We evaluate the impact of technology adoption subsidies on in- vestment behavior in an individual choice experiment. In a laboratory setting professional managers are confronted with an intertemporal decision problem in which they have to decide whether or not to search for, and possibly adopt,...

We use experiments to compare two institutions for allocating the proceeds of team production. Under revenue-sharing, each team member receives an equal share of team output; under leader-determined shares, a team leader has the power to implement her own allocation. Both arrangements are...

Collective-choice rules aggregate individual choices into a collective decision. This study provides experimental evidence on how collective-choice rules affect institutional design and cooperation behavior in a social dilemma situation. In our setting, groups decide repeatedly on whether to...