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Crowd Funding is a medium to raise money online that was initiated as a way so that people could donate in finite quantities of capital to empower young people to support the project. Through a common platform, individuals may use crowdfunding to invest resources in start-up companies. Problem...
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I study the effect of sunk entry-costs on potential competition in a multi-market framework, where potential entrants have different home market profits. Although sunk-entry-costs are supposed to increase entry barriers, my experimental results suggest that firms view entry costs differently...
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We present an experiment that evaluates the relative efficacies of higher fines and detection rates in combating bribery. Our results indicate that corrupt officials are deterred more by the threat of high fines in an asymmetric punishment environment than in a symmetric punishment environment....
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The success of a country's anti-corruption policies can crucially depend on the citizens' beliefs about the existing legal environment. We test this key idea of Basu (2020) using a novel design which systematically manipulates beliefs of participants in an experiment. Our results suggest that...
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This paper uses variations in a popular parlor game to provide useful instructional benefits. The paper builds a classroom activity to nudge students towards thinking in a backward-inductive manner. The pedagogic innovation is in introducing the game repeatedly with progressively smaller action...
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Over the last decade, randomized evaluations have taken the field of development economics by storm. Despite the availability of strong review pieces in the topic, there is no pedagogical paper on randomized evaluation. This paper bridges the gap by introducing three interactive classroom games...
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