Pritha Dev

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State space, a key element of the Subjective Expected Utility (SEU) theory, is not observable. This implies that, in order to test the SEU theory, it is necessary to assume some state space. Consequently, if the SEU theory is rejected, then it is appropriate to conduct a robustness check; that is, to search for a different state space and a probability over(More)
We study the causes of inequality in human capital accumulation across ethnic and religious groups. An overlapping generations model in which agents decide how much time to invest in human capital versus ethnic capital shows that the demand for human capital is affected positively by parental and group’s older cohort human capital, and negatively by group(More)
This paper looks at the role of identity in the fragmentation of networks by incorporating the choice of commitment to identity characteristics, into a noncooperative network formation game. The Nash network will feature divisions based on identity, moreover, it will have layers of such divisions. Using the refinement of strictness, I get stars of highly(More)
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