The random lottery incentive (RLI) mechanism (which involves subjects taking many decisions, only a randomly chosen one of which determines the payment to the subject) is widely used in many experiments, and hence its validity is of crucial importance to the inferences that can be drawn from the...

Jekyll and Hyde were in fact two people inside the same person - an obviously dynamically-inconsistent person. In the book and in the movie, the dynamic inconsistency was resolved in a rather dramatic way. We investigate its resolution in the laboratory.

A constitution is a collection of principles or axioms determining how society should be organized and a description of the ordering of the axioms in terms of their importance and invocation. We report on an exploratory experiment aimed at discovering preferred axioms relating to the...