In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...

The 2008-2009 global recession, which originated in developed economies, has rapidly spilled over worldwide, hitting different economies with various intensity. The Macedonian economy was not an exception - the export sector suffered heavily, expectations deteriorated and household consumption...

En este artículo se presenta una visión comparada de la formación de economistas en cinco países de América Latina. Para tal fin, se analizan la currícula, los libros de texto comúnmente utilizados, la dedicación de los profesores, los métodos de enseñanza, y el uso de tecnologías y...

Student achievements are expected to be affected by both educational activities and learning during a course and previous teaching and learning, and earlier eligibility requirements. Using data from a quasi-experimental retrospective study, we estimated the effect on exam scores in an...

This article assesses how the form of the utility function in discrete-choice experiments (DCEs) affects estimates of willingness-to-pay (WTP). The utility function is usually assumed to be linear in its attributes. Non-linearities, in the guise of interactions and higher-order terms, are...

Gender gaps in income and level of position in the workplace are widespread. One explanation for this inequality is that the genders perform differently under competitive conditions, as previous experimental studies have found a significant gender gap in competitive tasks that are perceived to...

Although understanding how multiculturalism shapes society is imperative in today's globalized world, insights on certain behavior domains remain limited, including those on tax compliance among domestic versus foreign taxpayers. Our meta-study of laboratory tax experiments analyzes over 50,000...

Using a standard trust game, we elicit trust and reciprocity measures in a representative sample of adult players in Montevideo, the capital city of Uruguay, a country that exhibits relatively better levels of tolerance towards migrants than other Latin American countries. We find no...

Multi-unit auctions are sometimes plagued by the so-called exposure problem. In this paper, we analyze a simple game called the chopstick auction' in which bidders are confronted with the exposure problem. We analyze the chopstick auction with incomplete information both in theory and in a...

Balanced experimental designs, in which the number of treatment and control units are the same, do not maximize power subject to a cost constraint when treat-ment units are more expensive than control ones. Despite this, such balanced designs are the norm in economics. This paper describes...