assumptions which are consistent with economic theory, e.g. log-normally distributed consumption preferences, the Bayesian method …

period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …

-run persistence of observed discrimination against certain minorities in the labor market. The experiment provides some evidence … experiment, failing to generate a Self-Confirming Equilibrium driven by wrong beliefs. The strategy method provides additional …

experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …

-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …

interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …

reasonably approximate real-life decision makers? behavior. Testing this theory with field data is difficult since typically …