This paper investigates whether distributional conflicts become more likely when groups are involved in the fight. We present results from a laboratory experiment in which two parties can appropriate resources via a contest or, alternatively, take an outside option. Keeping monetary gains...

Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...

In this study we explore the knowledge and beliefs regarding behavioral biases among behavioral scientists, financial professionals, and the general population. We investigate knowledge about ten prominent biases and collect beliefs about the knowledge levels of each of these subject pools by...