Previous research provides compelling evidence that defaults affect individual behaviour in several domains. However, evidence of their influence in strategic interaction is scant. We experimentally investigate the effect of defaults on contributions to a public good and attempt to shed light on...

We compare three methods for the elicitation of time preferences in an experimental setting: the Becker-DeGroot-Marschak (BDM) procedure (BDM), a second price auction and the multiple price list format. The first two methods have been used rarely to elicit time preferences. Although all methods...

This paper analyses the effects played by rules within a coordination game. The starting point is constituted by the wide field of Public Choice theories. More precisely the focus of the research is on the stability of the voting process. The experiment is build on a game played through...

The focus of this paper is on altruism and coordination among agents with different income levels. A special form of altruism (ethical altruism) is investigated by means of experiments. The definition of altruism here used takes the hint by the A. Sen’s concept of obligation, i.e. behaviours...

The bias generated by the subjective perception of scarcity on economic behavior was investigated on two groups of children aged 9-10 and 12-14 years old and on a sample of adults. Children had to choose a toy among a set of identical objects varying only in color: one color was scarce the other...

In two laboratory studies involving 285 undergraduate students presented with a one-shot real choice we observe a systematic influence of time delay on the preferences for two lotteries, equal in expected value, but different in the degree of probability and outcome. The more the outcome is...