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Single- and Double-Elimination All-Pay Tournaments

Deck, Cary; Kimbrough, Erik O. - Economic Science Institute (ESI), Argyros School of … - 2014

experiments have consistently found high levels of overbidding in contests, one might suspect that double-elimination tournaments … generating theoretically equivalent expected aggregate investment. This paper reports a set of laboratory experiments designed to …

Persistent link: https://www.econbiz.de/10010817395

A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments

Dechenaux, Emmanuel; Kovenock, Dan; Sheremeta, Roman - Economic Science Institute (ESI), Argyros School of … - 2012

between groups, as well as real-effort and field experiments. Finally, we discuss applications of contests to the study of …

Persistent link: https://www.econbiz.de/10010575500

Divided Loyalties or Conditional Cooperation? An experimental study of contributions to multiple public goods

McCarter, Matthew W.; Samak, Anya C.; Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2013

It is common in organizational life to be simultaneously involved in multiple collective actions. These collective actions may be modeled using public good dilemmas. The developing social dilemma literature has two perspectives – the “divided loyalties” and “conditional cooperation”...

Persistent link: https://www.econbiz.de/10010817440

Money is More than a Memory

Bigoni, Maria; Camera, Gabriele; Casari, Marco - Economic Science Institute (ESI), Argyros School of … - 2014

Impersonal exchange is the hallmark of an advanced society. One key institution for impersonal exchange is money, which economic theory considers just a primitive arrangement for monitoring past conduct in society. If so, then a public record of past actions—or memory—supersedes the function...

Persistent link: https://www.econbiz.de/10011074873

Personality and the Consistency of Risk Taking Behavior: Experimental Evidence

Deck, Cary; Lee, Jungmin; Reyes, Javier - Economic Science Institute (ESI), Argyros School of … - 2010

Researchers have found that an individual’s risk attitude is not stable across elicitation methods. Results reported by Deck et al. (2009) suggest that personality may help explain the apparent inconsistency, offering support to Borghans et al.’s (2008) argument that economists should...

Persistent link: https://www.econbiz.de/10008680349

Affecting Policy by Manipulating Prediction Markets: Experimental Evidence

Deck, Cary; Lin, Shengle; Porter, David - Economic Science Institute (ESI), Argyros School of … - 2010

Documented results indicate prediction markets effectively aggregate information and form accurate predictions. This has led to a proliferation of markets predicting everything from the results of elections to a company’s sales to movie box office receipts. Recent research suggests prediction...

Persistent link: https://www.econbiz.de/10008680351

Price Increasing Competition? Experimental Evidence

Deck, Cary; Gu, Jingping - Economic Science Institute (ESI), Argyros School of … - 2010

products. We explore this relationship using controlled laboratory experiments. Our results indicate that the distribution of …

Persistent link: https://www.econbiz.de/10008680352

Can Markets Save Lives? An Experimental Investigation of a Market for Organ Donations

Deck, Cary; Kimbrough, Erik O. - Economic Science Institute (ESI), Argyros School of … - 2010

Many people die while waiting for organ transplants even though the number of usable organs is far larger than the number needed for transplant. Governments have devised many policies aimed at increasing available transplant organs with variable success. However, with few exceptions, policy...

Persistent link: https://www.econbiz.de/10008680354

Do Prediction Markets Aid Defenders in a Weak-Link Contest?

Deck, Cary; Hao, Li; Porter, David - Economic Science Institute (ESI), Argyros School of … - 2013

Laboratory experiments have demonstrated that prediction market prices weakly aggregate the disparate information of … experiments where the defender may have the advantage of observing a prediction market on the aggressor’s action. The results of … the experiments indicate that: the use of prediction markets does not increase the defender’s win rate; prediction markets …

Persistent link: https://www.econbiz.de/10010817386

Sustaining Group Reputation.

Kimbrough, Erik O.; Rubin, Jared - Economic Science Institute (ESI), Argyros School of … - 2013

When individuals trade with strangers, there is a temptation to renege on contracts. In the absence of repeated interaction or exogenous enforcement mechanisms, this problem can impede valuable exchange. Historically, individuals have solved this problem by forming institutions that sustain...

Persistent link: https://www.econbiz.de/10010817393