This paper uses responder pre-commitment and psychological type, as measured by the Myers- Briggs Type Indicator (MBTI), to gain insight into subject behavior in a laboratory ultimatum bargaining experiment. Three experiment design details are noteworthy: (1) one design requires responders to...

Most studies of the determinants of understanding in economics focus on performance in a single course or standardized exam. Taking advantage of a large data set available at the U.S. Naval Academy (USNA), the authors examined the performance of economics majors over an entire curriculum. They...

Most studies of the determinants of understanding in economics focus on performance in a single course or standardized exam. Taking advantage of a large data set available at the U.S. Naval Academy (USNA), the authors examined the performance of economics majors over an entire curriculum. They...

We examine laboratory bargaining experiments with symmetric and asymmetric delay costs and options for proposers to credibly commit to a bargaining position. Contrary to standard game-theoretic predictions, our experimental results suggest that commitment can be used effectively to increase the...