Showing 1 - 10 of 119
Experimental economics and neuroeconomics are likely to provide new insights on the individual and sub-individual (neurobiological processes) anchoring of money illusion. In particular, some recent brain studies show that we appear more "motivated" and "rewarded" by nominal rather than real...
Persistent link: https://www.econbiz.de/10010820493
tax compliance decisions, we have conducted a laboratory experiment in which we introduced two types of inequities. The …
Persistent link: https://www.econbiz.de/10010820812
This paper reports the results from a real-effort team production experiment, where best performers can impose either …
Persistent link: https://www.econbiz.de/10010820828
This paper proposes an experiment about the attitude toward probabilities on a population of portfolio managers. Its …
Persistent link: https://www.econbiz.de/10010738619
laboratory experiment at two distinct times. Our results indicate remarkable temporal stability of risk measures at the …
Persistent link: https://www.econbiz.de/10010899329
information is fully released) is also available. Our experiment is based on subsequent framework of Morris and Shin (2002 … in this paper. Our experiment indicates that -when fully disclosed- players overreact to public information and this … that the destabilizing effect of public information is less pronounced experimentally than when it does in theory. This is …
Persistent link: https://www.econbiz.de/10010899530
success of a risky project depends on the participation of a minimum number of investors. The experiment is set up as a …
Persistent link: https://www.econbiz.de/10010930171
This paper assesses the contribution of laboratory experiments to the economics of design applied to the electricity industry. The analysis is dedicated to wholesale markets, and reviews the results accumulated to date concerning both the general architecture of power markets and the very...
Persistent link: https://www.econbiz.de/10011025533
Competition among producers within an integrated electricity system is impeded by any limited transmission capacity there may be at its borders. Two alternative market mechanisms have recently been designed to organize the allocation of scarce transmission capacity at cross-border level: (i) the...
Persistent link: https://www.econbiz.de/10011025690
. This paper reports an experiment testing the efficiency of two costly communication devices introduced by Hermalin (1998 …
Persistent link: https://www.econbiz.de/10010750437