In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last … three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This … outcomes. This paper contributes to solving this puzzle by means of a controlled laboratory experiment. We study the causal …

We model corruption in a society as a result of bargaining for bribes between private citizens and public officials. We … investigate the role that incomplete information with respect to the intrinsic moral cost of one's potential corruption partner … plays out in his or her propensity to engage in bribery, and, consequently, the equilibrium level of corruption in the …