The Democracy Effect: a Weights-Based Identification Strategy
---- Acknowledgments ----
We thank Alessandra Casella, Ray Duch, Adam McCloskey, Debraj Ray and seminar participants at Bocconi, Columbia, LSE and Zurich for useful comments. We thank Catalina Ravizza for excellent research assistance and Sven Fischer for his help in z-Tree programming. We thank John Hey for his hospitality when the authors conducted experiments at the University of York. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.