Bargaining behavior appears to vary across nations. What drives these apparent differences? We reconsider the evidence provided by previous experiments, and undertake some new experiments that expand the controls for demographics. We show that inferences about country effects are sensitive to...

We conduct laboratory experiments in Timor-Leste designed to test if individual discount rates vary with the time horizon for which the rate is elicited. Our experiments test a design that has been successfully employed in field experiments in developed countries, and that avoids several...

Experiments can provide rich information on behavior conditional on the institutional rules of the game being imposed by the experimenter. We consider what happens when the subjects are allowed to choose the institution through a simple social choice procedure. Our case study is a setting in...

Game theory provides predictions of behavior in many one-shot games. On the other hand, most experimenters usually play repeated games with subjects, to provide experience. To avoid subjects rationally employing strategies that are appropriate for the repeated game, experimenters typically...

This study reports the results of an experiment designed to elicit students' subjective beliefs about the economic returns to college education. An important feature of our experimental design is the inclusion of financial incentives for accurate reporting. We also consider the extent to which...

The effectiveness of environmental regulation can be viewed as conditioned by the action of at least two main agents: the regulated firms and the public agency (the regulator). The agency’s role is, on one hand, to enact environmental regulations and, on the other, to monitor firms’...

This study reports the results of experiments designed to elicit, within a controlled laboratory environment, hypothetical and real willingness to pay for an environmental educational program using the open-ended question format. By maintaining both the good and the question format constant...

Recent game-theoretic analyses of the adversarial process have focused on the hability of courts to render accurate verdicts in light of selectivity reported evidence. This paper generalizes previous work by developing a game where the court´s decision to weigh evidence and litigants'...

This paper analyses the pattern and rate of adoption of mobile telephones by the Portuguese population. It is shown that the pattern of diffusion is S-shaped and is consistent with a logistic function, which describes a symmetrical growth process. Furthermore, it is found that 67 percent of the...

We use experimental data collected in Russia and in the United States using a simple ultimatum game to evaluate two alternative hypotheses that may account for previously observed behavior in multinational experiments. One hypothesis postulates that behavioral differences observed in bargaining...