We explore the effect of individual perceptions of climate anomalies on collective action within a context of environmental complexity and uncertainty. To do so, we construct two competing propositions that are theoretically robust but with very different real-world implications. Our first...

A novel field experiment shows that learning activities in pairs with a greater spread in abilities lead to better individual work performance, relative to those in pairs with similar abilities. The positive effect of the former is not limited to their performance in peer learning material, but...

This paper examines whether mobile money adoption can induce informal firms to formalize, an aspect that has been overlooked in the empirical literature. Despite several regulatory reforms such as simplifying tax systems and reducing the costs and time needed to register a business, informality...

Individuals often face financial incentives that challenge their desire to behave hon- estly. Strategically making excuses to justify dishonesty allows them to give in to the temptation of financial benefit and retain their moral self-image. In the context of insurance underwriting, the stakes...

We conduct a field experiment to explore why firms pay dividends. We change managers’ perception on agency concerns from outside investors, investors’ risk preference, the information gap with outside investors, and firms’ tax clientele by contacting publicly listed firms in China to test...

Many individuals who were previously incarcerated are re-arrested in the months and years following release from prison. We investigate whether encouragement to use post-incarceration support services reduces re-arrest. Voluntary participants in our field experiment are offered a monetary...

Small and Medium-sized Enterprises (SMEs) make up the largest share of companies in most economies. They are major users of resources and cause a large share of environmental pollution, which makes them relevant targets for public policy programs aiming to increase their sustainability. We study...

Financial education can contribute to more sustainable societies and the United Nation’s Sustainable Development Goals, with international organizations striving not to exclude any group from measures to enhance financial literacy. But is financial knowledge even relevant in a monastic...

Iran has the world's only government-regulated kidney market. We report the results of the first field study of donor behaviour in this unusual market. Participants have lower risk tolerance and higher patience levels than the Iranian average but display no difference in rationality from...