This study revisits Engelmann and Strobel (2004), who test the theoretical models of fairness preferences with simple distribution games. We execute the experiment by recruiting a panel of subjects via the online platform Amazon Mechanical Turk three years prior and directly within the COVID-19...

We examine giving to an in-group member relative to an out-group member in the third party (other-other) dictator game. Individuals are randomly assigned to real groups under a “weak" and “strong" condition, and also assigned to artificial groups using the minimal group paradigm. We compare...

We examine giving to an in-group member relative to an out-group member in the third party (other-other) dictator game. Individuals are randomly assigned to real groups under a “weak" and “strong" condition, and also assigned to artificial groups using the minimal group paradigm. We compare...

Combining experimental datasets from seven individual studies, including 255 asset markets with 2,031 participants, and 36,326 short-term price forecasts, we analyze the role of heterogeneity of beliefs in the organization of trading behavior by reproducing and reconsidering earlier experimental...

Physical lab experiments have played an instrumental role in sculpting the history of experimental economics, facilitating controlled information conditions, efficient monetary inducements, and exclusive advantages via immediate human interaction and engaging experiences. These unique benefits...