decide whether to search for a new wild organism with a certain quality or to produce the drug in question with an extant …

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …

risk attitudes weremeasured through a web-based questionnaire before the experiment and participants' preferencesfor … resolution timing, risk, and time were incentive compatibly measured during the experiment.Main findings are that delayed …

by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

See also the article <I>Search Costs, Demand-side Economies, and the Incentives to merge under Bertrand Competition … merge in a Bertrand competitionmodel where firms sell differentiated products and consumers search the marketfor … than the outsiders so consumers search forgood deals first at the non-merging stores and then, if they do not find …

I examine a search model a la' Burdett and Judd (1983). Consumers are embedded in a consumers network, they may costly … search for price quotations and the information gathered are non-excludable along direct links. This allows me to explore the … effect of endogenous consumers externalities on market functioning. I first show that when search costs are low consumers …