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作者:Nunn, Nathan; Qian, Nancy
作者单位:Harvard University; National Bureau of Economic Research; Yale University; Center for Economic & Policy Research (CEPR)
摘要:We study the effect of US food aid on conflict in recipient countries. Our analysis exploits time variation in food aid shipments due to changes in US wheat production and cross-sectional variation in a country's tendency to receive any US food aid. According to our estimates, an increase in US food aid increases the incidence and duration of civil conflicts, but has no robust effect on interstate conflicts or the onset of civil conflicts. We also provide suggestive evidence that the effects a...
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作者:Shiller, Robert J.
作者单位:Yale University
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作者:Fama, Eugene F.
作者单位:University of Chicago
摘要:The Nobel Foundation asks that the Nobel lecture cover the work for which the Prize is awarded. The announcement of this year's Prize cites empirical work in asset pricing. I interpret this to include work on efficient capital markets and work on developing and testing asset pricing models-the two pillars, or perhaps more descriptive, the Siamese twins of asset pricing. I start with efficient markets and then move on to asset pricing models.
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作者:Apicella, Coren L.; Azevedo, Eduardo M.; Christakis, Nicholas A.; Fowler, James H.
作者单位:University of Pennsylvania; University of Pennsylvania; Yale University; Yale University; Yale University; University of California System; University of California San Diego; University of California System; University of California San Diego
摘要:The endowment effect, the tendency to value possessions more than non-possessions, is a well-known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on environmental factors. We experimentally test for the endowment effect in an isolated and evolutionarily relevant population of hunter-gatherers, the Hadza Bushmen of Northern Tanzania. We find that Hadza living ...