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We study experimentally when, why, and how people intervene in others' choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
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Payments and discounts incentivize participation in many transactions about which people know little, but can learn more --- payments for medical trial participation, signing bonuses for job applicants, or price rebates on consumer durables. Who opts into the transaction when given such...
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. We conduct a behavioral experiment that confirms these predictions, both for experimental variation in the costs of …
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of the demand distribution. Second, in a market with symmetric firms we observe tacit collusion in that firms provide … less than the predicted quantities. Third, in a market with asymmetric capacities, the larger firm bids more competitively …
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