While many economic interactions feature “All-or-Nothing” options nudging investors towards going “all-in,” such designs may unintentionally affect reciprocity. We manipulate the investor’s action space in two versions of the “trust game.” In one version investors can invest either...

The fact that human economic behaviour has a significant irrational element - one that is simultaneously hard-to-explain and highly predictable - has fascinated economists for decades from Fechner, 1860 to Shiller, 2005 and beyond. In this dissertation, I investigate the field from various...