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Haneul Jang et Daniel Redhead
vol. 4, n° 9, septembre 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, septembre 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 et Ruth Mace
vol. 36, septembre 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 et Stéphane Villeneuve
septembre 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...
Milo Bianchi et Philippe Jehiel
n° 25-1668, septembre 2025
We analyze bubbles and crashes in a model in which some investors are partially sophisticated. While the expectations of such investors are endogenously determined in equilibrium, these are based on a coarse understanding of the market dynamics. We highlight how such investors may endogenously...
Tiziana Assenza, Alberto Cardaci et D. Delli Gatti
vol. 20, n° 4, septembre 2025, révision 10 juin 2026
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)...
Antonio Musolesi, Giada Andrea Prete et Michel Simioni
septembre 2025, révision 10 juin 2026
This paper examines the contribution of infrastructure to aggregate productivity. We address some complex and relevant issues, namely functional form, nonstationary variables and cross-sectional dependence. We adopt the CCE framework and consider both parametric and nonparametric specifications,...
Pär Holmberg, Keith Ruddell et Bert Willems
n° 25-1669, septembre 2025
We characterize Nash equilibria in multi-product markets in which producers commit to vectors of supply functions contingent on all prices. The framework accommodates (dis)economies of scope in production, and goods may be substitutes or complements in demand. We show that equilibrium allocations...
Iyad Rahwan, Azim Shariff et Jean-François Bonnefon
n° 25-1665, septembre 2025
Predicting the social and behavioral impact of future technologies, before they are achieved, would allow us to guide their development and regulation before these im-pacts get entrenched. Traditionally, this prediction has relied on qualitative, narrative methods. Here we describe a method which...
Mengchen Dong, Jean-François Bonnefon et Iyad Rahwan
n° 25-1664, septembre 2025
