We run an experiment to study the relationship between honesty, age and self-control. We focus on children aged between 5 and 15 as the literature suggests that self-control develops within such age range. We ask each child to toss a fair coin in private and to record the outcome (white or...

We study the effect of alternative parental teaching strategies on the propensity to save and the amount saved during adulthood. Using a panel dataset from the Dutch DNB Household Survey we find that parental teaching to save increases the likelihood that an adult will save by 16%, and the...

Systematic differences in decision making between genders have been discovered in both competitive and pro-social environments. These contexts, however, have been previously studied in isolation while in naturally occurring settings pro-social and competitive pressures often overlap in...

Research in economics and psychology has established that informal non-monetary sanctions, particularly expressions of negative emotion or disapproval, can enforce fair economic exchange. Scholars, however, are only beginning to understand the reasons non-monetary sanctions affect economic...