Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a largescale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, oneshot allocation tasks, allowing us...

We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...

On 11 May 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector mode: each participant chooses not only how much (s)he demands of the DM1,000 pie but also which of the nine possible offers of DM100, 200,..., 900...

Apesteguia and Palacios-Huerta (APH, forthcoming) report for a sample of 129 soccer penalty shootouts from various seasons in ten different tournaments that teams kicking first win significantly more often than teams kicking second by a margin of 21 percentage points. Collecting data for 470...

We present an experimental study on the wasted resources associated with tax evasion. This waste arises from taxpayers and tax authorities investing costly effort in the concealment and detection of tax evasion. We show that these socially inefficient efforts - as well as the frequency of tax...