Using a minimum effort game at the onset of a conditional cash transfer in Colombia, we document that increasing exposure time to the intervention is associated with a higher (lower) probability of beneficiaries choosing high (low) effort. We argue that program-induced links between...

Using a minimum effort game at the onset of a conditional cash transfer in Colombia, we document that increasing exposure time to the intervention is associated with a higher (lower) probability of beneficiaries choosing high (low) effort. We argue that program-induced links between...

This paper documents a field experiment on how peer recognition affects cooperation in the workplace. Using an online public goods game in a large financial corporation in Colombia, we show that both public and private recognition have a significant within-subjects effect on employee voluntary...

Altruism, understood as the individual disposition to sacrifice personal income to improve someone else’s income can be a rational choice strategy which responds to different motivations, incentives and institutions, in a consistent way with the donor’s optimization logic. In this article we...

In the year 2007 It was held the research project called “Measuring Trust, Trustworthiness and Pro-Sociality in Six Latin American Cities”: Bogotá, D.C, Buenos Aires, Caracas, Lima, Montevideo and San José de Costa Rica. The purpose of this study was to analyze the interaction between...

This paper uses an experimental field approach to investigate the pro-social preferences and behavior of social services providers and the behavior of potential beneficiaries in Bogota, Colombia. Field experiments were conducted using games including a newly designed Distributive Dictator Game...

Although social capital has been considered of the utmost importance for development and poverty alleviation by governments and NGOs, it remains a complex and elusive concept. Different dimensions of social capital form part of the puzzle: cooperation is an individual other-regarding preference;...

Promotion of pro-social behavior in social dilemmas has been subject to an increased interest among social scientists and policy makers due to the relevance of Common Pool Resources (CPR) in long-run human well-being. Although economists know a lot about the effect of incentives on pro-social...

Security prices are informative about the probability of a subsequent downgrade, but this informativeness is affected by two frictions taking place between the issuer and the investor. I use a measure of documentation quality in private label mortgages to show that the predominant friction...

We document a concentration effect in the production of green assets, using data on multifamily mortgages bought by Fannie Mae since 2016. Lenders with a larger share of a given Metropolitan Statistical Area originate more green loans in that location. Green mortgages in concentrated markets...