We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In the cooperation condition, player A sends x ? {0, X} to player B. The amount x is multiplied by c = 3, and B can return y ? {0,3x}. In the ability condition, c depends on B’s...

We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically affects...

We examine the influence of team size on decision making in a beauty-contest experiment. Teams with four members outperform teams with two members and single persons significantly, whereas the latter two types of decision makers do not differ.

Even though decision-making in small teams is pervasive in business and in private life, little is known about subjects' preferences with respect to individual and team decision-making and about the consequences of respecting these preferences. We report the results from an experimental...

We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses’ individual risk preferences are more similar the richer the household and...

Given the steady increase in co-authored papers in economics journals, this paper reports a study of the patterns of co-authorship between US universities and colleges. A majority of institutions produce more co-authored than single-authored papers. Contacts with researchers from the same...

This paper studies the implications of flexible integration in the European Union. It analyses the voting power of member states in the Council of Ministers when differently sized subgroups of the EU are set up. European Monetary Union is referred to as the most important example of flexible...

We examine the publications of authors affiliated with an economics research institution in Canada in (i) the Top-10 journals in economics according to journals' impact factors, and (ii) the Canadian Journal of Economics. We consider all publications in the even years from 1980 to 2000. Canadian...

Experimental studies on bidding in auctions have so far relied on individual bidders, even though teams are often involved in real auctions. We examine the bidding behaviour of individuals and teams. Our experimental results show that teams stay longer in an (ascending sealed-bid English)...