experiment that regularly produces valuation bubble and crash events. Global sessions involved real time trades between subjects …

is as great as when training is absent. -- asset market experiment ; price bubbles ; common knowledge of rationality …

shocks depends on financial conditions. Our model allows us to change the response of the US financial markets to volatility …

intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …

The theory of compensating differentials has proven difficult to test with observational data: the consequences of …. Instead, we construct experimental, real-effort labor markets and offer an evaluation of the theory in a controlled setting … differentials are affected by worker mobility and therefore selection. Consistent with the theory, we find that riskier firms must …

experiment that reproduces the main features of a tennis match. We show that our importance criterion is able to predict the …