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We report on an experiment investigating whether the Hayak Hypothesis (Smith, 1982) extends to the long run setting. We …
Persistent link: https://www.econbiz.de/10011114094
, reference dependence in probabilities, in an experiment and found supporting evidence. …
Persistent link: https://www.econbiz.de/10011114101
one dollar and thirty cents to senders in the two trials of the experiment. Potential gains for senders could be …
Persistent link: https://www.econbiz.de/10011115220
When the surface temperature of the outdoor coil in an air source heat pump (ASHP) unit is lower than both freezing point of water and the air dew point, frost can be formed and accumulated over outdoor coil surface. Frosting affects the energy efficiency, and periodic defrosting therefore is...
Persistent link: https://www.econbiz.de/10011116053
Experiments were carried out to investigate the performance of a low-temperature radiant floor heating system with different heat storage materials (sand and phase change material) and heating pipes (polyethylene coils and capillary mat) in the floor structure of a test room. Detailed...
Persistent link: https://www.econbiz.de/10011116123
mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains conducive to efficiency when revenue …
Persistent link: https://www.econbiz.de/10011116845
subjectively colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …
Persistent link: https://www.econbiz.de/10011116852
Although many real bargaining situations involve more than one person on each side of the bargaining table, much of the theoretical and experimental research concentrates on two single players. We study a simple extension: bilateral bargaining of four people (two two-person groups) with...
Persistent link: https://www.econbiz.de/10011116853
, based on results from a life-cycle consumption/saving experiment. In a Group treatment, we allow inter-personal comparisons …
Persistent link: https://www.econbiz.de/10011116860
Multiple group memberships are the rule rather than the exception. Within a linear public good game, we experimentally investigate two possible factors that impact the decision to cooperate in a smaller, local or a larger, global group: diverging marginal per capita returns, resulting in...
Persistent link: https://www.econbiz.de/10011116875