We provide an overview of experimental literature on contests and point out the two main
phenomena observed in most contest experiments:(i) overbidding relative to the standard …

Cooperation among strangers has been hypothesized to have declined in the United States
over the past several decades, an alarming trend that has potential far-reaching societal …

One lingering puzzle is why voluntary contributions to public goods decline over time in
experimental and real-world settings. We show that the decline of cooperation is driven by …

We review the experimental evidence on risk aversion in controlled laboratory settings. We
review the strengths and weaknesses of alternative elicitation procedures, the strengths and …

A number of experimental studies have shown that the opportunity to punish anti-social
behavior increases cooperation levels when agents face a social dilemma. Using a public …

The conditional logit model based on random utility maximization has provided an adequate
framework to model firm location decisions. However, in practice, the implementation of this …

Impersonal cooperation among strangers enables societies to create valuable public goods,
such as infrastructure, public services, and democracy. Several factors have been proposed …

How people cooperate to provide public goods is an important scientific question and
relates to many societal problems. Previous research studied how people cooperate in …

We reconsider evidence from experiments that claim to show that using “house money” in
standard public goods experiments has no effect on behavior. We show that it does have an …

Despite a large theoretical and empirical literature on public goods and common-pool
resources, a systematic comparison of these two types of social dilemmas is lacking. In fact …