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oTree is an open-source and online software for implementing interactive experiments in the laboratory, online, the field or combinations thereof. oTree does not require installation of software on subjects’ devices; it can run on any device that has a web browser, be that a desktop computer,...
Persistent link: https://www.econbiz.de/10011196422
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability … the end of the experiment) the subjects start refining them to include a larger subset of the information, this causes …
Persistent link: https://www.econbiz.de/10014223185
of the change in identity and what causes this change. In our experiment, the subjects play one of two versions of the …
Persistent link: https://www.econbiz.de/10005835981
subject’s own behavior in the other role. The results of the experiment indicate that, when acting as senders, the majority of …
Persistent link: https://www.econbiz.de/10011259082
We compare the strategy and direct-response methods in a one-shot trust game with hidden action. In our experiment, the …
Persistent link: https://www.econbiz.de/10011111924
Tax authorities utilize the audit process, imposing penalties on tax evaders, as their primary means of enforcement. In recent years, a “service” paradigm, whereby tax authorities provide information about correct tax reporting to taxpayers, has shown the potential to further “encourage”...
Persistent link: https://www.econbiz.de/10011258828
Substantial evidence has been accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium...
Persistent link: https://www.econbiz.de/10005621869
The public finance literature demonstrates the equivalence between consumption and labor income (wage) taxes. We construct an environment in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this experimental framework to test whether a labor...
Persistent link: https://www.econbiz.de/10005836471
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behavior in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10008623460
For many decades over the 20th Century, the mainstream of economics adopted a normative and axiomatic theory of individual behavior in which maximizing procedures were carried out by rationally unbounded agents. This status has been challenged on many grounds and alternative views from fields...
Persistent link: https://www.econbiz.de/10008684882