Showing 1 - 10 of 274
Persistent link: https://www.econbiz.de/10000864998
How does polarization - as measured by mistreatment of political rivals - spread? In an online experiment, participants choose between splitting financial resources equally or discriminating against a member of the opposing political party. We vary the information subjects receive about others'...
Persistent link: https://www.econbiz.de/10015420710
Tax avoidance among large multinational corporations has considerably increased in recent years, triggering an intense discussion about how to ensure tax justice. We propose a novel experimental design to incentive-compatibly model the firm-consumer relationship in a consumer goods market. This...
Persistent link: https://www.econbiz.de/10012550316
The quantal response equilibrium (QRE) notion of McKelvey and Palfrey (1995) has recently attracted considerable attention, due in part to its widely documented ability to rationalize observed behavior in games played by experimental subjects. However, even with strong a priori restrictions on...
Persistent link: https://www.econbiz.de/10012779486
Managers wish to verify that a particular engineering design meets their requirements. This design's future environment will differ from the environment assumed during the design. Therefore it is crucial to determine which variations in the environment may make this design unacceptable. The...
Persistent link: https://www.econbiz.de/10012719802
Countries that elect their policy-makers by means of Plurality Voting tend to have a two-party system. We conduct laboratory experiments to study whether alternative voting procedures yield a two-party system as well. Plurality Voting is compared with Approval Voting and Dual Voting, both of...
Persistent link: https://www.econbiz.de/10012723089
Design Of Experiments (DOE) is needed for experiments with real-life systems, and with either deterministic or random simulation models. This contribution discusses the different types of DOE for these three domains, but focusses on random simulation. DOE may have two goals: sensitivity analysis...
Persistent link: https://www.econbiz.de/10012723285
Optimization of simulated systems is tackled by many methods, but most methods assume known environments. This article, however, develops a 'robust' methodology for uncertain environments. This methodology uses Taguchi's view of the uncertain world, but replaces his statistical techniques by...
Persistent link: https://www.econbiz.de/10012723330
Computational models are widely applied to address fundamental and practical issues in organization science. Yet, computational modeling in organization science continues to raise questions of validity. In this paper, we argue that computational validity is a balance of three elements: the...
Persistent link: https://www.econbiz.de/10012746474
This paper uses nearly five decades of data from "The Price Is Right", the longest running gameshow in television history, as a natural experiment to understand how attention to prices has changed in recent decades. Using nearly 30,000 trials (120,000 bids) of the one-bid “Contestant's Row”...
Persistent link: https://www.econbiz.de/10012847335