Bankers didn’t want the change; they wanted the money of contributors without a reform of the financial sector. Although the idea of a reform and of a new regulation method was brought in the discussion in January 2007, it remained at idea level state. The idea of excessive regulation would...

The current “buzzword” among leaders is “transparency.” Hardly a day goes by that a group leader (politician, manager, or administrator) doesn’t state that he values transparency and will provide full disclosure of his information and actions. This project tests experimentally whether...

A local public-good game played on directed networks is analyzed. The model is motivated by one-way flows of hydrological influence between cities of a river basin that may shape the level of their contribution to the conservation of wetlands. It is shown that in many (but not all) directed...