Showing 1 - 10 of 306
-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative …
Persistent link: https://www.econbiz.de/10010397879
negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …
Persistent link: https://www.econbiz.de/10012141849
Prior laboratory experiments have studied general equilibrium economies constructed from "induced preferences" for artificial goods. We introduce new methods that allow us to study economies constructed instead from subjects' actual, "homegrown" preferences. Our subjects reveal their preferences...
Persistent link: https://www.econbiz.de/10011763083
In this paper, we design an investment game which allows us to study the influence of selection when learning from … others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of … selection neglect in this investment context, and (ii) some comparative static predictions of the model. We find strong evidence …
Persistent link: https://www.econbiz.de/10011984926
This paper considers the so-called fallow-cultivation problem in traditional agriculture. The paper specifies the problem and determines the optimal length of the fallow-cultivation cycle. We also show the impact of rising output prices on this cycle. This has been widely discussed in the...
Persistent link: https://www.econbiz.de/10010284348
We provide experimental evidence of self-serving fairness ideals in a dictator game design that includes treatments where funds can be transferred in two ways to the one player and in one way to the other. Two methods for transferring funds to the recipient produce the same results as the...
Persistent link: https://www.econbiz.de/10010285576
) multiple price list. Parametric and non-parametric measures of risk preferences are found to shift towards risk neutrality for …
Persistent link: https://www.econbiz.de/10011390744
depletion should increase framing effects. To test this we designed two experiments in which we depleted participants' willpower …
Persistent link: https://www.econbiz.de/10010321489
reduce free riding. In this paper we report an attempt to reproduce the findings of Mas and Moretti in a lab experiment. Lab … productivity of colleagues whom they observe. Although the subjects in our experiment are aware of the productivity of others and …
Persistent link: https://www.econbiz.de/10010352470
gap. We test this prediction using a laboratory experiment that varies whether the decision to compete, and its outcome …
Persistent link: https://www.econbiz.de/10011672157