In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary …

design an experiment to study whether such commodity transfers can be viewed as investments based on trust and reciprocity …, or whether they rather resemble presents with distributional intentions. Our experiment essentially modifies Berg et al ….’s investment game by introducing an upper bound to what a contributor can be repaid afterwards. By varying this upper bound …

know the distribution. We first derive the market results when sellers are risk averse, similarly to Ponssard (1979) who … assumed risk neutrality throughout. With the help of these results evolutionary processes are formulated according to which …

This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment …, the authors discuss both traditional investment models with uncertainty and the more modern option based models. They … present an overview of empirical results of the modelling of investment under uncertainty. In these examples, the effects of …

1. Anchoring and yea-saying with private goods : an experiment / Ian Bateman ... [et al.] -- 2. Market price … outcomes / Glenn W. Harrison -- 4. The use of a real-money experiment in a stated-preference survey / John Horowitz -- 5 …