Game theory, the formalized study of strategy, began in the 1940s by asking how
emotionless geniuses should play games, but ignored until recently how average people …

A common claim about law is that it influences behavior “expressively.” At the most general
level, the claim is that law's behavioral influence is not entirely limited to the effect of legal …

Since Schelling, it has often been assumed that players make use of salient decision labels
to achieve coordination. Consistent with previous work, we find that given equal payoffs …

The use of moral appeals to affect the behavior of others is pervasive (from the pulpit to
ethics classes) but little is known about the effects of moral suasion on behavior. In a series …

Economic theories of legal compliance emphasize legal sanctions, whereas psychological
and sociological theories stress the perceived legitimacy of law. Without disputing the …

Many economic situations with asymmetric information can be modeled as signaling games.
Even simple signaling games can have sequential equilibria that are considered" …

Recommended contributions are often observed in fundraising campaigns for charitable and
other public goods. We present an experiment investigating the impact of recommended …

Are humans fair by nature? Why do we often willingly trust strangers or cooperate with them
even if those actions leave us vulnerable to exploitation? Does this natural inclination …

We show that extrinsic or nonfundamental uncertainty influences markets in a controlled
environment. This work provides the first direct evidence of sunspot equilibria. These …

In situations where people have an incentive to coordinate their behavior, law can provide a
framework for understanding and predicting what others are likely to do. According to the …