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We develop a dynamic resource extraction game that mimics the global multi-generation planning problem for climate change and fossil fuel extraction. We implement the game under different conditions in the laboratory. Compared to a "libertarian" baseline condition, we find that policy...
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We have developed a computerized version of Charles Holt’s classical market game that can be used even in classes with a large audience. The Pit market game gives students intuitive access to the interaction of supply and demand in real-world markets. Even though trade can take place at...
Persistent link: https://www.econbiz.de/10011541284
. To this end, we conduct a repeated public goods experiment with and without punishment using samples from the laboratory … and the online platform Amazon Mechanical Turk. We chose to replicate this experiment because it is long and logistically … reducing dropout and show that, for our case study, dropouts are exogenous to the experiment. We conclude that data quality for …
Persistent link: https://www.econbiz.de/10011602758
. To this end, we conduct a repeated public goods experiment with and without punishment using samples from the laboratory … and the online platform Amazon Mechanical Turk. We chose to replicate this experiment because it is long and logistically … reducing dropout and show that, for our case study, dropouts are exogenous to the experiment. We conclude that data quality for …
Persistent link: https://www.econbiz.de/10011607542
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This chapter is concerned with the empirical exploration and experimental investigation of the numerous theories of decision making under uncertainty proposed in the earlier chapters of this handbook. This chapter begins with static theories of behavior under risk ; then we look at dynamic...
Persistent link: https://www.econbiz.de/10014025518