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Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
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In this paper, results from a classroom experiment are analyzed using both MLE and Bayesian Methods. A pop-up review …
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This experimental study investigates a market simulation game using classroom experiments. Repeated game experiments are conducted for business competition including Bertrand, Cournot, and Stackelberg competition, and their combinations. The market platform varies from homogeneous to...
Persistent link: https://www.econbiz.de/10014096073
form of a plate of M&Ms. Communication is not allowed in the first experiment, whereas in the second experiment students … may try to influence each other's desired harvest. The third experiment divides the plate to establish individual property …
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