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exploration and lower individual and group payoffs. We test our predictions in an online lab experiment and show that the …
Persistent link: https://www.econbiz.de/10014544680
can choose to abstain. The first experiment follows a tightly controlled design planned for the lab; the second is a …
Persistent link: https://www.econbiz.de/10013477287
environment. We apply our model to the coordination game in the experiment of Frydman and Nunnari (2023), and show that it offers …
Persistent link: https://www.econbiz.de/10014486205
We investigate the potential for Large Language Models (LLMs) to enhance scientific practice within experimentation by identifying key areas, directions, and implications. First, we discuss how these models can improve experimental design, including improving the elicitation wording, coding...
Persistent link: https://www.econbiz.de/10014372436
We study the effects of an unconditional cash transfer program on social preferences of children. The program allocated $1,076 to randomly selected households in rural Kenya. We measure the social preferences of 4,022 children from 1,687 households with survey questions and incentivized...
Persistent link: https://www.econbiz.de/10014372476
The experimental literature on repeated games has largely focused on settings where players discount the future identically. In applications, however, interactions often occur between players whose time preferences differ. We study experimentally the effects of discounting differentials in...
Persistent link: https://www.econbiz.de/10014287389
remains unachieved because of persistently low demand for high-quality products. In a randomized field experiment in Senegal …
Persistent link: https://www.econbiz.de/10014544676
We study how investors respond to inflation combining a customized survey experiment with trading data at a time of …
Persistent link: https://www.econbiz.de/10014544748
We study a sequential experimentation model with endogenous feedback. Agents choose between a safe and risky action, the latter generating stochastic rewards. When making this choice, each agent is selfishly motivated (myopic). However, agents can disclose their experiences to a public record,...
Persistent link: https://www.econbiz.de/10014544761
that matters? Using a large-scale experiment we decompose the relative importance of partisan messages vs leader sources …
Persistent link: https://www.econbiz.de/10014322773