This paper reports results of committee voting experiments in which a fixed agenda specifies a sequence of binary decisions. The outcome depends on whether voting is myopic or strategic. Subjects initially voted in accordance with myopic-voting rules; strategic-voting behavior was more prevalent...

Ideas of fairness influence economic transactions. Men and women may differ systematically in the nature and extent of this influence. We investigate gender differences in the impact of fairness on the outcome of economic transactions. In our “punishment game” subjects may choose to split a...

We conduct double-anonymous dictator experiments to explore the role of altruism in motivating subjects' behavior. We vary the extent to which an anonymous recipient is deserving of aid and investigate its effect on the allocation of a fixed pie by student subjects. This is accomplished by...

Although numerous studies have shown that information asymmetry is one of the essential reasons hindering corporate merger and acquisition (M&A) activities, little attention is paid on the impact of broadband infrastructure on corporate M&A form from an information asymmetry perspective. Using...

Although both cognitive and motivational factors can influence the communication of uncertain information, most of the work investigating the communication of uncertainty has focused on cognitive factors. In this article, we demonstrate that motivational factors influence the communication of...

Recent auction theory and experimental results document strategic demand reduction by bidders in uniform-price auctions. The present article extends this area of research to consider the effects of varying the number of bidders. Our theoretical model predicts that demand reduction should...