We present a laboratory experiment that measures the effects of group identity--one's perceived membership in social groups--on market transactions in an oligopoly market with a few sellers and buyers. We artificially induce group identity using art preferences and college majors in different...

We conduct a quasi-field experiment in a virtual world environment to investigate the impact of social distance on economic choices. We design trust games with partner selection, in which the proposer chooses between a familiar responder and a stranger with a higher multiplier. When choosing...

We present a laboratory experiment that measures the effects of group identity -- one's perceived membership in social groups -- on market transactions in an oligopoly market with a few sellers and buyers. We artificially induce group identity using art preferences and college majors in...