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for instrumental purposes. We then present an experiment that tests these ideas in the laboratory and finds support for …
Persistent link: https://www.econbiz.de/10012481495
Coordination is central to social interactions. Theory and conventional lab experiments suggest that cheap talk … agricultural cooperatives seek to jointly sell their output. Combining artefactual/lab-in-the-field experiments (LFEs), natural … field experiments (RCTs), surveys, and cooperative records, we find that (1) revealing farmers' intended sales (i.e., cheap …
Persistent link: https://www.econbiz.de/10012479993
and experiments--participants frequently play seemingly dominated, significantly costly, strategies that avoid small … chances of good outcomes. We show theoretically why, with expectations-based loss aversion, this behavior may be partly … reference-dependent preferences, with a degree and distribution of loss aversion that explain common levels of risk aversion …
Persistent link: https://www.econbiz.de/10012480338
experiments provide general support for the strategic rationale behind the role of commitment and, more specifically, for the …
Persistent link: https://www.econbiz.de/10012480348
In SIR models, infection rates are typically exogenous, whereas individuals adjust their behavior in reality. City-level data across the globe suggest that mobility falls in response to fear, proxied by Google searches. Incorporating experimentally validated measures of social preferences at the...
Persistent link: https://www.econbiz.de/10012481717
-slum wards. Cross-cutting experiments suggest that the public nature of report cards, not access to information on public …
Persistent link: https://www.econbiz.de/10012481883
the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects …
Persistent link: https://www.econbiz.de/10012482356
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions …
Persistent link: https://www.econbiz.de/10012794585
We show that a measure of reciprocity derived from the Berg et al. (1995) trust game in a laboratory setting predicts the reciprocal behavior of the same subjects in a real-world situation. By using the Crowne and Marlowe (1960) social desirability scale, we do not find any evidence that a...
Persistent link: https://www.econbiz.de/10012462996
Although backward induction is a cornerstone of game theory, most laboratory experiments have found that agents are not …
Persistent link: https://www.econbiz.de/10012463039