Showing 1 - 10 of 1,565
Persistent link: https://www.econbiz.de/10013441603
We study experimentally partnership protocols of the sort proposed by Kalai and Kalai (2010), for bilateral trade games with incomplete information. We utilize the familiar game analyzed by Chatterjee and Samuelson (1983) and Myerson and Sattherwaite (1983), with a buyer and seller with value...
Persistent link: https://www.econbiz.de/10010334257
how experiments can be used in macroeconomics. Originality/value – The paper discusses the rationale for using behavioral … experiments in macroeconomics, and summarizes the papers in the symposium.  …
Persistent link: https://www.econbiz.de/10014864516
negative word-of-mouth. Fourth, through experiments, insights are gained into the cognitive mechanisms leading to exaggeration …
Persistent link: https://www.econbiz.de/10014894666
We present a new approach to estimating health gains from treatments by asking respondentsto directly compare the ‘before’ and ‘after’ treatment health states in the time trade-off (TTO)framework. We found that responses to these direct comparisons were much more likely tocapture a...
Persistent link: https://www.econbiz.de/10005869318
How can a principal (an agent) ensure that an agent (a principal) will work (pay up), ifpayment (work) precedes work (payment)? When a banknote is torn in two, each part is byitself worthless. A principal can pre-commit to payment-on-delivery, by tearing a banknoteand giving the agent the first...
Persistent link: https://www.econbiz.de/10005869683
The quadratic scoring rule (QSR) is often used to guarantee an incentive compatibleelicitation of subjective probabilities over events. Experimentalists haveregularly not been able to ensure that subjects fully comprehend the consequencesof their actions on payoffs given the rules of the games....
Persistent link: https://www.econbiz.de/10005870885
In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....
Persistent link: https://www.econbiz.de/10005870886
Early modern naturalists were faced with what has been termedthe ‘first bio-information crisis’. A key figure in resolving this crisiswas the Swedish naturalist Carl Linnaeus (1707-1788). Thispaper will focus on Linnaeus’s day-to-day working routines on thebasis of manuscript material held...
Persistent link: https://www.econbiz.de/10005870890
We report three repetitions of Falk and Kosfeld's (2006) low and medium control treatmentswith 364 subjects. Each repetition employs a sample drawn from a standard subject pool ofstudents and demographics vary across samples. Our results largely conict with those of theoriginal study. We mainly...
Persistent link: https://www.econbiz.de/10005870900