In a cascade experiment subjects are confronted with artificial predecessors prdecting in line with the BHW model …

We examine the explanatory power of cascade models by implementing the BDM-mechanism in a simple cascade experiment in …

expectations in an experiment. In eachperiod of their life both partners propose a consumption level one of which isthen randomly …

In this classroom experiment, students develop a price index based on candy-purchasing decisions made by members of … the consumer price index (CPI). Instructors can use the experiment as an introduction to the topic of inflation and how it … measures the Bureau of Labor Statistics has taken to reduce bias. The experiment, including follow-up discussion, fits into a …