Is punishment of free riders driven by descriptive social norms of cooperation and punishment? We conduct experiments in which participants interact in a one-shot social dilemma with punishment. We study how punishment of free riders is influenced by behavior among members of a payoff-irrelevant...

Purpose: This paper documents a strong violation of the law of one price surrounding a large rights issue. Design/methodology/approach: If prices are right, the relation between the prices of shares and rights follows the outcome of a simple calculation. Findings: In the case of Royal Imtech...

In this chapter, we argue that game shows can be a useful source of data to study cooperative behavior. The unique combination of well-defined decision problems and large stakes makes game show data complementary to both experimental and field data. Over the past years, a number of TV shows have...