We investigate the role of information on consumers' valuation for food products containing genetically modified organisms (GMOs), using data from a specifically designed survey. We provide three main results. First, we show that introducing mandatory labels to identify whether or not a food...

In this study, we implement a series of voting games in the laboratory to test whether a strategic voting behavior in a proportional system would arise and induce a two-party system. In each voting game, a finite number of subjects with single-peaked preferences, uniformly distributed on a...

This paper analyses, by means of an economic experiment, the impact of (judicial) review on third party punishment. Whereas the existing literature has studied extensively third party costly punishment as such(both by one or two potential punishers), it has not addressed the consequences of a...

In this paper we study how people from different European countries would react, in terms of tax compliance, to institutional changes. We choose an experimental setting and we focus on two features of the tax system - efficiency and tax rate. We develop our analysis in three countries...