We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … inequalities, but many follow an interior allocation rule previously unaccounted for by the fairness views in the literature. These …

We conduct a laboratory experiment with a constant-sum sender-receiver game to investigate the impact of individuals … guilt aversion in an antagonistic setting which is specific to strategic information transmission. …

We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth …

too low quality and less frequent trade. Thus, shadow economies induce an excess burden not only by hampering the …

-takes-all contest in both dimensions if participants are risk-averse. Evidence from laboratory experiments is largely consistent with …

In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the … Offer and the Exit variant - in terms of fairness and efficiency. To assess the fairness of the allocations obtained by … elicited in a hypothetical fairness question, and we evaluate them from an impartial point of view using spectators' responses …

expenditures. Evidence from lab experiments for treatments with homogeneous participants is qualitatively in line with the …

Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …