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This paper aims to study, by means of a laboratory experiment and a simulation model, some of the mechanisms which …
Persistent link: https://www.econbiz.de/10005125585
We study search behavior in a generalized "secretary problem" environment in which consumers search sequentially for the best alternative from a known and finite set of multi-attribute alternatives. In contrast to most previous studies, we make no distributional assumptions about the quality of...
Persistent link: https://www.econbiz.de/10005408222
This paper reports an experimental test of individual preferences for giving. We use graphical representations of modified Dictator Games that vary the price of giving. This generates a very rich data set well- suited to studying behavior at the level of the individual subject. We test the data...
Persistent link: https://www.econbiz.de/10005118605