Field and experimental research demonstrate the positive relationship between efficiency and both trust and trustworthiness. Berg, Dickhaut and McCabe (BDM), 1995, first showed the existence and strength of both trust and trustworthiness in a laboratory economic experiment. Building off BDM,...

Experimental evidence on gender differences demonstrates that women are generally less trusting and more reciprocating than men in Investment Games. However, existing studies typically use a narrow population consisting of college students. To test the robustness of these findings, we report on...

In an ultimatum game experiment, financial incentives were varied by a factor of twenty-five. Consistent with prior results, changes in stakes had only a small effect on play for inexperienced players. However, rejections were less frequent the higher the stakes and proposals in the high stakes...

We examine the gift exchange hypothesis on both the quantity and quality of output using a hybrid field-laboratory labor market experiment. We recruited participants to enter survey data for a well-known charitable organization. Workers were paid either a high or low wage. We find that although...

While peer effects have been shown to affect worker's productivity when workers are paid a fixed wage, there is little evidence on their influence on quitting decisions. This paper presents results from an experiment in which participants receive a piece-rate wage to perform a real-effort task....

Although discrimination remains prevalent, the reasons for its occurrence remain hotly debated. To disentangle vying explanations, researchers have begun using laboratory experiments. However, this research has not allowed, or studied, the effects of selection. In this paper, we examine...