'Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the...

The private provision of public goods (PPPG) is still one of the most fascinating puzzles in economics. Underpredicted by standard economic theory but outrightly evident in empirical evidence, its presence opened doors for new methods to enter the economist's toolkit and helped birthing the...

In this thesis I present three essays in which the influence of heuristics on individual decision making is analyzed and two essays dealing with behavioral aspects of moral costs. In chapter two, we investigate the effect a traders’ decision can have on the disposition effect heuristic when...