literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …

and use. We use a nonparametric estimation procedure to estimate hedonic price functions for fixed and variable costs. We … same (positive) sign and that both contribute substantially to the marginal willingness to pay. Estimation results suggest …

agency theory. …

Lying to participants offers an experimenter the enticing prospect ofmaking "others' behaviour" a controlled variable … uninformed about others'behaviour as they are if reacting to high contributions. No deceptionis used and the data cohere well … ofoverconfidence, egoism and (biased) reciprocity in behaviour, whichmay explain decay in contributions in repeatedplay designs. The …