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This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10014023489
To identify dual-process reasoning in giving, we exposed experimental participants making a charitable donation to vivid images of the charity’s beneficiaries in order to stimulate affect. We hypothesized that the effect of an affective manipulation on giving would be larger when we...
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With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and bidding behavior in (online) proxy-auctions with independent private valuations. We show that temporary buy-options may reduce revenues for two reasons: At low buy-prices, the...
Persistent link: https://www.econbiz.de/10011453215
We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on...
Persistent link: https://www.econbiz.de/10011771301
dimensions of our identity (“homophily”). Lab studies of network formation games have found that adherence to social norms of … both homophily and social norms in a controlled environment. At the beginning of our experiment, each player fills in a …
Persistent link: https://www.econbiz.de/10011993333
begin by examining how the methodology has been used to test economic models with populations of theoretical interest. Next … covariates to test theoretical predictions and explore behavioral mechanisms. We proceed to discuss how the methodology can be … utilized to compare behavior across cultures and contexts, and test for the external validity of results obtained in the lab …
Persistent link: https://www.econbiz.de/10014023427
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maximizing the number of recipients and with Rawlsianism. Regarding the framing, we observe that professional norms surface more …
Persistent link: https://www.econbiz.de/10009531668