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For companies, it is essential to obtain information about customers' preferences to successfully market their products and services. Experimental auctions are a promising method for acquiring such information considering that they are incentive compatible and non-hypothetical. Their...
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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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works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
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agents can learn the Nash equilibrium in the repeated game and compare the results to an experiment. We find subjects …
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participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of … illustrated using data from an experiment investigating the value of time and the value of statistical life. We discuss the …
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collected during large-scale peak avoidance experiment conducted in the Netherlands, in which participants could earn monetary … rewards for traveling outside peak hours. The experiment included ca. 1000 participants and lasted for about 6 months. Holders … of an annual train pass were invited to join the experiment, and a customized smartphone app was used to measure the …
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