employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

to pay far more to enter the ascending auction than is explainable by their risk attitudes when accounting for their …

the two mechanisms for the symmetric case. We show that subjects in a computerized experiment prefer the two-bid auction …

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

bidders. In our experiment participants face four auction types (first versus second price - auction versus fair division game …

analytical model based on maximizing expected utility, and derive an optimal time allocation strategy for decreasing, constant … experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or … Allocation Strategy ; Entrepreneurship ; Questionnaire Experiment …

We review an asymmetric auction experiment. Based on Plum (1992) private valuations of the two bidders are …

In this paper we investigate four hypotheses which are inconsistent with expected utility theory, but may well be …