We analyze educational institutions’ incentives to set up demanding or lax curricula induopolistic markets for education with endogenous enrolment of students. We assume thatthere is a positive externality of student achievement on the local economy. Comparingthe case of regulated tuition fees...

A small lie appears trivial but it obviously violates moral commandments. We analyze whetherthe preference for others’ truth telling is absolute or depends on the size of a lie. In a laboratoryexperiment we compare punishment for different sizes of lies controlling for the resultingeconomic...

Machiavelli advises against delegating the distribution of favors. We test this claim in anexperiment, in which an investor can directly transfer money to a trustee or delegate thisdecision to another investor. Varying the value of the transfers of the investor and thedelegate, we find that the...

We study the effects of random assignment to coeducational andsingle-sex classes on the academic performance of female highschool students. Our estimation results show that single-sexschooling improves the performance of female students inmathematics. This positive effect increases if the...