In explaining individual behavior in politics, economists should rely on the same
motivational assumptions they use to explain behavior in the market: that is what Political …

The greatest obstacle to sound economic policy is not entrenched special interests or
rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases …

Firms use political strategies when attempting to influence public policy decisions. One
common assumption is that firms' political strategies will be less effective if the public policy …

This study addresses multiple‐principal–agent power dynamics in state‐owned enterprises
(SOEs) in emerging markets. We investigate under what conditions agents (CEOs) accede …

Differences between the general public's positive economic views and economists'
resemble other judgemental anomalies: Laypeople and experts systematically disagree. I …

The paper presents a model of 'rational irrationality'to explain why political and religious
beliefs are marked not only by low information (as the notion of rational ignorance …

Revisam-se pesquisas sobre efeitos do Programa Bolsa Família. Há quatro evidências
frequen-tes. A primeira é que o programa tem focalização relativamente boa, mas que pode …

We argue that making lawmakers more accountable to the public by making it easier to
identify their policy choices can have negative consequences. Specifically, we analyze a …

How does culture impact economic life? Is culture like a ball and chain that actors must lug
around as they pursue their material interests? Or, is culture like a tool-kit from which …

Abstract The Austrian School of Economics since WWII has increasingly claimed a unique
position within the scientific community of economists. This paper argues that the most …