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What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World
A critical question facing experimental economists is whether behavior inside the laboratory is a good indicator of behavior outside the laboratory. To address that question, we build a model inExpand
Understanding Why Crime Fell in the 1990s: Four Factors that Explain the Decline and Six that Do Not
Crime fell sharply in the United States in the 1990s, in all categories of crime and all parts of the nation. Homicide rates plunged 43 percent from the peak in 1991 to 2001, reaching the lowestExpand
Understanding the Black-White Test Score Gap in the First Two Years of School
In previous research, a substantial gap in test scores between white and black students persists, even after controlling for a wide range of observable characteristics. Using a newly available dataExpand
Using Electoral Cycles in Police Hiring to Estimate the Effect of Policeon Crime
Previous empirical studies have typically uncovered little evidence that police reduce crime. One problem with those studies is a failure to adequately deal with the simultaneity between police andExpand
The Impact of Legalized Abortion on Crime
There is evidence that legalized abortion has contributed significantly to recent crime reductions, and legalized abortion appears to account for as much as 50 percent of the recent drop in crime. Expand
The Effect of Prison Population Size on Crime Rates: Evidence from Prison Overcrowding Litigation
Previous studies of the impact of changes in prisoner populations on crime rates have failed to adequately control for the simultaneity between those two variables. While increases in the number ofExpand
Why are Gambling Markets Organized so Differently from Financial Markets?
The market for sports gambling is structured very differently from the typical financial market. In sports betting, bookmakers announce a price, after which adjustments are small and infrequent.Expand
Using Big Data to Estimate Consumer Surplus: The Case of Uber
Estimating consumer surplus is challenging because it requires identification of the entire demand curve. We rely on Uber’s “surge” pricing algorithm and the richness of its individual level data toExpand
The Black-White Test Score Gap Through Third Grade
This paper describes basic facts regarding the black-white test score gap over the first four years of school. Black children enter school substantially behind their white counterparts in reading andExpand
Juvenile Crime and Punishment
Over the last two decades the punitiveness of the juvenile justice system has declined" substantially relative to the adult courts. During that same time period juvenile violent crime" rates haveExpand