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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...
Persistent link: https://www.econbiz.de/10013021431
Over two days in February 1988, several key experimental economists and cognitive psychologists met to explore the possibilities of joint research promoted by the Sloan and Russell Sage Foundations under the rubric behavioral economics. The original vision that the meeting could open a line of...
Persistent link: https://www.econbiz.de/10012993985
details as deception or not based upon what experimenters and participants may or may not know about the experiment and each …
Persistent link: https://www.econbiz.de/10013235668
Experiments can complement other methods in identifying causal relationships and in measuring behavioral deviations from theoretical predictions. While the experimental method has long been central in many scientific disciplines, it was almost nonexistent in finance until the 1980s. To survey...
Persistent link: https://www.econbiz.de/10013269607
This chapter surveys the past and future role of experimental economics in legal research and practice. Following a brief explanation of the theory and methodology of experimental economics, the chapter discusses topics in each of three broad application areas: (1) the use of experiments for...
Persistent link: https://www.econbiz.de/10013292172
This paper examines the influence of pre-experiment tasks on subject understanding. It used a 2x2 design varying the … type of instructions and whether or not the pre-experiment quiz was incentivized. The Standard instructions were written …-Media Learning literature, which aims to find ways to maximize subject understanding from instruction. After the pre-experiment …
Persistent link: https://www.econbiz.de/10012849403
over-estimation of social preferences in the student population. -- methodology ; selection bias ; laboratory experiment … ; field experiment ; otherregarding behavior ; social preferences ; social approval ; experimenter demand …
Persistent link: https://www.econbiz.de/10009738333
over-estimation of social preferences in the student population. -- methodology ; selection bias ; laboratory experiment … ; field experiment ; other-regarding behavior ; social preferences ; social approval ; experimenter demand …
Persistent link: https://www.econbiz.de/10009740435
experimenter-participants to test whether deception affects behaviour of participant-participants in a dictator experiment and …
Persistent link: https://www.econbiz.de/10009544383
instructions' format affects the participants' understanding of the experiment, their speed of play and their experimental behavior …. We show that longer instructions do not significantly improve the subjects' understanding of the experiment; on …
Persistent link: https://www.econbiz.de/10009349750