Cultural transmission

Every red point is a language, that is, a cultural/ethnic trait. Research on cultural transmission asks, How can we explain such cultural heterogeneity? Or, relatedly, How can we explain the resilience of cultural traits over time?

General equilibrium and finance

One way or another, and mathematical details aside, research on general equilibrium and finance is all about defining the boundaries in which the Invisible Hand operates.

Distribution of wealth

The distribution of wealth in the U.S. is very unequal: the top 1% of households hold over 30% of the total wealth. This is the case in most countries, as Vilfredo Pareto noticed at the turn of the XIX Century. How does this come to be?

Behavior and decisions


Are we really an irrational bunch needing peternalistic nudges to function properly?