Showing 1 - 10 of 58
Location of product origin is an often-used marketing device by retailers. This approach is based on the assumption that location of origin signals something to consumers about the underlying quality (or other attributes) of the product. This can be an effective strategy if the signal matches...
Persistent link: https://www.econbiz.de/10005062720
We report experimental results on one-shot two person 3x3 constant sum games played by non-economists without previous experience in the laboratory. Although strategically our games are very similar to previous experiments in which game theory predictions fail dramatically, 80% of actions taken...
Persistent link: https://www.econbiz.de/10005124957
This paper proposes a synoptic methodology to evaluate the determinants of audit fees by utilising Neural Networks. First, a brief discussion is presented to highlight the significant application of Neural Network in the areas of financial management; second the framework of proposed methodology...
Persistent link: https://www.econbiz.de/10005125559
Surveys provide widely cited measures of political knowledge. Do unusual aspects of survey interviews affect these measures? An experiment on a nationally representative sample of over 1200 Americans provides an answer. Respondents are randomly assigned to one of four groups. A control group...
Persistent link: https://www.econbiz.de/10005125560
We design a novel sequential public goods experiment to study reciprocity, or conditional cooperation. In contrast to the standard simultaneous contribution game, our sequential design provides direct evidence on how subjects condition their own contributions on the contributions of other...
Persistent link: https://www.econbiz.de/10005125562
Persistent link: https://www.econbiz.de/10005125564
Evolutionary theory reveals that punishment is effective in promoting cooperation and maintaining social norms. Although it is accepted that emotions are connected to punishment decisions, there remains substantial debate over why humans use costly punishment. Here we show experimentally that...
Persistent link: https://www.econbiz.de/10005125565
This work illustrates an approach to the study of labeling, aka 'object classification'. This kind of parallel computing problem well suites to AI applications (pattern recognition, edge detection, etc.) Our target consists in simplifying an overly computationally costly algorithm proposed by...
Persistent link: https://www.econbiz.de/10005125566
In a seminal paper Bagwell (1995) claims that the first mover advantage, i.e. the strategic benefit of committing oneself to an action before others can do, vanishes completely if this action is only imperfectly observed by second movers. In our paper we report on an experimental test of this...
Persistent link: https://www.econbiz.de/10005125567
Allocation of course seats to students is a challenging task for registrars' offices in universities. Since demand exceeds supply for many courses, course allocation needs to be done equitably and efficiently. Many schools use bidding systems where student bids are used both to infer preferences...
Persistent link: https://www.econbiz.de/10005125568