First Author:   Ananish Chaudhuri University of Auckland a.chaudhuri@auckland.ac.nz   Department of Economics, Commerce A Building, 3A Symonds Street Auckland, 1001, New Zealand   64-9-373-7599 Extn. 88307(Phone) 64-9-373-7599 Extn. 88307(Fax) http://homes.eco.auckland.ac.nz/acha192/ Second Author: Barry Sopher Rutgers University sopher@economics.rutgers.edu         Third Author: Andrew Schotter New York University andrew.schotter@nyu.edu