Standardized classroom economics experiments provide a treasure trove of evidence about how well results reproduce when nearly-identical methods are used. We use a sample of around 20,000 observations to test reproducibility in bargaining and trading. Ultimatum bargaining exhibits some...

Real-effort experiments are frequently used when examining a response to incentives. For any particular real-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives considered, result in an interior effort choice. The popular...

We introduce DOSE - Dynamically Optimized Sequential Experimentation - and use it to estimate individual-level loss aversion in a representative sample of the U.S. population (N=2,000). DOSE elicitations are more accurate, more stable across time, and faster to administer than standard methods....

This article theoretically proposes and empirically verifies an understudied issue in the business ethics (BE) and corporate social responsibility (CSR) literature—how moral degradation (MD) in a society influences the relationship between BE or CSR and firm performance (i.e., corporate...

A familiar old saw about the conduct of monetary policy is that it's like trying to drive a car while looking only in the rearview mirror. The idea is that policymakers are trying to steer a course that will keep the economy close to full employment with low, stable inflation, while their only...

We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population (combined N = 3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative-expected-value gambles. This is counter to earlier...

This paper applies argument mining techniques to political discussions obtained from an online chat experiment prior to a ballot. We investigate the task of automatically detecting chat messages that give justification for an underlying claim. We use bag-of-words features as well as state of the...

This paper presents a two-wave survey experiment on self-image concerns in voting. We elicit votes on a ballot initiative in Switzerland that spurred campaigns involving widely shared normative values. We investigate how messages that change the self-signaling value of a Yes vote affect...

We develop a parsimonious but fully portable model of limited perspective taking for Bayesian games. We postulate an empirically tight link between the extent to which people project onto others and the extent to which they simultaneously anticipate but underestimate others’ projection onto...