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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...
Persistent link: https://www.econbiz.de/10013191595
-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …
Persistent link: https://www.econbiz.de/10012500699
experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
Persistent link: https://www.econbiz.de/10012118611
them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
Persistent link: https://www.econbiz.de/10014476792
strong support for these solutions in a laboratory experiment, and show how they can be simply implemented for popular school …
Persistent link: https://www.econbiz.de/10014477372
Persistent link: https://www.econbiz.de/10000767259
matching method, some simple theoretical considerations, and evidence from a large-scale natural field experiment on charitable …
Persistent link: https://www.econbiz.de/10011280712
Persistent link: https://www.econbiz.de/10010529049
large-scale natural field experiment and a laboratory experiment. Similar to findings in the literature, conventional … matching for the same project results in partial crowding out in the field experiment and, as predicted, crowding out is … reduced under the novel matching scheme. The lab experiment provides more fine-tuned evidence for the change in crowding and …
Persistent link: https://www.econbiz.de/10011440422
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...
Persistent link: https://www.econbiz.de/10012587476