The health care systems in the Nordic countries are facing key challenges. While the possibilities and willingness to expand health care resources are limited, the demand for health care are increasing due to continuous development of new medical technologies, changing demographics, increasing...

The spectrum for third generation (3G) mobile communications for the German market was alloted to operators by means of an auction. This resulted in a highly competitive outcome: six operators were given rights to provide 3G services. Government revenues from this auction were a staggering EUR...

We use the strategy method to classify subjects into cooperator types in a large-scale online Public Goods Game and find that free riders spend more time on making their decisions than conditional cooperators and other cooperator types. This result is robust to reversing the framing of the game...

This paper examines how social relations and norms contribute to the emergence of generalized trust in economic action. Our core proposition is that the more positive the local social exchange relationship, the greater an actor’s propensity to place trust in strangers. Our research design...

Ultimatum proposals and dictator donations are studied when proposers can choose the sex and income of the responder. Information about the responders' income generated strong effects in the selection of responders; subjects preferred to send proposals to low-income responders and the proposals...

Undergraduates in Tanzania and Sweden participated in one Trust game, one Dictator game, and answered a standard set of survey questions relating to trust. In both countries we detected a strong and significant relation between Dictator donations and proportions returned in Trust games, which...

This paper investigates trust in situations, where decision-makers are large groups and the decision-mechanism is collective, by developing a game to study trust behavior. Theories from behavioral economics and psychology suggest that trust in such situations may differ from individual trust....

Undergraduates in Tanzania were exposed to one Trust game, one Dictator game and a standard set of survey questions relating to trust. We demonstrate that the survey questions neither predicts trust behavior nor trustworthiness as previously claimed by Glaeser et al. (2000). It is also shown...

Using Bertrand supergames with communication, we study price formation and stability of collusive agreements on experimental duopoly markets. The experimental design consists of three treatments with different costs of communication: zero-cost, low-cost and high-cost. We find that increasing the...

The standard method when analyzing the problem of cooperation using evolutionary game theory is to assume that people are randomly matched against each other in repeated games. In this paper we discuss the implications of allowing agents to have preferences over possible opponents. We model...