

American Economic Review, May 2003

Impact of Immigration on Prenatal Care Use and Birth Weight: Evidence from California in the 1990's

By Catalina Amuedo-Dorantes and Kusum Mundra

American Economic Review, May 2003

Changes in the Distribution of Children's Family Income over the 1990's

By Rebecca M. Blank and Robert F. Schoeni

American Economic Review, May 2003

Social Security and Individual Accounts as Elements of Overall Risk-Sharing

By Robert J. Shiller

American Economic Review, May 2003

Comparing the Risks of Social Security with and without Individual Accounts

By Sita Nataraj and John B. Shoven

American Economic Review, May 2003

Minutes of the Annual Meeting Washington, DC January 4, 2003

American Economic Review, May 2003

Optimal Pricing Mechanisms with Unknown Demand

By Ilya Segal

American Economic Review, June 2003

The standard profit-maximizing multiunit auction intersects the submitted demand curve with a preset reservation supply curve, which is determined using the distribution from which the buyers' valuations are drawn. However, when this distribution is unkno...

One Size Fits All? Heckscher-Ohlin Specialization in Global Production

By Peter K. Schott

American Economic Review, June 2003

This paper introduces a new technique for testing the Heckscher-Ohlin model that allows for the possibility that countries with sufficiently disparate endowments specialize in unique subsets of goods. Results based upon industry-level data reject one-size...

A Theory of Defensive Skill-Biased Innovation and Globalization

By Mathias Thoenig and Thierry Verdier

American Economic Review, June 2003

This paper considers a dynamic model of innovations in which firms can endogenously bias the direction of technological change. Both in a North-North and North-South context, we show that, when globalization triggers an increased threat of technological l...

Forward and Backward Intergenerational Goods: Why Is Social Security Good for the Environment?

By Antonio Rangel

American Economic Review, June 2003

This paper studies the ability of nonmarket institutions to invest optimally in forward intergenerational goods (FIGs), such as education and the environment, when agents are selfish or exhibit paternalistic altruism. We show that backward intergeneration...

Can Mandated Political Representation Increase Policy Influence for Disadvantaged Minorities? Theory and Evidence from India

By Rohini Pande

American Economic Review, September 2003

A basic premise of representative democracy is that all those subject to policy should have a voice in its making. However, policies enacted by electorally accountable governments often fail to reflect the interests of disadvantaged minorities. This paper...

Constitutional Rules and Fiscal Policy Outcomes

By Torsten Persson and Guido Tabellini

American Economic Review, March 2004

We investigate the effect of electoral rules and forms of government on fiscal policy outcomes in a large sample of democracies. We rely on different estimation methods to address prospective problems of statistical inference, due to nonrandom selection o...

Bidder Discounts and Target Premia in Takeovers

By Boyan Jovanovic and Serguey Braguinsky

American Economic Review, March 2004

On news of a takeover, the sum of the stock market values of the firms involved often falls, and the value of the acquirer almost always does. Does this mean that takeovers do not raise the values of the firms involved? Not necessarily. We set up a model ...

Costly Voting

By Tilman Borgers

American Economic Review, March 2004

What are good voting rules if voting is costly? We analyze this question for the case that an electorate chooses among two alternatives. In a symmetric private value model of voting we show that majority voting with voluntary participation Paretodominates...

Factor Proportions and the Structure of Commodity Trade

By John Romalis

American Economic Review, March 2004

This paper examines how factor proportions determine the structure of commodity trade. It integrates a many-country version of a Heckscher-Ohlin model with a continuum of goods with Paul R. Krugman's (1980) model of monopolistic competition and transport ...