Pruckner, Gerald J.; Sausgruber, Rupert - Institut für Finanzwissenschaft, Fakultät für … - 2008
A publisher uses an honor system for selling a newspaper in the street. The customers are supposed to pay, but they can also pay less than the price or not pay at all. We conduct an experiment to study honesty in this market. The results show that appealing to honesty increases payments, whereas...
