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consumer electronics, and club memberships. We demonstrate that consumption is affected by contract structure (pay-peruse vs …. We also measure subjects' willingness to pay for a contract with free access units, and we find that nearly half of … strategy is therefore to offer a contract that presells access units at a very small discount; this strategy increases revenue …
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quantity. We provide analytical models and use a laboratory experiment to analyze ordering behavior under service level … quantities with low variability, resulting in high efficiency. In our experiment, the efficiency that human subjects achieved … under a service level contract was 97.2%, compared with an efficiency of 88.1% under a wholesale price contract …
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present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions … ; gender ; experiment …
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Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
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