This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and …

to form cartels in Cournot markets. As in previous experiments, markets become very competitive when individualized …

and monitoring. This paper reports the results from a laboratory experiment designed to test whether organizations make …

conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …

We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After …

. We report a series of first-price auction experiments to measure the degree of inefficiency that occurs with financially …

One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment …