Showing 1 - 10 of 349
This is a very draft version of the report "The random-lottery incentive system. Can p~1 experiments deductions be … "certain-uncertain" inconsistency, the deductions from the random-lottery incentive experiments, those include the certain …
Persistent link: https://www.econbiz.de/10011112592
This paper deals with estimating data from experiments determining lottery certainty equivalents. The paper presents … conclusion is a significant departure from one of the fundamental results concerning lottery experiments presented so far. …
Persistent link: https://www.econbiz.de/10008541487
This paper presents a nonparametric approach to classification of data from lottery experiments. Using very basic …
Persistent link: https://www.econbiz.de/10008526982
methodology, when applied to lottery experiments, makes it possible to confirm and to extend the previously presented conclusion … data inhomogeneity and not just lottery experiments. …
Persistent link: https://www.econbiz.de/10008622247
This paper introduces a new method of estimating indifference curves in the Marschak-Machina triangle. The method involves posing questions about indifference. Contrary to previous attempts, where subjects were required to identify those lotteries to which they were indifferent vis-à-vis a...
Persistent link: https://www.econbiz.de/10011268350
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the context (i.e. one of thirty-two sequences of three...
Persistent link: https://www.econbiz.de/10005790147
We explore the effects of listening to the music of AC/DC in a simple bargaining environment.
Persistent link: https://www.econbiz.de/10005836384
In this paper we focus on the interaction between exogenous network structure and bargaining behavior in a laboratory experiment. Our main question is how competition and cooperation interact in bargaining environments based on networked versions of the investment game. We focus on 3-node...
Persistent link: https://www.econbiz.de/10005836924
This manuscript develops a classroom experiment on international trade that is suitable for undergraduate intermediate macroeconomics, international trade, and international finance courses. Students representing buyers, in a small home country and foreign country, and sellers, both home and...
Persistent link: https://www.econbiz.de/10008695066
This article experimentally explores the way in which human agents learn how to process and manage new information. In an abstract setting, players should perform an everyday task: selecting information, making generalizations, distinguishing contexts. The tendency to generalize is common to all...
Persistent link: https://www.econbiz.de/10008788790