We design a real-time, intercultural common pool resource experiment using participants from cultures that derive different benefits from a global public good (extraction vs. conservation of biodiversity resources) to analyze the effect of group affiliation on cooperative behavior. We also...

Explanations of poverty, growth and development depend on the assumptions made about individual preferences and the willingness to engage in strategic behaviour. Economic experiments, especially those conducted in the field, have begun to paint a picture of economic agents in developing...

Using data from an experiment conducted in 70 Colombian communities, we investigate who pools risk with whom when trust is crucial for enforcing risk pooling arrangements. We explore the roles played by risk attitudes and social networks. Both empirically and theoretically, we find that close...