Widespread global collapses of fisheries corroborate decades-old predictions by economists, made long before large-scale industrialization of the world's fisheries, that open access would have deleterious ecological and economic effects on fishery resources. Incentive-based alternatives...

Fishermen who compete for a resource in an open access setting generally do not share information amongst each other about where stocks are located. On the other hand, in fisheries where there are established property rights or fishing cooperatives, fishermen tend to share information with each...

Professional bookmakers rarely accept bets from individuals who directly control the outcome of the bet. We analyse a unique exception to this rule and a potential policy innovation in the battle against obesity: a weight loss betting market. If obese individuals have time-inconsistent...

Widespread global collapses of fisheries corroborate decades-old predictions by economists, made long before large-scale industrialization of the world's fisheries, that open access would have deleterious ecological and economic effects on fishery resources. Incentive-based alternatives...

Self-control problems have recently received considerable attention from economic theorists. We conducted two studies to test the benefits of externally imposed deadlines and how willpower depletion affects behavior, providing some of the first data in these areas. Each study involved a...

A number of studies have estimated how much energy conservation is achieved by providing households with real-time information on energy use via in-home displays. However, none of these studies tell us why real-time information changes energy-use behavior. We explore the causal mechanisms...

Kilauea volcano is the largest stationary source of SO2 pollution in the United States of America. Moreover, the SO2 that the volcano emits eventually forms particulate matter, another major pollutant. We use this exogenous source of pollution variation to estimate the impact of particulate...

Self-control problems have recently received considerable attention from economic theorists. We conducted two studies involving behavioral interventions expected to affect performance, providing some of the first experimental data in this area. In the first we investigate whether evenly spaced...