Showing 1 - 9 of 9
Laboratory experiments reporting on shortfalls from allocative efficiency of allocation mechanisms depend on the induced-values methodology, which cannot be extended to the field. Harstad [2011] proposes to observe efficiency of allocation mechanisms without knowing motivations via behavior in...
Persistent link: https://www.econbiz.de/10009314446
Economic experiments conducted in laboratories employing an induced-values methodology can report on allocative efficiencies observed. This methodology is limited by requiring the experimenter to know subjects' motivations, an impossibility in field experiments. Allocative efficiency implies a...
Persistent link: https://www.econbiz.de/10009314483
Persistent link: https://www.econbiz.de/10010403113
Persistent link: https://www.econbiz.de/10009743238
Persistent link: https://www.econbiz.de/10011338358
Persistent link: https://www.econbiz.de/10009732823
Persistent link: https://www.econbiz.de/10008662089
Persistent link: https://www.econbiz.de/10011781665
Persistent link: https://www.econbiz.de/10013479386