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Vivek Venkataraman, Jordie Hoffman, Kyle Farquharson, Helen Davis, Edward H. Hagen, Raymond Hames, Barry Hewlett, Luke Glowacki, Haneul Jang, Robert Kelly, Karen Kramer, Sheina Lew-Levy, Kathrine Starkweather, Kristen Syme, and Duncan N.E. Stibbard-Hawkes

vol. 45, n. 4, July 2024

Gendered divisions of labor are a feature of every known contemporary hunter-gatherer (forager) society. While gender roles are certainly flexible, and prominent and well-studied cases of female hunting do exist, it is more often men who hunt. A new study (Anderson et al., 2023) surveyed...

Jean Tirole

vol. 3, July 2024, p. i983–i1001

Large fixed costs and (direct and indirect) network externalities generate barriers to entry and high markups for winners in the digital industry. The potential for high prices, low innovation and abuses of dominant position as well as the contribution to rising inequality raise the question of how...

Andrew Rhodes, and Jidong Zhou

vol. 114, n. 7, July 2024, p. 2141–2170

We study personalized pricing in a general oligopoly model. The impact of personalized pricing relative to uniform pricing hinges on the degree of market coverage. If market conditions are such that coverage is high (e.g., the production cost is low or the number of firms is high), personalized...

Daniel L. Chen, and Eric Reinhart

vol. 20, n. 2, July 2024, pp. 289–321

The impartiality and apolitical nature of the American judiciary are key to its legitimacy and the liberal constitutional legal system it supports. Though less than 1% of U.S. Federal judges admit to political motivations for retirement or resignation, our research suggests these influences are...

Victor Gay, Paula Gobbi, and Marc Goni

vol. 93, n. 101588, July 2024

Customary law governed most European societies during the Middle Ages and early modern period. To better understand the roots of legal customs and their implications for long-run development, we introduce an atlas of customary regions of Ancien Régime France. We also describe the historical origins...

Mathias Reynaert, Eduardo Souza-Rodrigues, and Arthur Van Benthem

vol. 107, n. 103968, July 2024

The world has pledged to protect 30 percent of its land and waters by 2030 to halt the rapid deterioration of critical ecosystems. We summarize the state of knowledge about the impacts of protected area policies, with a focus on deforestation and vegetation cover. We discuss critical issues around...

Laura Doval, and Alex Smolin

vol. 132, n. 7, July 2024

Information policies such as scores, ratings, and recommendations are increasingly shaping society’s choices in high-stakes domains. We provide a framework to study the welfare implications of information policies on a population of heterogeneous individuals. We define and characterize the Bayes...

Nils Köbis, Alicia von Schenk, Victor Klockmann, Jean-François Bonnefon, and Iyad Rahwan

June 2024

Humans, aware of the social costs associated with false accusations, are generally hesitant to accuse others of lying. Our study shows how lie detection algorithms disrupt this social dynamic. We develop a supervised machine-learning classifier that surpasses human accuracy and conduct a large-...

Andrea Guido, Maxime Derex, and Rustam Romaniuc

vol. 154, June 2024, pp. 51–76

The sharing of valuable information is at the root of both economic growth and societal welfare. However, individuals and organizations face a social dilemma when deciding whether to share information with others: while sharing can create positive externalities, it may also reduce one’s competitive...

Abdelaati Daouia, Gilles Stupfler, and Antoine Usseglio-Carleve

vol. 34, n. 130, June 2024

The expectile is a prime candidate for being a standard risk measure in actuarial and financial contexts, for its ability to recover information about probabilities and typical behavior of extreme values, as well as its excellent axiomatic properties. A series of recent papers has focused on...