experiment that serves as an empirical test of Adam Smith?s invisible- hand hypothesis. Furthermore, it demonstrates to the … students that competition acts as a discovery procedure. The experiment is of high didactical value, since the students gain … zumindest ihre grundlegenden Verhaltenshypothesen testen zu können. Dieser Beitrag stellt ein einfaches Hörsaal-Experiment vor …

zumindest ihre grundlegenden Verhaltenshypothesen testen zu können. Dieser Beitrag stellt ein einfaches Hörsaal-Experiment vor …, das Adam Smiths Hypothese von der "unsichtbaren Hand" im Marktgeschehen empirisch überprüft. Das Experiment zeigt zudem … classroom experiment that serves as an empiricial test of Adam Smith's invisible- hand hypothesis. It demonstrates that …

conducted a simple experiment with people who have been involved in international climate policy. The experiment, which was run … significant differences in the degree of inequity aversion between different regions in the world, which is in line with previous …

standard preferences, redistribution would reduce effort. This is different with social preferences. Using data from the World … in effort, but that the reverse does not hold true. Using a lab experiment, we show that redistribution choices even …

laboratory experiment that incorporates more aspects of real world complexity and more different sorts of official and private … sectors should maintain an international exchange rate oriented perspective, or better yet, a single world currency as …

. The paper’s findings support a single world currency rather than variable unpredictable exchange rates subjected to the …

world. First, we explore possible relations between the prevalence of narratives and the observed behavior in economic … world. Second, we construct a motif distance index that approximates the cultural distance between countries. Third, we …