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We investigate collusive pricing in laboratory markets when human players interact with an algorithm. We compare the degree of (tacit) collusion when exclusively humans interact to the case of one firm in the market delegating its decisions to an algorithm. We further vary whether participants...
Persistent link: https://www.econbiz.de/10013228135
same group identity as the predecessor whose actions are observed? In this paper, we conduct a lab experiment to answer …
Persistent link: https://www.econbiz.de/10013228163
Pro-environmental behaviour (PEB) is often promoted by reinforcing or highlighting own benefits. However, considering that actors also care about the outcomes for others (i.e. they hold other-regarding preferences), PEB may also be encouraged by addressing these other-regarding preferences. In...
Persistent link: https://www.econbiz.de/10013228223
This paper conducts a laboratory experiment to assess the optimal portfolio allocation under quantile preferences (QP … theories, and evaluate the relative predictive performance of each theory. The experiment assesses individuals' preferences … through a portfolio choice experiment constructed from two assets that may include a risk-free asset. The results of the …
Persistent link: https://www.econbiz.de/10013228390
using a survey experiment for a large representative sample of the German population. Providing randomized information that …
Persistent link: https://www.econbiz.de/10013228394
We investigate the relation between the motive of greed and several asset market indicators such as trading activity and bubble formation in the form of mispricing, overpricing, and price amplitude. To that end, we run experiments in which we are able to measure individuals’ greed and create...
Persistent link: https://www.econbiz.de/10013228409
We use a Randomized Controlled Trial in Pakistan to test whether one-on-one engagement with community religious leaders can encourage them to advise congregants to comply with public health guidelines from state authorities. We test whether religious content in this engagement increases its...
Persistent link: https://www.econbiz.de/10013228463
We conduct decision experiments on a simple manufacturer-retailer supply chain where the retailer faces the newsvendor problem. Both firms in our experiments are represented by human subjects that engage in repeated interaction with each other. Different from the literature, we aim to understand...
Persistent link: https://www.econbiz.de/10013228581
Children's neighborhood contexts are defined by rising socioeconomic inequality and segregation. This article reviews several decades of research on how neighborhood socioeconomic conditions are associated with children's development. The nonexperimental literature suggests that the most salient...
Persistent link: https://www.econbiz.de/10013229018
We examine how experience-induced adaptations that affect the breadth of an ongoing activity affect performance. The research on organizational learning suggests that accumulating experience, both from repetition and adaptation at the activity level, improves outcomes. Yet, findings on the...
Persistent link: https://www.econbiz.de/10013229434