Showing 2,021 - 2,030 of 2,099
How do we persuade people to part with money they feel they have rightly earned? We conducted a dyadic experiment (N=1,986) where luck determined which of the players' performance counted toward winning the game. Despite luck playing a large part, we found strong evidence of justified...
Persistent link: https://www.econbiz.de/10013540559
This paper examines strategic adaptation in participants’ behavior conditional on the type of their opponent. Participants played a constant-sum game for 100 rounds against each of three pattern-detecting computer algorithms designed to exploit regularities in human behavior such as...
Persistent link: https://www.econbiz.de/10014052194
In practice, simulation analysts often change only one factor at a time, and use graphical analysis of the resulting Input/Output (I/O) data. Statistical theory proves that more information is obtained when applying Design Of Experiments (DOE) and linear regression analysis. Unfortunately,...
Persistent link: https://www.econbiz.de/10014052879
In this article, the author offers a discussion of the evidential role of the Galilean constant in the history of physics. The author argues that measurable constants help theories constrain data. Theories are engines for research, and this helps explain why the Duhem-Quine thesis does not...
Persistent link: https://www.econbiz.de/10014053311
Teaching technology effects on student learning in a large lecture introductory statistics course were tested. Findings show in-class personal response systems and on-line homework/quizzes significantly improve student exam scores. We infer proven small class techniques, participating in class...
Persistent link: https://www.econbiz.de/10014053331
This paper reviews the literature of behavioral-, experimental-, and neuro-economics research with the ultimatum and the dictator games. One may wonder whether Adam Smith, were he working today, would not be a neuroeconomi[st]. Aldo Rustichini 2005
Persistent link: https://www.econbiz.de/10014054686
Generalized Response Surface Methodology (GRSM) is a novel general-purpose metaheuristic based on Box and Wilson. Response Surface Methodology (RSM). Both GRSM and RSM estimate local gradients to search for the optimal solution. These gradients use local first-order polynomials.GRSM, however,...
Persistent link: https://www.econbiz.de/10014055839
This article illustrates simulation optimization through an (s, S) inventory management system. In this system, the goal function to be minimized is the expected value of specific inventory costs. Moreover, specific constraints must be satisfied for some random simulation responses, namely the...
Persistent link: https://www.econbiz.de/10014055843
Classic linear regression models and their concomitant statistical designs assume a univariate response and white noise. By definition, white noise is normally, independently, and identically distributed with zero mean. This survey tries to answer the following questions: (i) How realistic are...
Persistent link: https://www.econbiz.de/10014056832
Results are reported of a laboratory experiment aimed at examining whether strategic substitutability and strategic complementarity have an impact on the tendency to cooperate in two-player dominance-solvable games with a Pareto-inefficient Nash equilibrium. We find that there is significantly...
Persistent link: https://www.econbiz.de/10014056834