We examine firm managers' incentives to commit fraud in a model where firms seek funding from investors and investors … can monitor firms at a cost in order to get more precise information about firm prospects. We show that fraud incentives … funded without committing fraud, whereas in bad times investors are more vigilant and it is harder to commit fraud …

democracies. The incumbent can prevent credible challengers from running, organize vote fraud, or even physically eliminate the …

yielding equilibria exhibiting various degrees of inefficiencies and fraud. The variety of results has fostered the impression …

Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from …

is little evidence of learning over the 40 matches of the experiment. …

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on … their own personal preference. The experiment is designed for simulating a pure exchange market in order to demonstrate the …