Showing 31 - 40 of 452
games, three prominent concepts of equilibrium selection favor E0. Experiments, however, result in cooperation frequencies …
Persistent link: https://www.econbiz.de/10012621805
Persistent link: https://www.econbiz.de/10012627986
The paper surveys the experimental literature on centralized matching markets, covering school choice and college admissions models. In the school choice model, one side of the market (schools) is not strategic, and rules (priorities) guide the acceptance decisions. The model covers applications...
Persistent link: https://www.econbiz.de/10012627987
Within the framework of a laboratory experiment, we examine to what extent algorithm aversion acts as an obstacle in … consulted in around 40% of cases. This tendency towards algorithm aversion among subjects is an obstacle to the broader …
Persistent link: https://www.econbiz.de/10014332554
We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in...
Persistent link: https://www.econbiz.de/10014429870
The standard approach to nominal illusion in Economics sees it as a transitory phenomenon, as economic agents eventually see through the nominal veil, making the right choices. Recent empirical studies suggest that money illusion may persist, distorting real prices in a variety of economic...
Persistent link: https://www.econbiz.de/10014496070
Li (Am Econ Rev 107(11):3257–3287, 2017) introduces a theoretical notion of obviousness of a dominant strategy, to be used as a refinement in mechanism design. This notion is supported by experimental evidence that bidding is closer to dominance in the dynamic ascending-clock auction than the...
Persistent link: https://www.econbiz.de/10014501391
Acknowledging the impact on their sales, companies strive to increase the number of positive online reviews of their products. A recently popular practice for stimulating online reviews is offering monetary rewards to customers in return for writing an online review. However, it is unclear...
Persistent link: https://www.econbiz.de/10014503624
ein Discrete-Choice-Experiment im Rahmen eines Online-Surveys mit rund 1200 deutschen Teilnehmenden zurück. Im Experiment …
Persistent link: https://www.econbiz.de/10014503827
and experiment in which workers' quality becomes known only in the late part of the market. However, in equilibrium …
Persistent link: https://www.econbiz.de/10010369345