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Voluntary contributions in a system with uncertain returns: a case of systemic risk
(Springer, 2019-12-06)
This paper investigates systemic risk that emerges from the interplay between uncertain returns to individual actions, uncertainty on others’ behavior and all this filtered through individual attitudes toward risk. We ...
Catalog Competition: Theory and Experiments
(2015-09-03)
This paper studies a catalog competition game: two competing firms decide at the same
time product characteristics and prices in order to maximize profits. Since Dasgupta and
Maskin (1986) it is known that this one-shot ...
Rehabilitation and social behavior: Experiments in prison
(Elsevier, 2020-01)
Despite the economic and social significance of crime reduction and criminals’ rehabilitation, research evaluating the effects of incarceration on behavior is surprisingly scarce. We conduct an experiment with 105 prison ...
Punishing liars—How monitoring affects honesty and trust
(Public Library of Science, 2018)
Previous experiments have shown that the possibility to punish liars does not per se
increase honesty in principal-agent relationships. In this study, we first establish a punishment mechanism that substantially enhances ...
Punishment and disclosure probabilities in an experimental deception game
(Universidad de Navarra, 2017-09-07)
Previous findings have shown tha
t punishment does not
necessarily
reduce deception i
n
principal agent
-
relationships
.
We
shed
further
light on this issue by
first
identifying
a ...
Exchange markets with endogenous quality: When the lemons problem enchances trade
(2016)
A worrying feature of Akerlof’s
(1970) model is that the existence of sufficiently many
products of
relatively
low quality (“lemons”) in a market
may not only drive
those of
high
quality ...
Testing the trust game with undergraduates: an experiment with wealth heterogeneity
(Editorial Universitat Politècnica de València, 2017)
Trust, reciprocity and a fair distribution of resources are cruzial in the
sustainability of any economic system. As a matter of fact, those are values
that should be promoted among the new generations, especially ...
The heaven dictator game: costless taking or giving
(Elsevier, 2019-10)
We present experimental data from the Heaven-Dictator Game, a generalization of the Dictator Game that investigates the overstatement of inequality reduction in the motivation of social preferences. Two players start with ...
An experimental study on the effect of co-payment in public services
(Elsevier, 2016-08-08)
This paper aims to shed light on the impacts of imposing co-payment on public services, a strategy increasingly employed in the realm of publicly provided healthcare. We analyze the effect of imposing a charge for the ...
Ultimatum salary bargaining with real effort
(Elsevier, 2008)
We report experimental results on ultimatum salary bargaining with a real task performed by employee subjects. Compared to the baseline treatment with a hypothetical task, the introduction of a real task raises offers, ...