make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …

irreversible investment. Subjects had the option to trade a safe endowment for a claim on the sum of future realizations from a … initially bet on the state of the world to obtain the high drift, subjects in the treatment group seize the investment at …

an incentivized dictator game) and investment in an Islamic fund. Using a lab experiment in a Muslim majority country … investors with religious preferences are likely to accept less convenient returns and risk to pursue the investment in line with … their religious preferences. We find that investment in the Islamic fund is driven by religious preferences, with investors …

investment behavior. The bilateral external benefits induce an investment multiplier effect. This multiplier effect depends in a … of investment and the signaling incentives induced by competition. …

properties of the equilibrium investment behavior. The bilateral external benefits induce an investment multiplier effect. This … how it interacts with other important factors such as the costs of investment and the signaling incentives induced by …

properties of the equilibrium investment behavior. The bilateral external benefits induce an investment multiplier effect. This … how it interacts with other important factors such as the costs of investment and the signaling incentives induced by …

investment timings. Players choose when to invest in a nonrival project with uncertain returns. The earliest investor bears the … costs of investment and all players learn whether the project is of good or bad quality. Informational externalities create … free-riding incentives resulting in strategic delays in investment timings. Our theoretical analysis suggests that …

optimal public policy, defined by the time path of investment and consumption. In each period, a legislature with … presentatives of each of n districts bargain over the current period's endowment for investment in the public good and transfers to … investment in the public good and less pork. We examine the theoretical equilibrium predictions by conducting a laboratory …