Economic interactions often take place in open communities, in which agents are free to leave a community to join a more preferred one. Tiebout (1956) conjectured that “voting with feet” might generate considerable efficiency gains since individuals with different preferences sort themselves...

Most organizational theories argue that formal organizational tructures determine or at least influence individual behavior and herewith are crucial for the performance and survival capability of the organization. This thesis contributes to the research on cooperation in organizations by...

Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such...