social dilemmas. We subject our model to data from an experimental public goods game and a risk experiment, and we measure …We develop a model relating self-control, risk preferences and conflict identification to cooperation patterns in … cooperation, and the association is weaker for more risk-averse individuals. Free riders differ from other contributor types only …

that receive different wages. We present the first test of this component, which we call the fair uniform-wage hypothesis …. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …

Auctions often involve goods exhibiting a common knowledge ex-post risk that is independent of buyers’ private values … or their signals regarding common value components. Esö and White (2004) showed theoretically that ex-post risk leads to … precautionary bidding for DARA bidders: Agents reduce their bids by more than their appropriate risk premium. Testing precautionary …

Crime has to be punished, but does punishment reduce crime? We conduct a neutrally framed laboratory experiment to test … of punishment. In our experiment, subjects can steal from another participant's payoff. Deterrent incentives vary across …

We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous … maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …

This paper analyzes gender differences in the investment activity of German small and medium sized enterprises (SMEs … if they invest, then their average investment rate is lower. These differences cannot entirely be explained by firm or … owner characteristics. Furthermore, women’s investment is less sensitive to cash flow, which indicates that it is unlikely …