This study tested between two interpretations of confidence in diagnostic hypotheses: expected probability of being correct and conflict experienced during the diagnostic process. Physicians generated hypotheses for case histories with two plausible diagnoses, one having a higher population base...

This paper examines the relationship between firms' wage offers and workers' supply of effort using a three-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero, while third period productivity is zero and wages are...

Physicians generated diagnostic hypotheses for case histories for which 2 types of diagnoses were plausible, with one having a higher population base rate but less severe clinical consequences than the other. The number of clinical and background symptoms pointing towards the 2 diagnoses was...

This paper examines the relationship between firms’ wage offers and workers’ supply of effort using a three-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero, while third period productivity is zero and wages...

We examine behavior in Cournot and Stackelberg markets in a simple experiment where participants experience both market forms. Moreover, Stackelberg followers have to submit full response strategies. Our main finding is that Stackelberg followers employ rather flat, reciprocal response function,...