We investigate the impact of peer interaction on the quality of financial decision making in a laboratory experiment. Face-to-face communication with a randomly assigned peer significantly improves th
We study the effect of interpersonal but impersonal interactions on in-group bias in allocational choices. Before the elicitation of the choices, individuals either engage in a cooperative or competit
The high degree of variance of crime rates across space (and across time) is one of the oldest puzzles in the social sciences (see Quetelet (1835)). Our empirical work strongly suggests that this vari