In this paper we aim - through an ‘experimentally-adapted’ Contingent Valuation survey -to look into the attributes of Ghanaians’ willingness-to-pay for green products. This would help usaddressing two main issues: first, from a theoretical point of view, we shall assess whether...

The study investigates protective responses in low probability and high loss risk situations.Particularly, it (1) detects individual protection valuations to variations in probability versus tovariations in loss for payment decisions and choice decisions, (2) elicits the thresholdprobability in...

We use a two-person linear voluntary contribution mechanism with stochastic marginal benefits from the public good to examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of several risky prospects are elicited via a...

The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized continuous double auction, indicate that objectivelyirrelevant information influences trading behavior. Moreover, positively and negativelyframed information leads to a particular...

Dynamics of compliance, depending on audit probability, sanctions, and the time lagbetween audits, are investigated in a tax experiment. Compliance varied significantlyover time: it decreased immediately after an audit and increased afterwards, especially if audits were frequent and sanctions high.

Voting is a natural context to investigate how democratic societies balance claims of economic efficiency against claims of distributive equity. We examine data from a series of simple experimental voting games; in each, voters are confronted with two distributional policies, one that promotes...

What we now label as "fair behavior" often differs from philopsophical norions of the concept. Establishing a clear understanding of the empirical nature of fairness is important if we are to gauge teh impact fairness has on economic and political institutions.[...]

Several current social utility models posit fairness as a motive for certain types of strategic behavior. The models differ sharply with respect to how fairness is measured. Distribution models measure fairness in terms of relative payoff comparisons. Reciprocal-kindness models measure fairness...

In diesem Arbeitspapier werden ökonomische und psychologische Forschungsergebnisse zur Steuermoral und Steuerhinterziehung diskutiert.

We experimentally investigate whether individuals can reliably detect cooperators in an anonymous decision environment by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their partner's donation share to a self-selected charity, and...