Using a survey-based experiment, this paper examines how tax authorities’ attributes of trust and power, when featured in the media, impact intended tax compliance. We apply excerpts from newspaper coverage on tax issues to manipulate the trustworthiness and power of tax authorities in Austria...

I study allocations and beliefs about allocations in taking and giving games. The allocations are not significantly different between the two games, providing evidence on the isomorphism (equivalence) of taking and giving. In both games, the passive players are pessimistic about (underestimate)...

In light of the U.S. Supreme Court’s recent decision, Kelo vs. New London, there has been a renewed interest in problems dealing with the acquisition of perfectly-complementary inputs, specifically in the context of land assembly and eminent domain. Using a sequential-Nash-bargaining model we...

Many economists and educators favour public support for education on the premise that education improves the overall quality of life of citizens. However, little is known about the different pathways through which education shapes people's satisfaction with life overall. One reason for this is...

In this paper we explore how personality and gender influence how individuals cope with illness. Unsurprisingly, illness has a negative effect on an individual's health satisfaction, but the strength differs by gender, personality and the presence of multiple physical illnesses. Men with...

Several studies have shown that people greatly discount future benefits and costs, but few have examined how discounting is manifested in strategic settings. This paper investigates the degree to which the timing of payments affects behavior in four commonly studied strategic settings: a...

Prospect theory has changed the way economists think about decision making under uncertainty – yet after so many years there have been few applications of the theory and those appearing mostly in finance. One of the barriers to applying the prospect theory is that it is not designed to be...

This paper sheds light on the role of family networks in the dynamics of a West African labour market, i.e. in the transitions from unemployment to employment, from wage employment to self-employment, and from self-employment to wage employment. It investigates the effects of three dimensions of...

We present new results on the relationship between health behaviors and experimental measures of time and risk preferences. In contrast to recent findings in the economics literature, we find no evidence of a link between time preference and self-reported health behaviors and outcomes such as...

Whereas experimental studies of common pool resource (CPR) dilemmas are frequently terminated with collapse of the resource, there is considerable evidence in real-world settings that challenges this finding. To reconcile this difference, we propose a two-stage model that links appropriation of...