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At the current moment there are lots of examples within the literature of cross-sectional estimates of gender wage differentials and discriminiation, however attempts to explain the dynamic processes which lead to the wage differences are rare. Furthermore studies which seek to analyse these...
Persistent link: https://www.econbiz.de/10005627146
We examine the strategies interwar working-class British households used to “smooth” consumption over time and guard against negative contingencies such as illness, unemployment, and death. Newly discovered returns from the U.K. Ministry of Labour's 1937/38 Household Expenditure Survey are...
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Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctioning. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show...
Persistent link: https://www.econbiz.de/10011241971
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under riskneutrality. The...
Persistent link: https://www.econbiz.de/10010817382
Many resource allocation contests have the property that individuals undertake costly actions to appropriate a potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation contests which are isomorphic under risk-neutrality. The...
Persistent link: https://www.econbiz.de/10010730010
A growing body of field and experimental literature provides considerable evidence that individuals may adopt self-governing institutions that enable conflict resolution. This paper examines this issue by exploring the role of heterogeneity in individuals' production capabilities and past...
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