The popular belief that rent–control leads to an increase in the amount of affordable housingis in contradiction with ample empirical evidence and congruent theoretical explanations.It can therefore be qualified as a misconception. We present the results of a preregisteredon–line experiment...

Democracies go to war with each other less frequently than dictatorships do with each other. This isan established empirical regularity. However, it is not clear whether there is a causal link betweendemocracy and peace. We use laboratory experiments to study whether there is a causal impact. We...

We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...

We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...

The highly popular belief that rent-control leads to an increase in the amount of affordable housing is in contradiction with ample empirical evidence and congruent theoretical explanations. It can therefore be qualified as a misconception. We present the results of a preregistered online...