Showing 1 - 10 of 7,377
, incentive mechanisms, repeated trials and learning. The hope is that increasing awareness on some sharing methodologies will …
Persistent link: https://www.econbiz.de/10005626840
generalizability. Given that field experiments are in their infancy, our secondary focus pertains to a discussion of the various … conclusions empirically on the crucial question of generalizability from the lab to the field. …
Persistent link: https://www.econbiz.de/10010723535
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences … resistance among social scientists who argue that lab experiments lack "realism" and "generalizability". In this article we …
Persistent link: https://www.econbiz.de/10008468582
games offer new opportunities to identify learning rules, since on networks (compared to e.g. random matching) more rules … participants choose and which information they consult before making their choices. We use this information to estimate learning … types using maximum likelihood methods. There is substantial heterogeneity in learning types. However, the vast majority of …
Persistent link: https://www.econbiz.de/10011145661
Bertrand competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We first present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less collusion with more firms leads to lower average prices....
Persistent link: https://www.econbiz.de/10010851468
I propose how to model memory loss of knowledge.
Persistent link: https://www.econbiz.de/10005672007
Research in experimental economics has cogently challenged the fundamental precept of neoclassical economics that economic agents optimize. The last two decades have seen elaboration of boundedly rational models that try to move away from the optimization approach, in ways consistent with...
Persistent link: https://www.econbiz.de/10010860809
The health care systems in the Nordic countries are facing key challenges. While the possibilities and willingness to expand health care resources are limited, the demand for health care are increasing due to continuous development of new medical technologies, changing demographics, increasing...
Persistent link: https://www.econbiz.de/10011272727
Research in experimental economics has cogently challenged the fundamental precept of neoclassical economics that economic agents optimize. The last two decades have seen elaboration of boundedly rational models that try to move away from the optimization approach, in ways consistent with...
Persistent link: https://www.econbiz.de/10010815450
The numerous reports on preference reversals in preference elicitations pose a great challenge to empirical economics. Many studies have found that different tasks may generate substantially different preferences. However, little is known about whether one task is more susceptible to preference...
Persistent link: https://www.econbiz.de/10011051352