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We describe a natural field experiment investigating donation behaviour. The setting was an art gallery where donations could be deposited into a transparent box in the foyer. Two aspects of the donation environment were manipulated: signs on the donation box and the initial contents of the box....
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This article presents a generalized approach to pricing risk in markets that are subject to information asymmetries. Asymmetric information can result in prohibitive trading costs and prevent the otherwise mutually beneficial exchange of risk. When dealing with risks typically transferred...
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Offering practical examples, this book helps practitioners to apply the insights of how best to pursue a bottom-up approach to development in their own work, while also helping theoreticians and students to develop a strong analytical framework on the subject
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