This paper shows how cognitive human dispositions that take effect at the level of an individual firm's corporate culture have repercussions on an industry's evolution. In our theory, the latter is attributable to evolving corporate cultures coupled with changes in a firm's business environment....

In certain economic experiments, some participants willingly pay a cost to punish peers who contribute too little to the public good. Because such punishment can lead to improved group outcomes, this costly punishment has been conceived of as altruistic. Here, we provide evidence that individual...

Using a common pool resource game protocol with voting we examine experimentally how cooperation varies with the level at which (binding) votes are aggregated. Our results are broadly in line with theoretical predictions. When players can vote on the behavior of the whole group or when leaders...