We investigated the effect of large changes in financial incentives on the process of decision-making by measuring autonomic arousal and visual attention during an incentivized lottery-choice task. High real stakes were accompanied by increased risk aversion and physiological arousal, and by...

Laboratory experiments on the provision of public goods follow subjects over time as they interact in a small group. In every period subjects allocate a fixed endowment between a private good and a group good that yields a return to all group members. These experiments produce data sets that are...

We combine societal-level institutional measures from 51 countries between 1996 and 2017 with individual decision-making outcome data from 1,126 laboratory experiments in six meta-analyses to evaluate the effects of within-country institutional change on pro-social and Nash behavior. We find...