A country’s production possibility frontier or PPF is defined as the boundary of its economy’s production set in the net output space for a given technology and fixed quantities of primary factors of production. In general equilibrium theory, exogenous changes in technology or primary-factor...

The article provides a survey of the growing experimental literature on the investigation of corruption and extends previous surveys. We discuss three aspects which deserve more attention in further research. These are, first, a more careful consideration of individual norms, second, a broader...

The literature on enterprises in Sub-Saharan Africa provides evidence that there are significant differences between companies run by members of the majority population and those run by members of minorities. Differences are frequently related to size, age, and certain success indicators....

Only insufficient data are available on the recruitment methods of enterprises in Africa. Our aim is to investigate the recruitment methods of small and medium sized private companies in Tanzania. We test whether the way formal and informal methods are employed is similar or different to the way...

In an experiment designed to test for expressive voting, Tyran (JPubEc 2004) found a strong positive correlation between the participants' approval for a proposal to donate money for charity and their expected approval rate for fellow voters. This phenomenon can be due to bandwagon voting or a...

This paper addresses the similarity between behavioural economics and social anthropology with respect to approaches on repeated reciprocity. The case at hand is the application of the Centipede game to Marcel Mauss’s concept of the Gift. In a Centipede game players interact in an alternating...

This paper addresses the participative pricing mechanism of Pay-What-You-Want pricing as related to Marcel Mauss’s concept of the Gift. Reciprocity is a behavioural pattern imminent to the Gift as well as to Pay-What-You-Want pricing. The paper refers to results from behavioural economics in...

This paper puts Marcel Mauss’s concept on money in the context of economic theories. Mauss articulated his thoughts on money in the first decades of the 20th century. They are considerably less known and discussed than his famous essay on ‘the gift’. Nevertheless, his contributions on the...