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...