We report on two novel choice experiments with real goods where subjects in one treatment are forced to choose, as is … the norm in economic experiments, while in the other they are not but can instead incur a small cost to defer choice … by rational choice. Our results suggest that nonforced‐choice experiments and models can be helpful in separating people …

We run a market experiment where firms can choose not only their price but also whether to present comparable offers …

psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is …