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This paper examines how a firm can strategically choose its capacity to manipulate consumer beliefs about aggregate demand. It looks at a market with social effects where consumers want to do what is popular, to buy what they believe others want to buy. By imposing a capacity constraint and...
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experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
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majority teachers grade minority and majority students differently for the same work. Using an experiment, I rule out the … existence of such a direct grading bias. I do find indirect evidence for alternative explanations: teachers report lower …
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by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
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organize data well in previous experiments meant to test other concepts. This experiment provides the first systematic test of …
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-group bias is either high or low. At the individual level, we find that both altruistic subjects and group identifiers …
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