We experimentally study the effect of alternative campaign finance systems - as characterized by different information structure about donors - on donations, election outcomes, political candidates' policy choices, and welfare. Three alternative campaign finance systems are considered: a full...

A popular approach to explain over-contribution in public good games is based on the assumption that people care (either positively or negatively) about the utility of other participants. Over-contribution then is an outcome of utility maximization where utility depends on subjects' own payoffs...

We experimentally study the profitability of pricing mechanisms that allow customers to quote their own prices, such as Priceline.com's Name-Your-Own-Price (NYOP). Presumably firms find this sales method profit-maximizing despite the concerns that NYOP web-sites can cannibalize profit from...