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We take advantage of our knowledge of the neural circuitry of reward to investigate a puzzling economic phenomenon: Why do people overbid in auctions? Using functional magnetic resonance imaging (fM...
The performance of the Japanese economy in the last forty-five years, during which it has gone from post-war destitution and near collapse to one of the richest and most productive in the world, is un...
This study compares the reading and mathematics proficiency of charter school students to that of their fellow students in neighboring public schools. Ninety-nine percent of all elementary students in...
We conduct a series of field experiments to evaluate two competing views of the role of financial service intermediaries in providing product recommendations to potentially uninformed consumers. One v...
This essay, which highlights some of the major contributions that Howard Gardner has made to creativity research, contrasts his approach to my own. While he analyzed cases of "Big C" (world-renowned c...
W.E.B. DuBois’s 1903 words are prophetic, as he proclaims the importance of an issue with which we are still grappling in the twenty-first century—race. As contributors to this volume, we were asked t...
Electricity deregulation has aroused concern that environmental quality might be harmed by consumer preferences for cheap, “dirty” (e.g., coal) electricity products, despite the perhaps stronger influ...
People respond to those who ask. Within the charitable fundraising community, the power of the ask represents the backbone of most fundraising strategies. Despite this, the optimal design of communica...
The distribution of returns in nancial time series exhibits heavy tails. In empirical studies, it has been found that gaps between the orders in the order book lead to large price shifts and thereby ...
In this paper, I discuss three lines of work that have elucidated mechanisms n this paper, I discuss three lines of work that have elucidated mechanisms that are relevant for development: 1) connecti...
The article discusses the effects of the merger boom on community banks in the U.S. It recalls the drop in the number of small community banks during the bank merger boom and mentions some of the rela...
This article profiles the recent evolution and consequences of banking sector globalization. After presenting trends in international banking, the article overviews macroeconomic consequences of banki...
The article discusses reforms in the Turkish banking sector and explores the path to financial liberalization. The amount of supervision and regulation in the banking sector following financial crises...
Papua New Guinea, with its heavy dependence on natural resources, limited economic development in the past two decades, poor record of governance and high-profile separatist conflicts such as the Boug...

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