Agents who are tied in a social dilemma situation, often times also engage in other economic activities that require (bilateral) cooperation. We develop an economic experiment to test whether the threat of being excluded from the benefits of cooperation in such an alternative economic activity...

The experimental literature on trust game experiments is quite extensive. Those studies consider situations in which trustors and trustees starting with a positive endowment might become even wealthier when Trust and Trustworthiness pay off. We contrast such a situation with a treatment in which...

We study how human preferences affect the resilience of economies that depend on more than one type of natural resources. In particular, we analyze whether the degree of substitutability of natural resources in consumer needs may give rise to multiple steady states and path dependence even when...