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Jeffrey A. Friedman

October 2025

This article analyzes more than 60,000 assessments of uncertainty made by national security officials from more than forty NATO allies and partners. The findings show that national security officials are overwhelmingly overconfident and that their judgments are especially prone to false positives....

Catherine Molho, Ivan Soraperra, Jonathan Schulz, and Shaul Shalvi

vol. 9, October 2025, p. 2199–2211

Impersonal prosociality is considered a cornerstone of thriving civic societies and well-functioning institutions. Previous research has documented cross-societal variation in prosociality using monetary allocation tasks such as dictator games. Here we examined whether different societies may rely...

David Martimort, and Wilfried Sand-Zantman

vol. 34, n. 3, October 2025, pp. 696–713

We analyze the effect of media mergers in a model that stresses, on the one hand, the fact that media are two-sided platforms willing to attract advertisers and viewers and, on the other hand, that strong competitors have emerged to challenge traditional media on both sides. We show that a merger...

Daniel L. Chen, Vardges Levonyan, and Susan Yeh

vol. 127, n. 4, October 2025, pp. 880–911

Sheina Lew-Levy, Vidrige H. Kandza, Haneul Jang, Francy Kiabiya Ntamboudila, Derlan Bihoundou Mouketou, Chelvin Destin Siassia Vindou, Evrahd Ngalekandza, Brel Koubemba, Aise Pie X Lendzingoud, Roglane Goulou, Amandine E. Visine, Adam H. Boyette, and Lee T. Gettler

vol. 31, n. S2, September 2025, pp. 118–143

A substantial body of anthropological research has investigated how subsistence communities engage with market-based economies. In this study, we contribute to this body of work by examining adolescent orientations towards intensifying market integration in the Congo Basin. Adolescence is...

Haneul Jang, and Daniel Redhead

vol. 4, n. 9, September 2025

Cultural transmission across generations is key to cumulative cultural evolution. While several mechanisms—such as vertical, horizontal, and oblique transmission—have been studied for decades, how these mechanisms change across the life course, beyond childhood, remains unclear. Furthermore, it is...

Daniel L. Chen

n. ewaf011, September 2025

During World War I, the British Army relied on the death penalty to enforce strict discipline, handing down over 3000 death sentences for desertion and other offenses. Yet only around 12% of these sentences were actually carried out; the remaining 88% were quietly commuted to lesser punishments....

Narhulan Halimbekh, Olympia Campbell, Yishan Xie, Anar Erjan, Anna Dmitrieva, Almagul Aisarieva, Zhamila Zhalieva, Damira Toktorova, Cholpon Kabylovna Sooronbaeva, and Ruth Mace

vol. 36, September 2025, p. 382–402

Bride kidnapping, where Women are abducted for marriage, persists in Kyrgyzstan despite being illegal. Although it is estimated that up to one-third of marriages in Kyrgyzstan result from abduction, the true prevalence of this practice is unknown. Estimates are based on self-reporting of a practice...

Tiziano De Angelis, Fabien Gensbittel, and Stéphane Villeneuve

September 2025

We construct Nash equilibria in feedback form for a class of two-person stochastic games of singular control with absorption, arising from a stylized model for corporate finance. More precisely, the paper focusses on a strategic dynamic game in which two financially-constrained firms operate in the...

Tiziana Assenza, Alberto Cardaci, and D. Delli Gatti

vol. 20, n. 4, September 2025

Existing evidence suggests that individuals often misperceive the value of their wealth. We examine the existence, direction, and magnitude of these misperceptions through a laboratory experiment. Our findings indicate that variations in the leverage ratio (the ratio of liabilities to assets)...