projects

working papers

Loss aversion and cooperation in the infinitely repeated prisoner's dilemma

I presented an early version of this project at LUISS, Italy, CARBS, Cardiff University, Wales, Swansea University, Wales and London Business School, England.

Drouvelis, M., & Pearce, G.

We examine how loss aversion, a cognitive bias where a loss is felt more intensely than an equally sized gain, can sustain cooperation in indefinitely repeated games.

The demand for commercial sex in the UK: Evidence from a nationwide audit study

I presented a very preliminary version of this work at ISEG in Lisbon, Portugal.

Drouvelis, M., & Pearce, G.

We examine the demand for commercial sex in the United Kingdom using a nationwide audit study. This is done by posting multiple advertisements for sex workers in cities around the UK and randomizing the advertised price for sexual services.

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