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This paper argues that there is a social norm of tax compliance that affects individual reporting decisions and that can be affected by voting on different aspects of the fiscal system. Experimental results are consistent with a central role for social norms. Individual compliance after a vote...
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Two insurance experiments using real-money consequences and multiple rounds to provide experience are described. In the first experiment, subjects bid for insurance to prevent a fixed loss of $4 at probabilities ranging from .01 to .9. Mean bids were near expected value except at the lowest...
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