We study the practice of self-control in an organizational social dilemma when the stakes are large, using 47 years of vital census data from 18th century Sweden. From 1750 to 1800, ninety percent of Sweden (the peasantry) lived in a simple-structure organization called a bytvång or village...

Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: the...

We present results from two studies that show a positive relation between cognitive reflection and trusting behavior, but no significant relation with trustworthy behavior. Our finding holds regardless of individual distributional social preferences and risk aversion. Our results add to a...

Human decision making in the social domain is modulated by the interaction between fast (intuitive) and slow (reflective) processes. Forcing individuals to decide quickly, versus slowly, is likely to elicit different social behaviors. Similarly, individual choices may also depend on the time...

This research examines results from laboratory experiments in which five human subjects participate as sellers in a Cournot oligopoly environment. The central issue is whether repeated play among a group of privately informed subjects will lead to convergence to a unique, static, noncooperative...