We report results from a laboratory experiment exploring the extent to which individuals can solve a deterministic, intertemporal lifecycle consumption optimization problem and the effect of revealing social information on past average consumption amounts; as all individuals have identical...

Charities often devise fund-raising strategies that exploit natural human competitiveness in combination with the desire for public recognition. We explore whether institutions promoting competition can affect altruistic giving - even when possibilities for public acclaim are minimal. In a...

We develop a model of internet auctions with the aim of understanding how rules for ending such auctions (a "hard"- or "soft"-close) affect bidding behavior. We model bidding strategies using finite automata and report results from simulations involving populations of artificial bidders who...