Showing 1 - 10 of 7,014
We conduct one of the first laboratory experiments and noncooperative analyses of the de-centralized matching market … but some differ from experimental evidence. Stable matching, which coincides with efficient matching in this setting, is … core and whether efficient matching is assortative determine the rate of matching, efficient matching, and surplus achieved …
Persistent link: https://www.econbiz.de/10012834566
Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …
Persistent link: https://www.econbiz.de/10014476792
We study an experiment of the students-proposing deferred acceptance mechanism (DA) in matching markets where firms are … higher ranking. This experiment confirms that the matching results under DA influence students’ preference formation, which …
Persistent link: https://www.econbiz.de/10013292135
irreversible investment. Subjects had the option to trade a safe endowment for a claim on the sum of future realizations from a … initially bet on the state of the world to obtain the high drift, subjects in the treatment group seize the investment at …
Persistent link: https://www.econbiz.de/10013020553
We experimentally study how redistribution choices are affected by positive and negative information regarding the behaviour of a previous participant in a dictator game with a taking option. We use the strategy method to identify behavioural ‘types', and thus distinguish ‘conformists' from...
Persistent link: https://www.econbiz.de/10012865728
an incentivized dictator game) and investment in an Islamic fund. Using a lab experiment in a Muslim majority country … investors with religious preferences are likely to accept less convenient returns and risk to pursue the investment in line with … their religious preferences. We find that investment in the Islamic fund is driven by religious preferences, with investors …
Persistent link: https://www.econbiz.de/10014236448
We investigate a partially directed search market where buyers search for sellers and then final prices are determined by ultimatum game bargaining. In the search stage of this game, sellers post intervals of possible surplus splits to attract buyers and then buyers approach one seller from whom...
Persistent link: https://www.econbiz.de/10012930572
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012587476
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012648091
We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers can accept the highest standing bid or ask for another bid at positive costs. We find that sellers stop searching earlier than theoretically optimal. Inducing a mild form of time...
Persistent link: https://www.econbiz.de/10009731791