The paper studies the relative effectiveness of extrinsic monetary disincentives and intrinsic non-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low probability of detection with high penalty is a stronger...

We study the relative effectiveness of extrinsic monetary disincentives and intrinsic non-monetary disincentives to corruption, using a harassment bribery game. In doing so, we also test the Beckerian prediction that at the same level of expected payoff, a low probability of detection with high...

The paper studies the relative effectiveness of extrinsic monetary disincentives and intrinsic non-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low probability of detection with high penalty is a stronger...

When an individual believes that peers are predominantly untruthful in a given situation, is he/she more likely to be untruthful in that situation? We study this question in a deception experiment patterned after Gneezy (2005), finding evidence that dishonesty is indeed contagious. We argue that...

The static Nash equilibrium solution for a discretized Bertrand-duopoly market with asymmetric constant marginal costs recommends that the low-cost firm should charge a price equal to the high-cost firm’s marginal cost, and thus steal the entire market. This sharp prediction holds true for any...