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It is now well documented that individuals tend to change their behavior when their actions are observed by others. Yet there is no systematic way of measuring this dimension of preferences at the individual level. In this paper, we propose a novel experimental game to measure individual...
Persistent link: https://www.econbiz.de/10012950081
We study how cooperation-enforcing institutions dynamically affect values and behavior using a lab experiment designed to create individual specific histories of past institutional exposure. We show that the effect of past institutions is mostly due to “indirect” behavioral spillovers:...
Persistent link: https://www.econbiz.de/10012950895