This paper concentrates on the primary theme of AN EXPERIMENT IS CONDUCTED IN THREE DIFFERENT COUNTRIES. PARTICIPANTS ARE TOLD THEIR INCOME… in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
An experiment is conducted in three different countries. Participants are told their income levels (in units of the local currency), the tax rate, the probability of detection, and the fine structure. These parameters are the same for all participants. It is found that the amount of income not declared is, on average, different among the countries. Discuss possible explanations for this finding.