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...

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...

We investigate the use of exploding offers in job hiring situations via behavioral experiments. The pro-poser chooses between issuing an exploding or extended offer, while the responder waits for a better out-side alternative. Whereas an exploding offer must be accepted or rejected before...