Why Have Robberies Become Less Frequent but More Violent? (2009)
O'Flaherty, Brendan, Sethi, Rajiv
Although the incidence of robbery has declined sharply since the early 1990s, the proportion of robberies resulting in victim injury has increased and the rate of victim resistance has remained...
Nobuyuki Hanaki, Rajiv Sethi, Ido Erev Alex, Er Peterhansl
Adaptive learning models that have been tested against experimental data typically share two features: (i) initial attractions (or beliefs) are given exogenously, and (ii) learning is based on the...
Evolutionary stability in reputational model of bargaining (2007)
A large and growing literature on reputation in games builds on the insight that the possibility of one or more players being boundedly rational can have significant effects on equilibrium behavior....
Norm Compliance and Strong Reciprocity ∗ (2007)
Strong reciprocity refers to the willingness to sacrifice one’s own material selfinterest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the...
O'Flaherty, Brendan, Sethi, Rajiv
Witness intimidation is a fundamental threat to the rule of law. It also involves significant strategic complexity and two-sided uncertainty: a criminal cannot know whether his threat will...
O'Flaherty, Brendan, Sethi, Rajiv
Witness intimidation is a fundamental threat to the rule of law. It also involves significant strategic complexity and two-sided uncertainty: a criminal cannot know whether his threat will...
Peaceable kingdoms and war zones: Pre-emption, ballistics and murder in Newark (2007)
O'Flaherty, Brendan, Sethi, Rajiv
Between 2000 and 2006 the murder rate in Newark doubled while the national rate remained essentially constant. Newark now has eight times as many murders per capita than the nation as a whole....
Peaceable kingdoms and war zones: Pre-emption, ballistics and murder in Newark (2007)
O'Flaherty, Brendan, Sethi, Rajiv
Between 2000 and 2006 the murder rate in Newark doubled while the national rate remained essentially constant. Newark now has eight times as many murders per capita than the nation as a whole....
Social Segregation and the Dynamics of Group Inequality (2006)
We explore the dynamics of group inequality when segregation of social networks places the initially less affluent group at a disadvantage in acquiring human capital. Extending Loury (1977), we...
Racial stereotypes and robbery (2004)
O'Flaherty, Brendan, Sethi, Rajiv
Robbery is a serious, widespread and sometimes violent crime resulting each year in costs to victims of several billion dollars. Data on the incidence of robbery reveals certain striking racial...
Racial stereotypes and robbery (2004)
O'Flaherty, Brendan, Sethi, Rajiv
Robbery is a serious, widespread and sometimes violent crime resulting each year in costs to victims of several billion dollars. Data on the incidence of robbery reveals certain striking racial...
Inequality and Segregation (2004)
Rajiv Sethi, Rohini Somanathan
This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level...
Chaudhuri, Shubham, Sethi, Rajiv
We introduce neighborhood effects in the costs of human capital acquisition into a model of statistical discrimination in labor markets. This creates a link between the level of segregation and the...
Chaudhuri, Shubham, Sethi, Rajiv
We introduce neighborhood effects in the costs of human capital acquisition into a model of statistical discrimination in labor markets. This creates a link between the level of segregation and the...
Understanding reciprocity (2003)
Rajiv Sethi, E. Somanathan, We Thank Duncan Foley, Dan Friedman, Herb Gintis, Joel Guttman, ...
This paper surveys the evolutionary game theoretic literature on reciprocity in human interactions, dealing both with long-term relationships and with sporadic interactions. Four basic themes,...
Evolutionary Stability and Media of Exchange (1996)
Rajiv Sethi, Duncan Foley, E. Somanathan, Peter Skott, All Wright
The Kiyotaki and Wright (1989) model of money as a medium of exchange is analyzed within an evolutionary framework. It is shown that fundamental, speculative, and polymorphic states can all be...
Argyrous, George, Sethi, Rajiv
This paper traces recent developments in economic theory from the perspective of Veblen's methodological distinction between teleological and evolutionary modes of scientific thought. It is argued...
Norm Compliance and Strong Reciprocity
Strong reciprocity refers to the willingness to sacrifice one's own material self-interest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the...
Shubham Chaudhuri, Rajiv Sethi
We introduce neighborhood effects in the costs of human capital acquisition into a model of statistical discrimination in labor markets. This creates a link between the level of segregation and the...
Metacognitive Control and Optimal Learning
The notion of optimality is often invoked informally in the literature on metacognitive control. We provide a precise formulation of the optimization problem and show that optimal time allocation...
Social Segregation and the Dynamics of Group Inequality
We explore the dynamics of group inequality when segregation of social networks places the initially less affluent group at a disadvantage in acquiring human capital. Extending Loury (1977), we...
Norm compliance and strong reciprocity
Strong reciprocity refers to the willingness to sacrifice one's own material self-interest to punish others for opportunistic actions. This propensity provides a decentralized mechanism for the...
A model is developed in which a continuum of agents makes interdependent output decisions in a stochastic environment characterized by strategic complementarity. Two groups are distinguished: naive...
Statistical Discrimination with Peer Effects: Can Integration Eliminate Negative Stereotypes?
SHUBHAM CHAUDHURI, RAJIV SETHI
We introduce peer effects in the costs of human capital acquisition into a model of statistical discrimination in labour markets. This creates a link between the level of segregation in social...
Racial stereotypes and robbery
Brendan O'Flaherty, Rajiv Sethi
Robbery is a serious, widespread and sometimes violent crime resulting each year in costs to victims of several billion dollars. Data on the incidence of robbery reveals certain striking racial...
Peaceable kingdoms and war zones: Pre-emption, ballistics and murder in Newark
Brendan O'Flaherty, Rajiv Sethi
Between 2000 and 2006 the murder rate in Newark doubled while the national rate remained essentially constant. Newark now has eight times as many murders per capita than the nation as a whole....
Brendan O'Flaherty, Rajiv Sethi
Witness intimidation is a fundamental threat to the rule of law. It also involves significant strategic complexity and two-sided uncertainty: a criminal cannot know whether his threat will...
This paper surveys the evolutionary game theoretic literature on reciprocity in human interactions, dealing both with long-term relationships and with sporadic interactions. Four basic themes,...
Rajiv Sethi, Rohini Somanathan
This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level...
Rajiv Sethi, Rohini Somanathan
Despite the decline in group inequality and the rapid expansion of the black middle class in the United States, major urban centers with significant black populations continue to exhibit extreme...
Collective action in the commons: A theoretical framework for empirical research
A model of collective action in the commons that is intended to provide a framework for empirical research into the question of when cooperation is likely to be successful is presented. It is based...
The Evolution of Social Norms in Common Property Resource Use.
The problem of extracting commonly owned renewable resources is examined within an evolutionary-game-theoretic framework. It is shown that cooperative behavior guided by norms of restraint and...
Uneven Development and the Dynamics of Distortion
This paper develops a two-country, two-sector model of international trade with increasing returns to scale in one sector. Free trade leads to asymmetric equilibria even when both countries are...
On the Strategic Advantage of Negatively Interdependent Preferences
Levent Kockesen, Efe A. Ok, Rajiv Sethi
We study certain classes of supermodular and submodular games which are symmetric with respect to material payoffs but in which not all players seek to maximize their material payoffs. Specifically,...
Interdependent Preference Formation
Levent Kockesen, Efe A. Ok, Rajiv Sethi
A standard assumption in the economic approach to individual decision making is that people have independent preferences, that is, they care only about their absolute (material) payoffs. We study...
Stability of Equilibria in Games with Procedurally Rational Players
One approach to the modeling of bounded rationality in strategic environments is based on the dynamics of evolution and learning in games. An entirely different approach has been developed recently...
Preference Evolution and Reciprocity
This paper provides an evolutionary theory of reciprocity as an aspect of preference interdependence. It is shown that reciprocal preferences, which place negative weight on the payoffs of...
Evolutionary Stability in a Reputational Model of Bargaining
A large and growing literature on reputation in games builds on the insight that the possibility of one or more players being other than fully rational can have significant effects on equilibrium...
Nobuyuki Hanaki, Rajiv Sethi, Ido Erev, Alexander Peterhansl
Adaptive learning models that have been tested against experimental data typically share two features: (i) initial attractions (or beliefs) are given exogenously, and (ii) learning is based on the...
Shubham Chaudhuri, Rajiv Sethi
We introduce neighborhood effects in the costs of human capital acquisition into a model of statistical discrimination in labor markets. This creates a link between the level of segregation and the...
Racial Income Disparities and the Measurement of Segregation
Rajiv Sethi, Rohini Somanathan
Racial segregation in residential patterns remains pervasive in the United States. This persistence is usually attributed to some combination of neighborhood preferences over racial composition,...
Rajiv Sethi, Rohini Somanathan
This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level...
Argyrous, George, Sethi, Rajiv
This paper traces recent developments in economic theory from the perspective of Thorstein Veblen's methodological distinction between teleological and evolution modes of scientific thought. It is...
Interdependent Preference Formation.
Ok, Efe A., Sethi, Rajiv, Kockesen, Levent
A standard assumption in the economic approach to individual decision making is that people have independent preferences. We study equilibria of the classic common pool resource extraction and public...
The Strategic Advantage of Negatively Interdependent Preferences
Kockesen, Levent, Ok, Efe A., Sethi, Rajiv
We study certain classes of supermodular and submodular games which are symmetric with respect to material payoffs but in which not all players seek to maximize their material payoofs. Specially, a...
Procedural Rationality and Equilibrium Trust
This article examines the determinants of steady state trust in a population of principals and agents, where the former learn from experience using boundedly rational procedures. For any distribution...
Neighborhood structure and the evolution of cooperation
Local interaction, Evolution, Cooperation, C72, D64,
A Simple Model of Collective Action
Successful collective action is usually accompanied by explicit systems for punishing noncooperators. A simple model of collective action is presented in which such punishment opportunities are...
Racial stereotypes and robbery
O'Flaherty, Brendan, Sethi, Rajiv
Robbery is a serious, widespread and sometimes violent crime resulting each year in costs to victims of several billion dollars. Data on the incidence of robbery reveals certain striking racial...
O'Flaherty, Brendan, Sethi, Rajiv
Metropolitan areas in the United States are characterized by both geographic concentration in robbery rates, and racial segregation in residential patterns. We argue that these two phenomena are...
Samuel Bowles, Glenn C. Loury, Rajiv Sethi
This paper explores conditions under which inequality across social groups can emerge from initially group-egalitarian distributions and persist across generations despite equality of eco- nomic...
Members of different social groups often hold widely divergent public beliefs regarding the nature of the world in which they live. We develop a model that can accommodate such public disagreement,...
Reciprocity in evolving social networks
Evolution of cooperation, Reciprocity, Small world networks, C72, D64,
Racial Inequality and Segregation Measures: Some Evidence from the 2000 Census
Rajiv Sethi, Rohini Somanathan
Residential segregation, Racial income disparities, Dissimilarity index,
Racial Inequality and Segregation Measures: Some Evidence from the 2000 Census
This paper examines the extent to which income differences across the racial groups can account for observed residential segregation. The authors adopt an approach to the decomposition of segregation...
RACIAL INEQUALITY AND SEGREGATION MEASURES--SOME EVIDENCE FROM THE 2000 CENSUS
Rajiv Sethi, Rohini Somanathan
How much of the observed segregation between black and white Americans can be attributed to income disparities between the two groups? We adopt an approach to the decomposition of segregation...
Why Have Robberies Become Less Frequent but More Violent?
Although the incidence of robbery has declined sharply since the early 1990s, the proportion of robberies resulting in victim injury has increased and the rate of victim resistance has remained...
Brendan O’Flaherty, Rajiv Sethi
Street vice (anonymous prostitution, gambling, and the sale of illicit drugs) is spatially concentrated, confined largely to black neighborhoods in central cities, even though demand is quite evenly...