Economics
Recent Submissions
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Cooperation through Coordination in Two Stages
(Elsevier, 2018)Efficient cooperation often requires coordination, such that exactly one of two players takes an available action. If the decisions whether to pursue the action are made simultaneously, then neither or both may acquiesce ... -
Running out of time
(Springer Nature, 2018-04-18)Choosing how much to take and how much to preserve from our environment is a challenging task, and every small decision counts. A behavioural experiment sheds new light on how time pressure negatively affects sustainability ... -
Failure to CAPTCHA Attention: Null Results from an Honesty Priming Experiment in Guatemala
(MDPI, 2017-04-28)We report results from a large online randomised tax experiment in Guatemala. The trial involves short messages and choices presented to taxpayers as part of a CAPTCHA pop-up window immediately before they file a tax return, ... -
Good Communication Requires Experimenting with Your Language
(Harvard Business Review, 2016-02-04) -
(Mis)perceptions of inequality
(Elsevier, 2017-07-24)Laypeople's beliefs about the current distribution of outcomes such as income and wealth in their country influence their attitudes toward issues ranging from taxation to healthcare — but how accurate are these beliefs? ... -
Think global, act local: Preserving the global commons
(Springer Nature, 2016-11-03)Preserving global public goods, such as the planet’s ecosystem, depends on large-scale cooperation, which is difficult to achieve because the standard reciprocity mechanisms weaken in large groups. Here we demonstrate a ... -
Registered Replication Report: Rand, Greene, and Nowak (2012)
(SAGE Publications / Association for Psychological Science, 2017-03-01)In an anonymous 4-person economic game, participants contributed more money to a common project (i.e., cooperated) when required to decide quickly than when forced to delay their decision (Rand, Greene & Nowak, 2012), a ... -
How to Design (and Analyze) a Business Experiment
(Harvard Business Publishing, 2015-10-29)The rise of experimental evaluations within organizations — or what economists refer to as field experiments — has the potential to transform organizational decision-making, providing fresh insight into areas ranging ... -
Your Company is Full of Good Experiments (You Just Have to Recognize Them)
(Harvard Business Publishing, 2015-11-23) -
Cooperating with the future
(Nature Publishing Group, 2014-06-25)Overexploitation of renewable resources today has a high cost on the welfare of future generations1,2,3,4,5. Unlike in other public goods games6,7,8,9, however, future generations cannot reciprocate actions made today. ... -
Innovation with field experiments: Studying organizational behaviors in actual organizations
(Elsevier, 2017-10-31)Organizational scholarship centers on understanding organizational context, usually captured through field studies, as well as determining causality, typically with laboratory experiments. We argue that field experiments ... -
High stakes: A little more cheating, a lot less charity
(Elsevier, 2018-06-11)We explore the downstream consequences of cheating–and resisting the temptation to cheat–at high stakes on pro-social behaviour and self-perceptions. In a large online sample, we replicate the seminal finding that cheating ... -
Punishment does not promote cooperation under exploration dynamics when anti-social punishment is possible
(Elsevier, 2014-07-08)It has been argued that punishment promotes the evolution of cooperation when mutation rates are high (i.e. when agents engage in ‘exploration dynamics’). Mutations maintain a steady supply of agents that punish free-riders, ... -
Heterogeneity in background fitness acts as a suppressor of selection
(Elsevier, 2014-02-21)We introduce the concept of heterogeneity in background fitness to evolutionary dynamics in finite populations. Background fitness is specific to an individual but not linked to its strategy. It can be thought of as a ... -
How feedback about leadership potential impacts ambition, organizational commitment, and performance
(Elsevier, 2018-06-28)In the present research we report results from two experimental studies that examine how feedback about leadership potential impacts leadership ambition, organizational commitment, and performance. Study 1 used an experimental ... -
A practical guide to setting up your Tax Evasion Game
(Journal of Tax Administration, 2018-05-01)Over the last four decades, an important stream of literature has studied tax compliance behaviour in the laboratory through tax evasion games. In this review of over 70 papers, the main results are summarised, highlighting ... -
Contests with ambiguity
(Oxford University Press (OUP), 2018-06-09)The paper examines contests where players perceive ambiguity about their opponents' strategies and determine how perceptions of ambiguity and attitudes to ambiguity affect equilibrium choice. Behaviour in our contest is ... -
Consumer Search, Incomplete Exchange Rate Pass-Through and Optimal Interest Rate Policy
(Wiley, 2018-06-05)This paper studies utility-maximizing monetary policy in a two-country economy with consumer search frictions. Search frictions provide a micro-foundation for incomplete exchange rate pass-through and international ... -
Self-employment income gap in Great Britain: How much and who?
(Oxford University Press (OUP), 2018-06-02)This paper utilises an expenditure survey-based data set that is rich in terms of observable characteristics to estimate the ‘income gap’ (defined to be one minus the proportion of reported to true income) of the ... -
Decision Making With Risk-Based Weather Warnings
(Elsevier, 2018-03-30)We study decisions under different weather warning systems that vary in format and/or information conveyed using a laboratory experiment. Participants have to decide between a safe but costly option (spending to protect ...