Ball, Sheryl; Eckel, Catherine; Grossman, Philip J.; … - In: The Quarterly Journal of Economics 116 (2001) 1, pp. 161-188
This project tests for the effect of social status in a laboratory experimental market. We consider a special "box design" market in which a vertical overlap in supply and demand ensure that there are multiple equilibrium prices. We manipulate the relative social status of our subjects by...