The fact that criminal behavior typically has negative consequences for others provides a compelling reason to think that criminals lack prosocial motivation. This paper reports the results from two dictator game experiments ...

We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels. One third of the clauses relate to raising profits; the others deal with instability through incentive compatibility, ...

Maritime activity in the Antarctic region goes back to the 18th Century. It evolved from exploration and discoveries to commercial activities, especially sealing and whaling. Antarctic tourism is a more recent phenomenon, ...

This study reconsiders the empirical question of whether men’s earnings increase because of children. Large Norwegian register data are used for brother and twin pairs who are followed over their life cycle from their ...

This thesis explores whether there is a difference in the rationality of the decisions at high- and low-stake levels. The rationality of the decisions are measured in two dimensions, the quality of individual decisions, ...

The purpose of this paper is to investigate the hypothesis that the supercycle in the drybulk freight market between 2003 and 2005 caused asset values in the second -hand market to deviate from underlying fundamentals. ...

In this paper I test whether asymmetric information is present in the home insurance market. To detect the existence of asymmetric information I apply the so-called positive correlation test to a dataset containing ...

The paper reviews the theory of environmental taxation under first best and second best conditions. It argues that negative environmental externalities lead to reductions of the provision of public goods, while investment ...

Using survey data and the instrument developed by Barsky et al. (1997), we estimate the distribution of attitudes towards income risk in a country where many employment and health-related risks are generously covered by a ...