This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...

This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...

This paper offers an explanation of European cross country differences in the trust enjoyed by television. Our argument turns on the way that, while there is significant public ownership of television in all countries (so that trust in broadcasting as a whole is bound to depend importantly on...

This paper reviews some of the key responses to Hahn's famous retiring remarks and argues that none has satisfactorily addressed Hahn's suggestion that a discipline does not need to consciously discuss its foundations as it can rely on an evolutionary process to select them. The paper presents a...

We present the results of an experiment that attempts to measure the social value of groups. In the experiment, group membership is induced artificially: subjects interact with insiders and outsiders in trust games and periodically enter markets where they can trade group membership. We find...

type="main" xml:lang="en" <title type="main">SUMMARY</title> </section> <title type="main">Public service broadcasting</title> <p> The television broadcasting industry is subject to an exceptionally high level of public intervention, but one of the reasons for this, the absence of competition, is fast disappearing as households become multi-channel. This paper...</p>