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

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 …

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

sequencing structure of game types, game rules do matter, and directional learning theory offers a partial explanation for bid …

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

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 … explained by prospect theory. It deals with framing, the non-linearity of subjective probabilities, the disposition effect, and …) found little correspondence between different experimental risk elicitation methods. -- Prospect Theory ; Framing …