prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

reduces the short-run likelihood of institutional change toward democracy. Output contractions due to adverse weather shocks …

This paper reports the results from a controlled field experiment designed to investigate the causal effect of …. Our results are consistent with workers having a preference for conformity and being reciprocal at the same time. …

effect in the form of an externality from other consumers’ choices and or a conformity effect representing a need for making … similar choices as others. A positive spillover effect increases the demand for the good with interactions, and a conformity … implication is that spillover in consumption increases the associated derived demand for labor and conformity in consumption makes …

dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor … effect or a conformity effect. Positive spillover increases the demand for the good with interactions, and a conformity …

behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm …

benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …