Recent theoretical advances and quasi-experimental evidence from modern conflict areas suggest that intergroup conflict and ostracism play a pivotal role in the evolution of cooperation. However, relatively little is known about the role of intergroup conflict and ostracism on group formation...

In this study, we investigate behavioral constraints on pricing by using a novel laboratory experiment in which actual consumption goods are traded. We test different models and provide several insights into pricing and reactions to price discrimination. First, we identify the extent to which...

We use a laboratory experiment to investigate the extent to which leaders---faced with opportunistic incentives---employ monitoring to improve team production. Participants are assigned to teams, with one person appointed as the leader. The leader has the power to commit to a monitoring option,...