measured by the variance is significantly larger than the amplitude under RE, implying persistent excess volatility. However …

. We try to resolve this question by means of a learning-to-forecast experiment in which a futures market and a spot market … aversion, and the volatility of futures prices. In the end we observe a stabilizing effect on spot prices for weakly coupled …

In the reported experiment different payment schemes are examined on theirincentive effects. Payment based on …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …

decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …

experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …