Recent literature has shown that corporate indebtedness affects firm-level investment behavior but not necessarily aggregate business cycles. I argue that interactions among heterogeneous firms play ...

When people reach for the same object, walk through a narrow doorway, forage for food, or work together on a shared task, they continuously negotiate—often without noticing—how much to cooperate or ...

Friends or foes? During social interactions, the ability to infer others' intentions is crucial for predicting their actions and determining whether to cooperate or compete. A new study highlights the ...