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We challenge the recent claim that mispricing in the experimental asset markets introduced by Smith, Suchanek, and Williams (1988) is merely an artefact of confusion over declining fundamental value, and can be eliminated through appropriate training. We instead propose that when training is...
Persistent link: https://www.econbiz.de/10013099096
one mechanism yielding these dual patterns: false consensus. In the context of a trust game experiment, we show that … the values parents transmit to their children during their upbringing. In a second closely-related experiment, we show the …
Persistent link: https://www.econbiz.de/10013099101
laboratory experiment in which all participants undertake a real-effort task over several rounds. Subjects face a tax rate, which …
Persistent link: https://www.econbiz.de/10013099103
We provide an analysis of the effect of physician payment methods on their hospital patients' length of stay and risk of readmission. To do so, we exploit a major reform implemented in Quebec (Canada) in 1999. The Quebec Government introduced an optional mixed compensation (MC) scheme for...
Persistent link: https://www.econbiz.de/10013061602
Changes in transport costs can affect mobility in ways that differ across the population, affecting the impacts of transport policies. We randomly assign large price reductions on Uber in Egypt over a 3-month period and collect comprehensive data on participant mobility using Google Timeline. A...
Persistent link: https://www.econbiz.de/10013240288