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-order’ monitoring can actually facilitate the deception of fully rational consumers, to deter them from otherwise optimal search …
Persistent link: https://www.econbiz.de/10005412887
In experimental studies pairs that repeatedly play the simple coordination game mutual fate control may regularly fail to coordinate when they are given little in-formation, i.e. when subjects are uninformed about the payoff matrix and feed-back is limited to their own payoff. Our experimental...
Persistent link: https://www.econbiz.de/10005550889
We describe a multiproduct barter trading experiment in which students exchange real goods in an open market based on … their own personal preference. The experiment is designed for simulating a pure exchange market in order to demonstrate the …
Persistent link: https://www.econbiz.de/10005125577
survives in the environment in which lying succeeds. …
Persistent link: https://www.econbiz.de/10005556670
This note describes an experiment, which is an extension of the experiment proposed by Levy and Bergen (1993). The … experiment is designed to simulate an environment where something that is very similar to fiat money (i.e., is homogenous …
Persistent link: https://www.econbiz.de/10005119382
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
rates of lying overall, but with increased rates of lying conditional on not voting. This paper proposes a model of voter … turnout in which people who claim to vote get praise from other citizens. Those who lie must bear a cost of lying. The model … has a stable equilibrium with positive rates of voting, honest non-voting, and lying. Reasonable parameter changes produce …
Persistent link: https://www.econbiz.de/10005412467
L’objet de ce travail est de souligner les divergences qui ont amené les expérimentateurs en économie à se démarquer de la méthodologie expérimentale introduite par les psychologues. Après avoir rappelé en quoi consiste une expérience de laboratoire et quels sont les principes de...
Persistent link: https://www.econbiz.de/10005126094
experiment does not lead to a significant loss of experimental control. Based on this assessment, experimental economists were … counseled to lift their de facto prohibition against deception to capture its potential benefits. To the extent that this … discussion of the methodological costs and benefits of deception, we conclude that experimental economists' prohibition of …
Persistent link: https://www.econbiz.de/10005407572
We examine experimentally how Chief Executive Officers (CEOs) respond to incentives and how they provide incentives in situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We find that CEOs are considerably more trusting and...
Persistent link: https://www.econbiz.de/10005076520