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...

The bias generated by the subjective perception of scarcity on the consumer's choice is discussed from a theoretical perspective. The core idea here discussed is that scarcity is an Lancasterian attribute of the goods which is not endogenously built in the goods, like many physical attributes,...

The focus of this paper is on altruism and coordination among children. A special form of altruism (ethical altruism) is investigated by means of experiments. The definition of altruism used here follows from A. Sen’s concept of obligation, i.e. behaviour that produces advantage for someone...

This is an experiment on the effect of norm application in a public good game. We want to investigate whether a control norm affects the contribution level differently, only in relation to the way in which the norm is applied in the game. We compare the amount of public good provided in two...

Inspired by Karl Polanyi’s writings on three allocation modes, namely reciprocity, exchange and redistribution, we first tested a reciprocity ring with ten players. The baseline treatment, with no possibility of socialisation, displayed very low levels of allocative efficiency. Consistently...