Public flood protection cannot eliminate totally the risk of flooding. Hence, private mitigation measures which proactively protect homes from being flooded or reduce flood damage are an essential part of modern…
This paper explores whether the usage of tax revenues affects tax compliance behavior. I design a laboratory compliance experiment in which subjects make tax reporting decisions and are randomly assigned to…
This paper examines whether investment in a risky asset depends on future circumstances. We conduct a laboratory experiment where subjects have the opportunity to invest earned income in a risky asset and,…
