We report the results of a laboratory experiment on crowd-out in a voluntary contribution mechanism public goods game. In our setting, a standard argument states that a tax should not be effective in raising contributions, because agents respond by reducing voluntary contributions by the amount...

We report the results of a laboratory experiment on crowd-out in a voluntary contribution mechanism public good game. In our setting, a standard argument states that a tax should not be effective in raising contributions, because agents respond by reducing voluntary contributions by the amount...

Behavioral research provides evidence consistent with individuals enjoying kind acts (Crumpler and Grossman, 2008) and with individuals enjoying harmful acts (Abbink and Herrmann, 2011). This paper reports on an experiment designed to test if kind or harmful acts are an artefact of the...

Undergraduate students are often interested in applications of economic principles. Although popular television shows and movies are not real-world examples, drawing from these sources can motivate disinterested students and provide a pedagogical tool that enhances instruction. In this article,...

This paper reports an experimental investigation of a trust game using either cash or class credit as incentives to participants. We recruit from two auditorium classes. In one class, each token has cash value; in the other, each token is worth extra-credit points added to the students’ overall...

Some problems are more easily solved if context is provided. A stylized result from beauty contest experiments is that most choices are consistent with level-1 or level-2 thinking rather than the Nash equilibrium. The beauty contest experiment reported in this paper includes treatments in which...

Merriman (2002) argues that cigarette smuggling does not reduce the health benefits of cigarette taxation, because, in addition to the purchase price of smuggled cigarettes, those purchasing smuggled cigarettes have to pay a higher inconvenience price for their cigarettes, so that smuggled...