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The intermingling between cognitive economics and experimental

Novarese, Marco; Rizzello, Salvatore - EconWPA - 2004

The paper discusses the relation between experimental economics and the cognitive approach, after having outlined the chief characteristics of the major lines of research in both areas, also with reference to the historical development and to methodological issues. Then the attention is focused...

Persistent link: https://www.econbiz.de/10005076658

Market Dynamics in Edgeworth Exchange

Gjerstad, Steven - EconWPA - 2004

experiment sessions fit the Geometric Mean model better than the Hahn process, and in addition, the Geometric Mean model provides …

Persistent link: https://www.econbiz.de/10005077054

BIDDING STRATEGIES OF SEQUENTIAL FIRST PRICE AUCTIONS PROGRAMMED BY EXPERIENCED BIDDERS

Neugebauer, Tibor - EconWPA - 2005

experiments. These automata play against each other in computer tournaments. The risk neutral subgame perfect Nash equilibrium …

Persistent link: https://www.econbiz.de/10005124959

What Citizens Know Depends on How You Ask Them: Experiments on Time, Money and Political Knowledge

Prior, Markus; Lupia, Arthur - EconWPA - 2005

measures? An experiment on a nationally representative sample of over 1200 Americans provides an answer. Respondents are …

Persistent link: https://www.econbiz.de/10005125560

Perfect versus imperfect observability---An experimental test of Bagwell's result

Huck, Steffen; Mueller, Wieland - EconWPA - 1998

In a seminal paper Bagwell (1995) claims that the first mover advantage, i.e. the strategic benefit of committing oneself to an action before others can do, vanishes completely if this action is only imperfectly observed by second movers. In our paper we report on an experimental test of this...

Persistent link: https://www.econbiz.de/10005125567

Individual learning and team functioning

Novarese, Marco - EconWPA - 2004

of the same choices (participants to this experiment proved, for example, in fact, to be able to imitate and replicate …

Persistent link: https://www.econbiz.de/10005125572

Toward a Cognitive Experimental Economics

Novarese, Marco - EconWPA - 2002

This paper aims to analyze and exemplify some methodological implications on the way to conduct experiments related to the adoption of a cognitive approach in Economics. Many differences arise in relation to a more traditional way. In fact cognitive economics has strong descriptive attention and...

Persistent link: https://www.econbiz.de/10005125579

The Effect of an Additional Alternative on Measured Risk Preferences in a Field Experiment

Engle-Warnick, Jim; Escobal, Javier; Laszlo, Sonia - EconWPA - 2005

Peru. In our experiment, subjects revealed their risk preferences with a series of choices between two gambles. We added a …We experimentally test for the effect of an additional alternative on the measured risk preferences of farmers in rural … one quarter of the time, in some cases causing them to appear more risk loving. We conclude that the number of available …

Persistent link: https://www.econbiz.de/10005125586

The Weakest Link - A Field Experiment in Rational Decision Making

Haan, Marco; Los, Bart; Riyanto, Yohanes; Geest, Martin van - EconWPA - 2002

the banking decision, where a contestant chooses to secure an amount of money for the eventual winner, or to risk it on a …

Persistent link: https://www.econbiz.de/10005125587

Extracting Valuable Data from Classroom Trading Pits

Bergstrom, Ted - EconWPA - 2004

's experiment to increase the amount of price information available to traders and in classroom experiments with this design found … John Miller. The procedure in this experiment is intermediate between that of Chamberlin and that of Smith. We have …

Persistent link: https://www.econbiz.de/10005125588

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