The paper proposes micro-foundations for organizational analysis grounded in behavioral economics. As Simon (1985) pointed out it, "nothing is more fundamental in setting our research agenda and informing our research methods than our view of the nature of the human beings whose behavior we are...

We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...

We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...