for possible carryover effects, like, e.g., a lingering taste of the products. Proper randomization is essential to … guarantee the usual model assumption of independent identically distributed (i.i.d.) errors. We consider a randomization … procedure that permutes treatment labels and assessors. This restricted randomization leaves the neighbour structure unchanged …

they expect the fundamental value to stay constant.Running the experiment with a different context (stocks of a depletable …

We report the results of a field experiment with bicycle messengers in Switzerland and the United States. Messenger …

another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple … change consumption according to the suggestion of the label. A controlled laboratory experiment confirms this result and …

Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for … another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment … of their budget, subjects change consumption according to the label. A controlled laboratory experiment confirms this …