There is ample evidence for a "democracy premium". Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...

Analyses of the shape and functioning of systems of political rule need to address informal institutions, which exist alongside and can relate to formal institutions in various ways. In this paper, I first discuss some analytical foundations of the study of such institutions. I then suggest that...