of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …

of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …

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 …

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … offers an unprecedented experiment for this exercise: since 1999, no national monetary policies have been implemented that … theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …

-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 …