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Behavioural effects and market dynamics in field and laboratory experimental asset markets
Andraszewicz, Sandra; Wu, Ke; Sornette, Didier - 2019
two settings. The replication of the results in the two distinct settings indicates that relaxing some of the laboratory …
Persistent link: https://www.econbiz.de/10012001796
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Replication in experimental economics : a historical and quantitative approach focused on public good game experiments
Vallois, Nicolas; Jullien, Dorian - 2018
We propose a historical perspective on replication in experimental economics focused on public good games. Our intended … replication. In terms of our object, we highlight a type of replication that we call "baseline replication", which is not present … in explicit methodological discussions, yet central in the specificity of experimental economics regarding replication in …
Persistent link: https://www.econbiz.de/10011810046
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Experimental economics : past and future
Fréchette, Guillaume R.; Sarnoff, Kim; Yariv, Leeat - In: Annual review of economics 14 (2022), pp. 777-794
Persistent link: https://www.econbiz.de/10014428450
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Studying deception without deceiving participants: An experiment of deception experiments
Alberti, Federica; Güth, Werner - 2012
Banning deception in economic experiments does not exclude experiments with participants in the role of experimenters who can gain by deceiving those in the role of participants. We compare treatments with and without possible deception by experimenter-participants to test whether deception...
Persistent link: https://www.econbiz.de/10010291812
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Nonrenewable Resources, Strategic Behavior and the Hotelling Rule: An Experiment
van Veldhuizen, Roel; Sonnemans, Joep - 2011
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10010325825
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Rich meets Poor - An International Fairness Experiment
Cappelen, Alexander W.; Moene, Karl Ove; Sørensen, Erik Ø. - 2008
Why do people in rich countries not transfer more of their income to people in the world's poorest countries? To study this question and the relative importance of needs, entitlements, and nationality in people's social preferences, we conducted a real effort fairness experiment where people in...
Persistent link: https://www.econbiz.de/10010326015
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The Role of Experiments for the Development of Economic Theories
Schmidt, Klaus M. - 2009
Economic experiments interact with economic theories in various ways. First of all they are used to test economic theories. However, they can neither confirm nor falsify them in a strict sense. They rather inform us about the range of applicability, the robustness and the predictive power of a...
Persistent link: https://www.econbiz.de/10010334065
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Applying quadratic scoring rule transparently in multiple choice settings: A note
Artinger, Florian; Exadaktylos, Filippos; Koppel, Hannes; … - 2010
The quadratic scoring rule (QSR) is often used to guarantee an incentive compatible elicitation of subjective probabilities over events. Experimentalists have regularly not been able to ensure that subjects fully comprehend the consequences of their actions on payoffs given the rules of the...
Persistent link: https://www.econbiz.de/10010267101
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On the independence of observations between experiments
Matthey, Astrid; Regner, Tobias - 2009
In experimental economics there exists a lively debate about the independence of observations. Although opinions on the issue differ widely, all concerns regard the independence of subjects' behavior within one session or experiment. This paper attempts to shed some light on the independence of...
Persistent link: https://www.econbiz.de/10010267107
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Did we overestimate the role of social preferences? The case of self-selected student samples
Falk, Armin; Meier, Stephan; Zehnder, Christian - 2011
Social preference research has received considerable attention among economists in recent years. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially problematic as students...
Persistent link: https://www.econbiz.de/10010274687