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Bargaining and Network Structure : An Experiment

Charness, Gary; Corominas-Bosch, Margarida; Fréchette, … - 2006

We consider bargaining in a bipartite network of buyers and sellers, who can only trade with the limited number of people with whom they are connected. Such networks could arise due to proximity issues or restricted communication flows, as with information transmission of job openings, business...

Persistent link: https://www.econbiz.de/10014142824

Repeated Experience and Consistent Risk Preferences

Charness, Gary; Chemaya, Nir - 2023

Economists have developed various methods to elicit risk preferences, which can help forecast decision-making in risky scenarios. However, risk elicitation can be complex, and there remain unresolved challenges. Our research demonstrates that repeated exposure to risk elicitation tasks, such as...

Persistent link: https://www.econbiz.de/10014350808

Informal Risk-Sharing in an Infinite-Horizon Experiment

Charness, Gary; Genicot, Garance - 2006

This paper presents the first laboratory study of risk-sharing without commitment. Our experiment captures the main … for the shape of the constrained optimal risk-sharing arrangement. In our experiment, participants are matched in pairs …-horizon and discounting in the model. Second, at the end of the experiment, a unique period is randomly drawn to count for cash …

Persistent link: https://www.econbiz.de/10014073184

Bargaining and network structure : an experiment

Charness, Gary; Corominas-Bosch, Margarida; Fréchette, … - In: Journal of economic theory 136 (2007) 1, pp. 28-65

Persistent link: https://www.econbiz.de/10003552122

Learning Your Own Risk Preferences

Charness, Gary; Chemaya, Nir; Trujano-Ochoa, Dario - 2022

Do people know their own risk preferences, or do risk choices change with experience and observation? We provide a clean and straightforward test in the laboratory. People make an initial decision concerning a lottery choice and then experience 24 practice periods in which they roll the dice,...

Persistent link: https://www.econbiz.de/10013404466

A test of the Modigliani-Miller invariance theorem and arbitrage in experimental asset markets

Charness, Gary; Neugebauer, Tibor - 2018

Persistent link: https://www.econbiz.de/10011817662

Social comparisons in wage delegation : experimental evidence

Charness, Gary; Cobo-Reyes, Ramón; Lacomba, Juan A.; … - 2013

This article examines whether social comparisons have behavioral effects on workers' performance when a firm can choose workers' wages or let them choose their own. Firms can delegate the wage decision to neither, one or both workers in the firm. We vary the information workers receive, finding...

Persistent link: https://www.econbiz.de/10010226059