We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial …

In a punishment experiment, we separate the demand for punishment in general from the demand to conduct punishment …, afterwards, subjects take part in a second price auction for the right to (physically) carry out the act of payoff reduction …

auction' on the payment to the government, the incumbent is willing to bid higher than its expected profit from the facility … the facilities are strong complements or substitutes and always with 'common values'. The 'standard auction' leads to an … the outcome by endogenously regulating using a 'price auction' on the price to be asked to consumers. Now, it depends who …

use laboratory experiments to investigate how employers develop social structures for sharing information about the …

, pages 402-422.<P> A series of experiments in Albania and the Netherlands give us the opportunity to compare behavioral … they are audited, there is a fine for underreporting. This experiment was organized (separately) among high school pupils …

This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …

these predictions, private information appears to have no impact on the investment levels observed in the experiment. A …

conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …