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Using a field experiment eliciting the risk preferences of 490 9th and 11th grade students from a variety of school … considered by economists (gender, ethnicity, height, and parental education) we also evaluate cognitive (proxied by math literacy …
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The Nash equilibrium predictions of standard game theory often fail in experimental test. While innumerable refinements to Nash equilibrium have been suggested, they too fail in empirical tests. What seems apparent is that humans rely on a rich mixture of contextual cues and signals to determine...
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This paper explores the extent to which team identity can deter shirking and free-riding behavior in a team production … setting. Team identity is manufactured and identification is enhanced by a variety of means. Created team identity is chosen … over existing team identity to ensure that all subjects recognize their own (and others’) team identity. Subjects then …
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