We provide a new perspective to understand poverty traps by researching the effect of psychological poverty on economic decisions. Our innovative sample consists of two pools of subjects: impoverished students and normal students from the same university. Subjects were first randomly assigned...

We explore the effectiveness of an anti-corruption mechanism that combines the top-down institutions and the bottom-up monitoring from the masses. Based on a repeated stranger matching harassment bribe game, we introduce the interventions of the group monitoring and the endogenous crackdown....

We explore the effectiveness of an anti-corruption mechanism that combines both the merits of the top-down institutions and the bottom-up monitoring from the masses. Based on a repeated stranger matching harassment bribe game, we introduce a group monitoring mechanism that corrupt officials’...

We explore the effectiveness of an anti-corruption mechanism that combines both the merits of the top-down institutions and the bottom-up monitoring from the masses. Based on a repeated stranger matching harassment bribe game, we introduce a group monitoring mechanism that participants in the...