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Are Economists Different, and If So, Why?
Do economists behave differently from noneconomists? Some evidence suggests they do. In a well-known 1981 study in the Journal of Public Economics, Gerald Marwell and Ruth E. Ames found that freeExpand
An Empirical Note on Economic Freedom and Income Inequality
I report estimates for a fixed-effects model of country-level Gini coefficients as a function of economic freedom along with relevant control variables. Gini coefficients are drawn from the UNU/WIDERExpand
The Impact of War on Trade: An Interrupted Times-Series Study
The `trade promotes peace' hypothesis rests upon three premises: (1) Societies achieve salient economic gains from their trading relationships; (2) serious conflict among societies disrupts trade;Expand
An experimental note on the allais paradox and monetary incentives
We test whether violations of expected utility theory in an Allais-paradox environment are sensitive to monetary incentives. Like Harrison (1994), we find that violations are significantly reducedExpand
Principles of Conflict Economics
Conflict economics contributes to an understanding of violent conflict in two important ways. First, it applies economic analysis to diverse conflict activities such as war, arms races, andExpand
When rational choice theory is applied to the study of terrorism, it is important that attention be given to the derived principles of constrained utility maximization. Particularly useful is theExpand
In Search of Synergy: A Structure-Performance Test
T HE conglomerate activity of the sixties has generated considerable interest in the effects of corporate diversification. Enquiry has centered on two related questions-how well do diversified firmsExpand
After presenting some casual evidence about the difference between economists and the rest of the population, first the survey and experimental evidence which has been presented on this topic duringExpand
An experimental study of expressive voting
In this paper we report results of an initial attempt to test the theory of expressive voting. Our experiment involves requiring subjects to vote between receiving $A in cash or having $B donated toExpand
A Business Case for Modeling and Simulation
Abstract : Simulation, once the rarefied domain of engineers, is increasingly subject to scrutiny and management. Once considered something of an oracle, it is now business as usual for manyExpand