The scientific highlights of the RPA-BE include:
- New behavioural insights on how competition can be encouraged in thin
uncompetitive markets (like premiums for highest losing bidders in auctions, and
like combining separate markets in Right-to-Choose auctions) and the study of
the possibility to use auctions for charity purposes;
- A central focus on the role of indirect reciprocity in the evolution of
human cooperation;
- New evidence on biological gender differences in competition;
- A new behavioural theory of heterogeneous expectations for macro and
financial markets has been developed and fitted to individual micro as well as
aggregate macro experimental data;
- Convincing natural-experimental evidence for social effects in consumption
between households that win a lottery prize and their non-winning neighbors;
- Empirical insights on the effects of extrinsic financial rewards on
intrinsic motivation using a randomised field experiment in which first-year
university students could earn rewards for passing all first-year requirements
within one year.