This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the …

with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending …. As a result, intra-group communication decreases while inter-group communication increases payoffs. Our experiment thus …

first stage but not in the second stage. Our experiment provides evidence that winning is a component in a subject’s utility …

potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation …

of member change on performance? To answer these questions we conduct an experiment in which we investigate the effect of … first part of the experiment, and then two members of the group are replaced with new participants, and the newly formed … group plays the game for the second part of the experiment. Our results show that the arrival of newcomers decreases trust …

five “rational” markets and most overconfident subjects formed five “overconfident” markets. The asset market experiment …

We test whether induced mood states have an effect on elicited risk and time preferences in a conventional laboratory … experiment. We jointly estimate risk and time preferences and use a mixture specification that allows choices to be consistent …

We test whether induced mood states have an effect on elicited risk and time preferences. Risk preferences between …

resulting restrictions in using private information. We report results from a laboratory experiment in which teams were given a …