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We conducted a multi-country experiment on whether a reminder of the Islamic prohibition on interest induces lenders to choose Profit-Loss Sharing arrangements (PLS) as an alternative. We find that 1) Muslims are more likely to choose PLS than non-Muslims; 2) they do so when interest rates are...
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Temptation and self-control in intertemporal choice environments are receiving increasing attention in the theoretical economics literature. Nevertheless, there remains a scarcity of empirical evidence from controlled environments informing behavior under repeated temptations. This is...
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This article examines gender differences in pro-sociality using theories from evolutionary psychology and empirical evidence from experimental economics. Although there has been extensive prior research in both fields, there remains a large disconnect between the source of gender differences in...
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