The numerous reports on preference reversals in preference elicitations pose a great challenge to empirical economics. Many studies have found that different tasks may generate substantially different preferences. However, little is known about whether one task is more susceptible to preference...

This paper uses experimental data to analyze how competitive behavior is influenced by coaching and peer observation. We study behavior in a sequential contest, considering information about the effort level of subjects in other contests (observation of peers) and information about the...

This article introduces the emergency purchasing situation (EPS) as a distinct buying context. EPSs stem from an unexpected event (unanticipated need or timing of a need), as well as high product importance, which are associated with a short time frame for consumer decision-making. Our...

Income tax evasion dynamics and social interactions are analyzed with an agent-based model in heterogeneous populations. One novelty is the combined analysis of back auditing and ageing, which allows for incorporating psychological findings with respect to social norm updating over a...

Tournaments require a large gap in prizes in order to induce incentives. The resulting unequal distribution suggests that monetary payoffs are not the only motive that determines agents’ decisions. In our experiment we test theoretical predictions about the role of envy and loss aversion in...

We present the first economic experiment on bandwagon behavior in voting. Subjects are given an individual endowment and vote by majority rule to either keep the endowment for private use or to donate it to a non-governmental organization. In our experiment, participants are divided at random in...

Fiscal psychology is not a modern discipline. The history of economic thought leaves no doubt as to the fact that many of the notions of fiscal psychology as we know it today were present in the past. There are even cases, though these are not frequent, of economists and social scientists of the...

The existing literature acknowledges that a mismatch between the experimenter’s and the subjects’ models of an experimental task can adversely affect the interpretation of data from laboratory experiments. We primarily focus on experiments designed to test a hypothesis by comparing behavior...

Other-regarding preferences in adults have been examined in depth in the literature. Research has shown that spiteful preferences play a crucial role in the development of human large-scale cooperation. However, there is little evidence of the factors explaining spiteful behavior in children. We...

A recent literature emphasizes that gender differences in the labor market may in part be driven by a gender gap in willingness to compete. However, whereas experiments in this literature typically investigate willingness to compete in private environments, real world competitions often have a...