The house-money effect -people´s tendency to be more daring with easily-gotten money- is abehavioral pattern that poses questions about the external validity of experiments in economics: to what extent do people behave in experiments like they would have in a real-life situation, given that...

We explore gender differences in preferences for competition and risk among children aged 9-12 in Colombia and Sweden, two countries differing in gender equality according to macro indices. We include four types of tasks that vary in gender stereotyping when looking at competitiveness: running,...

We explore gender differences in preferences for competition and risk among children aged 9-12 in Colombia and Sweden, two countries differing in gender equality according to macro indices. We include four types of tasks that vary in gender stereotyping when looking at competitiveness: running,...

Cooperation and competition are both essential elements of economic life. Here we explore how cooperativeness in a prisoner’s dilemma is correlated with competitiveness in a sample of 9-12 year old children in Colombia and Sweden. Using two different measures and four different tasks for...

A common premise in both the theoretical and policy literature on development is that people remain poor because they are too impatient to save and too risk averse to take the sort of chances needed to accumulate wealth. The empirical literature, however, suggests that this assumption is far...

This paper reconsiders evidence from experimental common pool resource games from the perspective of a dynamic model of sampling. Despite being parameter-free, the model is able to replicate some striking features of the data: monotonic frequency distributions, the persistent use of strictly...

Resumen Los choques y las experiencias traumáticas pueden afectar el comportamiento de las personas y su habilidad para tomar decisiones económicas. Este artículo analiza cómo los episodios de desplazamiento forzado y la exposición directa a episodios de violencia afectan los niveles de...

This paper compares cooperation among Columbian and Swedish children aged 9-12. We illustrate the dynamics of the prisoner´s dilemma in a new task that is easily understood by children and performed during a physical education class. We find some evidence that children cooperate more in Sweden...

El derretimiento y retroceso de los glaciares colombianos reducen la oferta de agua, afectando al sector agrícola, responsable del 10-14% del PIB colombiano. Utilizando juegos económicos experimentales estudiamos las decisiones sobre el uso del agua y la respuesta a instituciones que facilitan...

This work offers an analysis of cooperation dilemmas making emphasis in the role of the unequal outcomes. Increases in the benefit from leaving mutual cooperation are associated to the greed dimension, while increases in the cost from leaving mutual defection are associated to fear dimension....