How to win by concession and avoid unproductive conflict

A new study published in Economic Inquiry explores the seminal question: "If we can make a deal, why fight?" The authors conclude that a combination of common knowledge and a common rate of time preference allow a potential ...

Does the Earned Income Tax Credit encourage college enrollment?

The Earned Income Tax Credit (EITC)—a cash transfer program aimed at helping low to moderate income workers by giving them a break on their taxes—is not intended as a college subsidy, but the eligibility criteria for ...

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