-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative …

negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …

We employ a life-cycle model with income risk to analyze how tax-deferred individual accounts affect households …

The impact of uncertainty on firms' investment outlays is subject to an ongoing debate. Theory identifies several … channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … investment likely. On the other hand, the ability of firms to adapt after uncertainty is resolved can make a risky strategy more …

In this paper, we design an investment game which allows us to study the influence of selection when learning from … others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of … selection neglect in this investment context, and (ii) some comparative static predictions of the model. We find strong evidence …

) multiple price list. Parametric and non-parametric measures of risk preferences are found to shift towards risk neutrality for …

depletion should increase framing effects. To test this we designed two experiments in which we depleted participants' willpower …

reduce free riding. In this paper we report an attempt to reproduce the findings of Mas and Moretti in a lab experiment. Lab … productivity of colleagues whom they observe. Although the subjects in our experiment are aware of the productivity of others and …

gap. We test this prediction using a laboratory experiment that varies whether the decision to compete, and its outcome …