Working memory capacity is a key component of executive functioning and is thought to play an important role for a wide range of cognitive and noncognitive skills such as fluid intelligence, math, reading, the inhibition of pre-potent impulses or more general self-regulation abilities. Because...

We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...

The empirical evidence on the existence of social preferences-or lack thereof-is predominantly based on student samples. Yet, knowledge about whether these findings can be extended to the general population is still scarce. In this paper, we compare the distribution of social preferences in a...

We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...

We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...

Recent contributions suggest that the empirical evidence for the common ratio effect could be explained as noise instead of underlying preferences under "common assumptions." We revisit this argument using a more general method which allows to unambiguously distinguish noise from preferences...

Agreements are rarely fully enforceable, exposing trading parties to some risk of exploitation. In such circumstances, trust-defined as the belief in the trustworthiness of others-seems important for realizing gains from trade. This paper explores an unstudied question: whether trust is a...

The assumption that payoff-relevant information is observable but not verifiable is important for many core results in contract, organizational and institutional economics. However, subgame-perfect implementation (SPI) mechanisms -- which are based on off-equilibrium arbitration clauses that...

Typically, laboratory experiments suffer from homogeneous subject pools and self-selectionbiases. The usefulness of survey data is limited by measurement error and by thequestionability of their behavioral relevance. Here we present a method integrating interactiveexperiments and representative...