This study reports on a door-to-door field experiment on the effects of introducing portable debit terminals for mobile payment authorization on the contributions to charity. About 4,500 households are approached, randomly divided in three experimental treatments, distinguished by the...

We consider a market with a profit-maximizing monopolistic firm. Utility-maximizing consumers either buy one unit of the good or none at all. The demand for the good is influenced by local social interactions. That is , the utility which a consumer derives from the consumption of the good...

Empirical studies of labor markets show that social contacts are an important source of job-related information. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings motivate our model in which...