Combining experimental datasets from seven individual studies, including 255 asset markets with 2,031 participants, and 36,326 short-term price forecasts, we analyze the role of heterogeneity of beliefs in the organization of trading behavior by reproducing and reconsidering earlier experimental...

This paper contributes to the corruption literature by implementing bribery in the laboratory as a dynamic three person sequential game with a focus on social inefficiency and citizen response. In contrast to the design of Abbink (2002) and Cameron et al (2006), our design holds bribe-bargaining...

We analyze the effect of privatization on the performance of British Airways by examining the privatization's impact on airfares and competitors' stock prices. We find that stock prices of U.S. competitors fell a significant 7% upon British Airways' privatization, implying expectation of a more...