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The coordination value of monetary exchange : experimental evidence
Camera, Gabriele; Casari, Marco - 2011
Under what conditions can cooperation be sustained in a network of strangers? Here we study the role of institutions and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could cooperate or defect in bilateral random encounters. This...
Persistent link: https://www.econbiz.de/10011735015
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Fungibility, labels, and consumption
Abeler, Johannes (contributor); Marklein, Felix (contributor) - 2008
Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for …, incentivized setup many subjects do not treat money as fungible. When a label is attached to a part of their budget, subjects …
Persistent link: https://www.econbiz.de/10003716538
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Trading goods versus sharing money : an experiment testing wether fairness and efficiency are frame dependent
Berninghaus, Siegfried; Güth, Werner; Kirstein, Annette - 2003
Persistent link: https://www.econbiz.de/10002089490
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Burning money and (pseudo) first-mover advantages : an experimental study on forward induction
Huck, Steffen; Müller, Wieland - In: Games and economic behavior 51 (2005) 1, pp. 109-127
Persistent link: https://www.econbiz.de/10002755531
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Monetary theory in the laboratory
Duffy, John - In: Review / Federal Reserve Bank of St. Louis 80 (1998) 5, pp. 9-26
Persistent link: https://www.econbiz.de/10001352503
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Compensating for public harms : why public goods are preferred to money
Mansfield, Carol; Van Houtven, George L.; Huber, Joel - In: Land economics : applied research on environmental resources 78 (2002) 3, pp. 368-389
Persistent link: https://www.econbiz.de/10001702959
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Intrinsically worthless objects as media of exchange : experimental evidence
Duffy, John; Ochs, Jack - In: International economic review 43 (2002) 3, pp. 637-673
Persistent link: https://www.econbiz.de/10001696343
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Experimentelle Untersuchungen zur Bewertung von Geld : ein Beitrag zur Risikoanalyse
Prieur, Sigurd - 2002
Persistent link: https://www.econbiz.de/10001748394
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Trading goods versus sharing money : an experiment testing whether fairness and efficiency are frame dependent
Berninghaus, Siegfried; Güth, Werner; Kirstein, Annette - 2004
Persistent link: https://www.econbiz.de/10002049021
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General equilibrium, markets, macroeconomics and money in a laboratory experimental environment
Lian, Peng - In: Economic theory : official journal of the Society for … 12 (1998) 1, pp. 21-75
Persistent link: https://www.econbiz.de/10001243005