We study how two dimensions of market conditions affect behavior in experimental gift-exchange markets with repeated interaction. First, we consider the impact of competitive imbalance, by varying whether there is an excess supply of firms or an excess supply of workers in the market. Second, we...

We analyse how market competition in a vertically differentiated polluting industry is affected by product variants that comply at different levels with "green" social norms. A green consumption behaviour is considered as a byword of good citizenship. Consumer preferences depend on a combination...

In modern societies more and more people interact with strangers in one-shot situations. In these situations it might be difficult to trust others. Yet, trust is an essential component of most economic interactions. In this paper (in a one-shot situation) an impartial third party can reward...

Field experiments rely heavily on self-reported data, but subjects may misreport behaviors, especially sensitive ones such as crime. If treatment influences survey responses, it biases experimental estimates. We develop a validation technique that uses intensive qualitative work to assess survey...

Large-scale cooperation, or the willingness of individuals to incur costs in order to help others, is a defining trait of the human species. However, cooperation poses a theoretical puzzle: since it is individually costly to cooperate, it seems that natural selection should favor non-cooperation...

In the United States, intellectual property (IP) law is intended to encourage the production of new creative works and inventions. Copyright and patent laws do this by providing qualifying authors and inventors with a bundle of exclusive rights relating to the use and development of their...

Goeree and Holt (2001) experimentally study a number of games. In each case they initially find strong support for Nash equilibrium, however by changing an apparently irrelevant parameter they find results which contradict Nash equilibrium. In this paper, we study the five normal form games from...

This study investigates the link between cognitive abilities and civic engagement of older Europeans (aged 50), using waves two and three of the SHARE dataset. An instrumental variable approach is employed in an attempt to disentangle possible endogeneity issues arising between cognition and...

An observational, cross-cultural study and an experimental study assessed behaviors indicative of a moral code that condones, and even values hostility toward outgroups. The cross-cultural study, which used data from the Standard Cross-Cultural Sample (Murdock & White, 1969), found that for...