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We investigate experimentally whether individuals or groups are more lied to, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual's misreport of a privately observed number can monetarily benefit her while...
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This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
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second half of the paper tests the theoretical predictions in an experiment. In contrast to previous literature, the …
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-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …
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experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
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