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This paper provides laboratory evidence on the efficiency-enhancing properties of the Tiebout model as a decentralized system of public goods provision. Tiebout (1956) shows that if a sufficient number of local communities exist to accommodate different types of preferences, individuals sort...
Persistent link: https://www.econbiz.de/10014187023
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pt. 1. Evidence on the neuroscientific foundations of decision-making -- pt. 2. Emotions and morality in decision-making -- pt. 3. Learning and risk attitude in decision-making -- pt. 4. Probability and judgment in decision-making -- pt. 5. Decision-making in social interaction.
Persistent link: https://www.econbiz.de/10015068401
. This study applies experimental methods to analyze travel mode choice. Two different scenarios are considered. In the first scenario, subjects have to decide whether to commute by car or by metro. Metro costs are fixed, while car costs are uncertain and determined by the joint effect of casual...
Persistent link: https://www.econbiz.de/10008558959
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This paper analyses gender differences in the trust game. Our experiment implements the triadic design proposed by Cox (2004) to discriminate between transfers resulting from trust or trustworthiness and transfers resulting from altruistic preferences. We observe that women exhibit a higher...
Persistent link: https://www.econbiz.de/10005704527
This paper argues that the acceptance of two recent methodological advances in economics, namely game theory and laboratory experimentation, was affected by the history dependence constraining the formalization of economics. After an early period in which the two methods were coolly received by...
Persistent link: https://www.econbiz.de/10005824323
This paper reports on a laboratory study that examined the influence of experimenter bias in the investment game. Specifically we explored the effect of changing the gender of the experimenter and compared it with the double blind treatment. Our findings show that the presence of a female...
Persistent link: https://www.econbiz.de/10005824334
This paper analyses the early contributions of John Harsanyi and Thomas C. Schelling to bargaining theory. In his work, Harsanyi (1956) draws Nash’s solution to two-person cooperative games from the bargaining model proposed by Zeuthen (1930). Whereas Schelling (1960) proposes a multi-faceted...
Persistent link: https://www.econbiz.de/10005766514
This paper investigates the validity of the model of dual processing by means of eyetracking methods. In this theoretical framework, gaze direction may be a revealing signal of how automatic detection is modified or sustained by controlled search. We performed an experiment by using a stylized...
Persistent link: https://www.econbiz.de/10005766549