There are instances when a consumer's overall utility depends on her own utility as well as on the utility of another individual (e.g., in case of shared consumption with another individual, or in case of buying a gift for someone). In such instances, in order to make a choice that maximizes her...

Rawls (1958) suggested that it is possible to arrive at a fair allocation in a 2-player Nash demand game by granting equal gains to both players. Rawls theorized that players themselves would select this allocation if they bargain from the 'original position'. Harsanyi (1958) suggested the...

Standard game-theoretic analysis of a principal-agent problem postulates that in a one-period game the agent will not choose non-contractible quality. However, evidence exists that service providers choose costly quality in non-contractible dimensions, even in absence of reputation concern, if...

This paper combines a game, a vignette of the misappropriation of citizens’ funds, and a survey to inform an experiment on corruption in India. We assess three nonmonetary interventions’ efficacy in decreasing a player’s propensity to approve a second party’s attempt to misappropriate a...