Economic agents are not always rational or farsighted and can make decisions according to
simple behavioral rules that vary according to situation and can be studied using the tools of …

For most of the vast span of human history, economic growth was all but nonexistent. Then,
about two centuries ago, some nations began to emerge from this epoch of economic …

What explains variability in norms of cooperation across organizations and cultures? One
answer comes from the tendency of individuals to internalize typically successful behaviors …

Experiments with family groups are rare, but since many decisions are taken at the
household level or occur within the household it is an important area to investigate. This …

What preferences will prevail in a society of rational individuals when preference evolution is
driven by the resulting payoffs? We show that when individuals' preferences are their private …

This article measures the economic impacts of social pressure to share income with kin and
neighbours in rural Kenyan villages. We conduct a lab experiment in which we randomly …

We empirically analyze whether federal disaster aid crowds out household purchase of
disaster insurance. We combine data on annual household flood insurance purchases for …

This article is a brief introduction to the special issue 'Evolution of cooperation'published by
the Journal of Theoretical Biology to mark its 50th anniversary. Cooperation is a favorite …

Most informal finance comes from family and friends. Existing informal finance theories
cannot match two characteristics of family finance: family investors may accept below-market …

The adoption of certain farm management practices, such as tree planting and soil and
water conservation, can reduce exposure to weather shocks. However, in many countries …