Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare …. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact …, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase …

Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

Tournament incentives prevail in labor markets. Yet, the number of tournament winners is often unclear to competitors …. Men also increase their willingness to enter competition in the presence of ambiguity. Overall, both effects contribute to …

Recent research has shown that women shy away from competition more often than men. We evaluate experimentally three … Competition unless a critical number of female winners is reached. We find that Quotas and Preferential Treatment encourage women … winners is not worse. The level of cooperation in a post-competition teamwork task is even higher with successful policy …