We use surveys, laboratory experiments and administrative data to study how heterogeneity in the perceived immorality …

We use surveys, laboratory experiments and administrative labor-market data to study how heterogeneity in the perceived …

setting. The experiments replicate an OTC market similar to the one used in monetary and financial economics (Shi, 1995 … information, a set of experiments with adverse selection where the terminal value of notes are determined exogenously, and a set … of experiments with hidden actions where subjects can produce fraudulent notes at some cost. …