52 research outputs found

    Returns-Based Beliefs and The Prisoner's Dilemma

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    Economists have highlighted a number of game-theoretic contradictions and paradoxes i

    The Effectiveness of Jobs Reservation: Caste, Religion, and Economic Status in India

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    This article investigates the effect of jobs reservation on improving the economic opportunities of persons belonging to India’s Scheduled Castes (SC)and Scheduled Tribes (ST). Using employment data from the 55th NSS round, the authors estimate the probabilities of different social groups in India being in one of three categories of economic status: own account workers; regular salaried or wage workers; casual wage labourers. Theseprobabilities are then used to decompose the difference between a group X and forward caste Hindus in the proportions of their members in regular salaried or wage employment. This decomposition allows us to distinguish between two forms of difference between group X and forward caste Hindus: ‘attribute’ differences and ‘coefficient’ differences. The authors measure the effects of positive discriminationin raising the proportions of ST/SC persons in regular salaried employment, and the discriminatory bias against Muslims who do not benefit from such policies. They conclude that the boost provided by jobs reservation policies was around 5 percentage points. They also conclude that an alternative and more effective way of raising the proportion of men from the SC/ST groups in regular salaried or wageemployment would be to improve theiremployment-related attributes.Affirmative Action; Social Groups; India

    The Economics of Consanguinity

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    The institution of consanguineous marriage - a marriage contracted between close biological relatives - has been a basic building block of many societies in different parts of the world. This paper argues that the practice of consanguinity is closely related to the practice of dowry, and that both arise in response to an agency problem between the families of a bride and a groom. When marriage contracts are incomplete, dowries transfer control rights to the party with the highest incentives to invest in a marriage. When these transactions are costly however, consanguinity can be a more appropriate response since it directly reduces the agency cost. Our model predicts that dowry transfers are less likely to be observed in consanguineous unions, and that close-kin marriages are more prevalent at both extremes of the wealth distribution. An empirical analysis using data from Bangladesh delivers results consistent with the predictions of the model, lending strong support to our theory

    The economics of consanguineous marriages

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    The institution of consanguineous marriage-a marriage contracted between close biological relatives-has been a basic building block of many societies in different parts of the world. This paper argues that the practice of consanguinity is closely related to the practice of dowry, and that both arise in response to an agency problem between the families of a bride and a groom. When marriage contracts are incomplete, dowries transfer control rights to the party with the highest incentives to invest in a marriage. When these transactions are costly however, consanguinity can be a more appropriate response since it directly reduces the agency cost. The paper's model predicts that dowry transfers are less likely to be observed in consanguineous unions. It also emphasizes the effect of credit constraints on the relative prevalence of dowry payment and consanguinity. An empirical analysis using data from Bangladesh delivers robust results consistent with the predictions of the model.Anthropology,Population Policies,Education and Society,Population&Development,Gender and Law

    Missing Women in the United Kingdom

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    This paper investigates the gender-selection decisions of immigrants in the United Kingdom, using data from the 1971-2006 General Household Survey. We examine sex-selective abortion in the UK among immigrant families and the gender composition of previous births, conditional on socio-economic characteristics. Our key result is that immigrants balance their family after the birth of two sons, by having a daughter thereafter. Our study also is the first to estimate the number of missing women among Asian immigrants in a European country, contributing to research on the US and Canada that missing women are also a phenomenon of the developed world
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