In a laboratory experiment designed to test aspiration-based theories of happiness, McBride (2010) found no evidence of the predicted negative effect of own past payments on subjects’ satisfaction with their current round payments. This paper presents further analysis of McBride’s data that...

This document presents the preliminary findings from the quantitative data generation and analysis conducted as part of the project "Financial decision-making, gender and social norms in Zambia". Using a series of specially designed behavioural experiments,we generated an extensive set of...

Using a specially designed experiment, we investigate whether and how interdependence in risk exposure i.e., risk taking by some members of a potential risk sharing group affecting not only their own but also their co-members risk exposure, affects both risk taking and ex post sharing. The...

This document presents the preliminary findings from the quantitative data generation and analysis conducted as part of the project "Financial decision-making, gender and social norms in Zambia". Using a series of specially designed behavioural experiments,we generated an extensive set of...